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Target (Target) Construction In Progress

: $1,703 Mil (As of Jan. 2024)
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Target's quarterly construction in progress declined from Jul. 2023 ($2,641 Mil) to Oct. 2023 ($2,000 Mil) and declined from Oct. 2023 ($2,000 Mil) to Jan. 2024 ($1,703 Mil).

Target's annual construction in progress increased from Jan. 2022 ($1,257 Mil) to Jan. 2023 ($2,688 Mil) but then declined from Jan. 2023 ($2,688 Mil) to Jan. 2024 ($1,703 Mil).


Target Construction In Progress Historical Data

The historical data trend for Target's Construction In Progress 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.

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 533.00 780.00 1,257.00 2,688.00 1,703.00

Target Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,688.00 2,822.00 2,641.00 2,000.00 1,703.00

Target Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Target (Target) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
Executives
Matthew L Zabel officer: Executive Officer 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Christina Hennington officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Don H Liu officer: Executive Officer 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Brian C Cornell director, officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Matthew A Liegel officer: Chief Accounting Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
John J Mulligan officer: Executive Officer 1000 NICOLLET MALL, TPS-2672, MINNEAPOLIS MN 55403
Grace Puma Whiteford director C/O WILLIAM SONOMA, INC., 3250 VAN NESS AVENUE, SAN FRANCISCO CA 94109
Cara A Sylvester officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Jill Sando officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Melissa K Kremer officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Michael J Fiddelke officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Katie M Boylan officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Robert M Harrison officer: Chief Accounting Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Richard H. Gomez officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Gail Boudreaux director GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142