Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 28, 2018

Accounting Policies [Abstract]

Receivables

The components of receivables, net, follow.

in millions	January 28, 2018		January 29, 2017
Card receivables	$	734	$	729
Rebate receivables	609		625
Customer receivables	261		216
Other receivables	348		459
Receivables, net	$	1,952	$	2,029

Property and Equipment Useful Lives

The estimated useful lives of our property and equipment follow.

	Life
Buildings	5 – 45 years
Furniture, fixtures and equipment	2 – 20 years
Leasehold improvements	5 – 45 years

Goodwill

Changes in the carrying amount of our goodwill follow.

in millions	Fiscal		Fiscal			Fiscal
	2017		2016			2015
Goodwill, balance at beginning of year	$	2,093	$	2,102		$	1,353
Acquisitions	164		—			788
Other (1)	18		(9		)	(39		)
Goodwill, balance at end of year	$	2,275	$	2,093		$	2,102

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(1) Primarily reflects the impact of foreign currency translation.

Other Operating Cost and Expense

Gift card breakage income, which is recognized as a reduction to SG&A, follows.

in millions	Fiscal		Fiscal		Fiscal
	2017		2016		2015
Gift card breakage income	$	39	$	34	$	27

Certain co-op advertising allowances that are reimbursements of specific, incremental, and identifiable costs incurred to promote vendors’ products are recorded as an offset against advertising expense in SG&A and were as follows:

in millions	Fiscal		Fiscal		Fiscal
	2017		2016		2015
Specific, incremental, and identifiable co-op advertising allowances	$	198	$	166	$	129

in millions	Fiscal		Fiscal		Fiscal
	2017		2016		2015
Gross advertising expense	$	995	$	955	$	868