Credit Quality The primary indicators of the credit quality of our credit card receivables are aging and delinquency, particularly the levels of account  balances delinquent 30 days or more, as these are the accounts most likely to be written off. The following table illustrates the aging and  delinquency status of our credit card receivables: January 31, 2015 February 1, 2014 Balance % of total Balance % of total Current $2,134 93.4% $2,046 93.7% 1 – 29 days delinquent 103 4.5% 99 4.5% 30 days or more delinquent: 30 – 59 days delinquent 16 0.7% 16 0.7% 60 – 89 days delinquent 10 0.5% 9 0.4% 90 days or more delinquent 21 0.9% 14 0.7% Total 30 days or more delinquent 47 2.1% 39 1.8% Total credit card receivables $2,284 100.0% $2,184 100.0% Receivables not accruing finance charges $13 $13 Receivables 90 days or more delinquent and still accruing finance charges $13 $8 We also evaluate credit quality using FICO credit scores. The following table illustrates the distribution of our credit card receivables across  FICO score ranges: January 31, 2015 February 1, 2014 FICO Score Range 1 Balance % of total Balance % of total 801+ $369 16.2% $313 14.3% 660 – 800 1,435 62.8% 1,393 63.8% 001 – 659 392 17.1% 379 17.4% Other 2 88 3.9% 99 4.5% Total credit card receivables $2,284 100.0% $2,184 100.0% $^{$_{1}$ }$Credit scores for our credit cardholders are updated at least every 60 days for active accounts and every 90 days for inactive accounts. Amounts listed in the table reflect the  most recently obtained credit scores as of the dates indicated. 2  Other consists of amounts not yet posted to customers’ accounts and receivables from customers for whom FICO scores are temporarily unavailable. NOTE 4: LAND, PROPERTY AND EQUIPMENT Land, property and equipment consist of the following: January 31, 2015 February 1, 2014 Land and land improvements $99 $80 Buildings and building improvements 1,040 991 Leasehold improvements 2,510 2,330 Store fixtures and equipment 3,055 2,894 Capitalized software 739 628 Construction in progress 595 421 Land, property and equipment 8,038 7,344 Less: accumulated depreciation and amortization (4,698) (4,395) Land, property and equipment, net $3,340 $2,949 The total cost of property and equipment held under capital lease obligations was $28 at the end of both 2014 and 2013, with related  accumulated amortization of $26 in 2014 and $25 in 2013. Depreciation expense was $498 in 2014, $444 in 2013 and $410 in 2012.  Nordstrom, Inc. and subsidiaries 49 Nordstrom, Inc. Notes to Consolidated Financial Statements Dollar and share amounts in millions except per share, per option and per unit amounts