Lowe's (Lowe's) Buildings And Improvements

: $18,039 Mil (As of Jan. 2024)

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Lowe's's quarterly buildings and improvements stayed the same from Jul. 2023 ($0 Mil) to Oct. 2023 ($0 Mil) but then increased from Oct. 2023 ($0 Mil) to Jan. 2024 ($18,039 Mil).

Lowe's's annual buildings and improvements declined from Jan. 2022 ($18,433 Mil) to Jan. 2023 ($17,784 Mil) but then increased from Jan. 2023 ($17,784 Mil) to Jan. 2024 ($18,039 Mil).

Lowe's Buildings And Improvements Historical Data

The historical data trend for Lowe's's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lowe's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Buildings And Improvements

17,875.00

18,090.00

18,433.00

17,784.00

18,039.00

Lowe's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Buildings And Improvements																17,784.00	-	-	-	18,039.00

Lowe's Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Lowe's (Lowe's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (NYSE:LOW) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

LOW:Mexico LWE:Germany LWE:Germany LOWC34:Brazil

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Executives

Janice Dupre Little	officer: EVP Human Resources	1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Joseph Michael Mcfarland	officer: EVP, Stores	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Quonta D Vance	officer: EVP, Pro & Home Services	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Donald Frieson	officer: EVP, Supply Chain	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
William P Boltz	officer: EVP, Merchandising	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Seemantini Godbole	officer: EVP, Chief Information Officer	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Juliette Williams Pryor	officer: EVP, CLO & Corp. Sec.	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Ross W Mccanless	officer: SR VP Gen Counsel & Secretary
Scott H Baxter	director	400 NORTH ELM STREET, GREENSBORO NC 27401
Taylor Colleen	director	C/O BILL.COM HOLDINGS, INC., 1800 EMBARCADERO ROAD, PALO ALTO CA 94303
Brandon J Sink	officer: EVP, Chief Financial Officer	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Stone West Mary E	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Daniel J Heinrich	director	CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
David H Batchelder	director	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Griggs Dan Clayton Jr	officer: Vice President, CAO	1000 LOWES BOULEVARD, MOORESVILLE NC 28117