Property, Plant and Equipment Disclosure
Asset Age Ratios (Summary)
Average Age
Estimated Total Useful Life
Estimated Age, Time Elapsed Since Purchase
Estimated Remaining Life

Bed Bath & Beyond Inc., balance sheet: property, plant and equipment

US$ in thousands

	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020	Mar 2, 2019	Mar 3, 2018	Feb 25, 2017
Land and buildings	21,597)	24,840)	261,743)	587,684)	588,115)	579,514)
Furniture, fixtures and equipment	594,443)	502,869)	718,159)	1,469,835)	1,409,157)	1,332,038)
Leasehold improvements	746,365)	721,039)	1,082,765)	1,623,015)	1,543,452)	1,454,749)
Computer equipment and software	1,494,457)	1,355,758)	1,376,931)	1,659,589)	1,500,199)	1,290,690)
Property and equipment, gross	2,856,862)	2,604,506)	3,439,598)	5,340,123)	5,040,923)	4,656,991)
Accumulated depreciation	(1,829,475)	(1,686,088)	(2,008,994)	(3,487,032)	(3,131,634)	(2,819,862)
Property and equipment, net	1,027,387)	918,418)	1,430,604)	1,853,091)	1,909,289)	1,837,129)

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

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Item	Description	The company
Property and equipment, gross	Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Bed Bath & Beyond Inc. property and equipment, gross decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
Property and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Bed Bath & Beyond Inc. property and equipment, net decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.

Bed Bath & Beyond Inc., asset age ratios

	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020	Mar 2, 2019	Mar 3, 2018	Feb 25, 2017
Average age ratio	64.04%	64.74%	58.41%	65.30%	62.12%	60.55%
Estimated total useful life (years)	10	8	10	—	—	—
Estimated age, time elapsed since purchase (years)	6	5	6	—	—	—
Estimated remaining life (years)	4	3	4	—	—	—

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

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Asset age ratio	Description	The company
Average age ratio	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Bed Bath & Beyond Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Bed Bath & Beyond Inc. estimated total useful life of depreciable property, plant and equipment decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Bed Bath & Beyond Inc. estimated time elapsed since purchase of depreciable property, plant and equipment improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Estimated remaining life		Bed Bath & Beyond Inc. estimated remaining life of depreciable property, plant and equipment decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.

	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020	Mar 2, 2019	Mar 3, 2018	Feb 25, 2017
Selected Financial Data (US$ in thousands)
Accumulated depreciation	1,829,475)	1,686,088)	2,008,994)	3,487,032)	3,131,634)	2,819,862)
Property and equipment, gross	2,856,862)	2,604,506)	3,439,598)	5,340,123)	5,040,923)	4,656,991)
Asset Age Ratio
Average age¹	64.04%	64.74%	58.41%	65.30%	62.12%	60.55%

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

2022 Calculations

¹ Average age = 100 × Accumulated depreciation ÷ Property and equipment, gross
= 100 × 1,829,475 ÷ 2,856,862 = 64.04%

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Asset age ratio	Description	The company
Average age	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Bed Bath & Beyond Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020	Mar 2, 2019	Mar 3, 2018	Feb 25, 2017
Selected Financial Data (US$ in thousands)
Property and equipment, gross	2,856,862)	2,604,506)	3,439,598)	5,340,123)	5,040,923)	4,656,991)
Depreciation expense	292,300)	338,700)	339,000)	—)	—)	—)
Asset Age Ratio (Years)
Estimated total useful life¹	10	8	10	—	—	—

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

2022 Calculations

¹ Estimated total useful life = Property and equipment, gross ÷ Depreciation expense
= 2,856,862 ÷ 292,300 = 10

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Asset age ratio	Description	The company
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Bed Bath & Beyond Inc. estimated total useful life of depreciable property, plant and equipment decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.

	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020	Mar 2, 2019	Mar 3, 2018	Feb 25, 2017
Selected Financial Data (US$ in thousands)
Accumulated depreciation	1,829,475)	1,686,088)	2,008,994)	3,487,032)	3,131,634)	2,819,862)
Depreciation expense	292,300)	338,700)	339,000)	—)	—)	—)
Asset Age Ratio (Years)
Time elapsed since purchase¹	6	5	6	—	—	—

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

2022 Calculations

¹ Time elapsed since purchase = Accumulated depreciation ÷ Depreciation expense
= 1,829,475 ÷ 292,300 = 6

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Asset age ratio	Description	The company
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Bed Bath & Beyond Inc. estimated time elapsed since purchase of depreciable property, plant and equipment improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020	Mar 2, 2019	Mar 3, 2018	Feb 25, 2017
Selected Financial Data (US$ in thousands)
Property and equipment, net	1,027,387)	918,418)	1,430,604)	1,853,091)	1,909,289)	1,837,129)
Depreciation expense	292,300)	338,700)	339,000)	—)	—)	—)
Asset Age Ratio (Years)
Estimated remaining life¹	4	3	4	—	—	—

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

2022 Calculations

¹ Estimated remaining life = Property and equipment, net ÷ Depreciation expense
= 1,027,387 ÷ 292,300 = 4

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Asset age ratio	Description	The company
Estimated remaining life		Bed Bath & Beyond Inc. estimated remaining life of depreciable property, plant and equipment decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.

Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Analysis of Property, Plant and Equipment

Property, Plant and Equipment Disclosure

Asset Age Ratios (Summary)

Average Age

Estimated Total Useful Life

Estimated Age, Time Elapsed since Purchase

Estimated Remaining Life