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Costco - Segment Capital Expenditures to Depreciation: United States, Canadian, and Other International Operations.

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Fiscal Year	United States			Canadian			Other International
	Capital Expenditures	Depreciation	Ratio	Capital Expenditures	Depreciation	Ratio	Capital Expenditures	Depreciation
FY25 (e)	$3.85B	$1.70B	2.26	$0.46B	$0.32B	1.44	$0.79B	$0.37B
FY24	$3.48B	$1.59B	2.19	$0.42B	$0.29B	1.45	$0.81B	$0.36B
FY23	$3.21B	$1.48B	2.17	$0.39B	$0.27B	1.44	$0.72B	$0.33B
FY22	$2.99B	$1.34B	2.23	$0.34B	$0.25B	1.36	$0.57B	$0.30B
FY21	$2.73B	$1.26B	2.17	$0.38B	$0.24B	1.58	$0.48B	$0.28B
FY20	$2.13B	$1.17B	1.82	$0.27B	$0.23B	1.17	$0.41B	$0.25B

Note:

All figures are in USD billions.
"Capital Expenditures" are represented by "Additions to Property and Equipment" as reported in Costco's Form 10-K filings.
"Depreciation" refers to "Depreciation and Amortization."
Data for fiscal years 2020-2023 is sourced from Costco's annual 10-K filings.
FY24 segment breakdown is estimated based on the total reported capital expenditures and depreciation and historical segment distribution.
FY25 figures are estimates based on the company's capital expenditure guidance of approximately $5.1 billion and year-to-date data from the Q3 2025 Form 10-Q. The fiscal year for Costco ends on the Sunday closest to August 31.