Switch to:
Kohl's Corp (NYSE:KSS)
Long-Term Capital Lease Obligation
$1,789 Mil (As of Jan. 2016)

Kohl's Corp's long-term capital lease obligation for the quarter that ended in Jan. 2016 was $1,789 Mil.

Kohl's Corp's quarterly long-term capital lease obligation declined from Jul. 2015 ($1,821 Mil) to Oct. 2015 ($1,817 Mil) and declined from Oct. 2015 ($1,817 Mil) to Jan. 2016 ($1,789 Mil).

Kohl's Corp's annual long-term capital lease obligation declined from Jan. 2014 ($1,930 Mil) to Jan. 2015 ($1,858 Mil) and declined from Jan. 2015 ($1,858 Mil) to Jan. 2016 ($1,789 Mil).


Capital lease obligations are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The current portion of a capital lease obligation is the portion of a long-term capital lease that is due over the next year.


Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Kohl's Corp Annual Data

LongTermCapitalLeaseObligation 000002,0091,9561,9301,8581,789

Kohl's Corp Quarterly Data

LongTermCapitalLeaseObligation 1,9301,9191,8961,8861,8581,8401,8211,8171,7891,770
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)