Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.19.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Feb. 02, 2019
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 2,
2019
 
February 3,
2018
 
(millions)
Non-amortizing intangible assets
 
 
 
Goodwill
$
9,290

 
$
9,279

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

 
3,897

Tradenames
403

 
403

 
$
4,311

 
$
4,300

Amortizing intangible assets
 
 
 
Favorable leases and other contractual assets
$
136

 
$
136

Tradenames
43

 
43

 
179

 
179

Accumulated amortization
 
 
 
Favorable leases and other contractual assets
(95
)
 
(87
)
Tradenames
(9
)
 
(7
)
 
(104
)
 
(94
)
 
$
75

 
$
85

 
 
 
 
Capitalized software
 
 
 
Gross balance
$
1,316

 
$
1,364

Accumulated amortization
(646
)
 
(663
)
 
$
670

 
$
701

Future Estimated Intangible Amortization Expense
Future estimated amortization expense for assets, excluding in-process capitalized software of $58 million not yet placed in service as of February 2, 2019, is shown below:
 
 
Amortizing intangible assets
 
Capitalized Software
 
(millions)
Fiscal year
 
 
 
2019
$
9

 
$
254

2020
8

 
192

2021
6

 
123

2022
6

 
41

2023
6

 
2