Computer equipment, software, furniture, leasehold improvements, and the related accumulated depreciation at January 31 were as follows:
20252024
Computer hardware, at cost$103 $117 
Computer software, at cost42 48 
Furniture and equipment, at cost100 100 
Leasehold improvements, land and buildings, at cost333 357 
578 622 
Less: Accumulated depreciation(461)(501)
Computer equipment, software, furniture, and leasehold improvements, net$117 $121 

Historical Timeline

Fiscal YearFiled
2025Mar 6, 2025Showing above
2019Mar 25, 2019

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.