DOLLAR GENERAL CORP Fair Value Disclosure
6.Assets and liabilities measured at fair value
The following table presents the Company’s assets and liabilities required to be measured at fair value as of January 30, 2026, aggregated by the level in the fair value hierarchy within which those measurements are classified.
| Quoted Prices | | | |
| ||||||||
in Active | |||||||||||||
Markets | Significant | ||||||||||||
for Identical | Other | Significant | Total Fair | ||||||||||
Assets and | Observable | Unobservable | Value at | ||||||||||
Liabilities | Inputs | Inputs | January 30, | ||||||||||
(In thousands) | (Level 1) | (Level 2) | (Level 3) | 2026 | |||||||||
Liabilities: | |||||||||||||
Current and long-term obligations (a) | $ | 4,407,282 | $ | 148,666 | $ | — | $ | 4,555,948 | |||||
Deferred compensation (b) |
| 54,134 |
| — |
| — |
| 54,134 | |||||
| (a) | Included in the consolidated balance sheet at book value as current portion of long-term obligations of $14,401 and long-term obligations of $4,565,881. |
| (b) | Reflected at fair value in the consolidated balance sheet as a component of accrued expenses and other current liabilities of $3,297 and a component of noncurrent other liabilities of $50,837. |
The carrying amounts reflected in the consolidated balance sheets for cash, cash equivalents, short-term investments, receivables and payables approximate their respective fair values. The Company does not have any recurring fair value measurements using significant unobservable inputs (Level 3) as of January 30, 2026.
Certain assets and liabilities are measured at fair value on a nonrecurring basis. These include assets for which impairments were recorded. The Company reviewed store assets for indicators of impairment. The fair value is estimated based primarily upon estimated future cash flows over the asset’s remaining useful life (discounted at the Company’s credit adjusted risk-free rate) or other reasonable estimates of fair market value. These measures of fair value, and related inputs, are considered a Level 3 approach under the fair value hierarchy. Refer to Note 1 and Note 12 for further information regarding the impairment charges recorded.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Mar 20, 2026 | Showing above |
| 2025 | Mar 21, 2025 | |
| 2024 | Mar 25, 2024 | |
| 2023 | Mar 24, 2023 | |
| 2022 | Mar 18, 2022 | |
| 2021 | Mar 19, 2021 | |
| 2020 | Mar 19, 2020 | |
| 2019 | Mar 22, 2019 | |
| 2018 | Mar 23, 2018 | |
| 2017 | Mar 24, 2017 | |
| 2016 | Mar 22, 2016 | |
About Fair Value Disclosures
Fair value disclosures classify all assets and liabilities measured at fair value into a three-level hierarchy: Level 1 (quoted market prices), Level 2 (observable inputs like yield curves), and Level 3 (unobservable inputs requiring management estimates). The proportion of Level 3 assets directly reflects how much of the balance sheet depends on internal models rather than market evidence.
Key signals: a growing Level 3 balance relative to total fair-value assets increases valuation uncertainty and earnings volatility risk. Watch for transfers between levels — assets moving from Level 2 to Level 3 often signal deteriorating market liquidity. Unrealized gains and losses on Level 3 positions flow through earnings or other comprehensive income, so large swings deserve scrutiny. For financial institutions, examine the sensitivity disclosures that show how Level 3 valuations change under alternative assumptions. Compare the fair value of debt against its carrying amount to gauge hidden leverage.