Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.20.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Feb. 01, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Company's Goodwill and Other Intangible Assets
The following summarizes the Company’s goodwill and other intangible assets:
 
 
February 1,
2020
 
February 2,
2019
 
(millions)
Non-amortizing intangible assets
 
 
 
Goodwill
$
9,290

 
$
9,290

Accumulated impairment losses
(5,382
)
 
(5,382
)
 
3,908

 
3,908

Tradenames
403

 
403

 
$
4,311

 
$
4,311

Amortizing intangible assets
 
 
 
Favorable leases and other contractual assets (a)
$
5

 
$
136

Tradenames
43

 
43

 
48

 
179

Accumulated amortization
 
 
 
Favorable leases and other contractual assets (a)
(1
)
 
(95
)
Tradenames
(11
)
 
(9
)
 
(12
)
 
(104
)
 
$
36

 
$
75

 
 
 
 
Capitalized software
 
 
 
Gross balance
$
1,262

 
$
1,316

Accumulated amortization
(620
)
 
(646
)
 
$
642

 
$
670


Future Estimated Intangible Amortization Expense
Future estimated amortization expense for assets, excluding in-process capitalized software of $66 million not yet placed in service as of February 1, 2020, is shown below:
 
 
Amortizing intangible assets
 
Capitalized Software
 
(millions)
Fiscal year
 
 
 
2020
$
2

 
$
253

2021
2

 
185

2022
2

 
103

2023
2

 
34

2024
2

 
1