Property, plant, and equipment, depreciation and amortization methods, and estimated useful lives by major asset class were as follows: 
Depreciation or
amortization method
Estimated useful lives (in years)January 30,
2026
January 31,
2025
(in millions)
Computer and other equipment
Straight-line or
declining balance
5-10
$101 $98 
Capitalized software
Straight-line
3-6
60 58 
Leasehold improvementsStraight-line
Shorter of lease term or 12
118 111 
Office furniture and fixtures
Straight-line
3-10
20 16 
Buildings and improvementsStraight-line407 
Construction in process18 13 
Land1 
Property, plant, and equipment325 304 
Accumulated depreciation and amortization(215)(200)
Property, plant, and equipment, net$110 $104 

Historical Timeline

Fiscal YearFiled
2026Mar 16, 2026Showing above
2025Mar 17, 2025
2024Mar 20, 2024
2023Apr 3, 2023
2022Mar 28, 2022
2021Mar 26, 2021
2020Mar 27, 2020
2019Mar 29, 2019
2018Mar 29, 2018
2017Mar 30, 2017
2016Mar 29, 2016

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.