Depreciation or amortization expense is computed using the straight‑line method based upon the following estimated useful lives:
Asset TypeYearsBalance Sheet Location
Buildings and improvements
7 - 40
Buildings and Equipment
Equipment and fixtures
5 - 20
Buildings and Equipment
Computer hardware and vehicles
3 - 5
Buildings and Equipment
Tenant improvementsRelated lease termBuildings and Equipment
Leasing costsRelated lease termOther assets, net

Historical Timeline

Fiscal YearFiled
2025Feb 19, 2026Showing above
2024Feb 26, 2025
2023Feb 27, 2024

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.