Goodwill and Intangible Assets

9 Months Ended

Nov. 03, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying values of goodwill and indefinite-lived tradenames by segment were as follows in the eight months ended November 3, 2012 and October 29, 2011:



	Goodwill								Indefinite-lived Tradenames
	Domestic		International			Total			Domestic		International		Total
Balances at March 3, 2012	$	516	$	819		$	1,335		$	19	$	111	$	130
Changes in foreign currency exchange rates	—		(5		)	(5		)	—		—		—
Acquisitions	14		—			14			—		—		—
Balances at November 3, 2012	$	530	$	814		$	1,344		$	19	$	111	$	130



	Goodwill								Indefinite-lived Tradenames
	Domestic		International			Total			Domestic			International		Total
Balances at February 26, 2011	$	422	$	2,032		$	2,454		$	21		$	84	$	105
Sale of business	—		—			—			(3		)	—		(3		)
Changes in foreign currency exchange rates	—		(7		)	(7		)	—			1		1
Other⁽¹⁾	—		—			—			—			28		28
Balances at October 29, 2011 (recast)	$	422	$	2,025		$	2,447		$	18		$	113	$	131


⁽¹⁾	Represents the transfer of certain definite-lived tradenames (at their net book value) to indefinite-lived tradenames following our decision not to phase out certain tradenames. We believe these tradenames will continue to contribute to our future cash flows indefinitely.

The following table provides the gross carrying amount of goodwill and cumulative goodwill impairment losses:



	November 3, 2012					March 3, 2012					October 29, 2011
	Gross Carrying Amount		Cumulative Impairment			Gross Carrying Amount		Cumulative Impairment			Gross Carrying Amount		Cumulative Impairment
											(recast)		(recast)
Goodwill	$	2,605	$	(1,261	)	$	2,596	$	(1,261	)	$	2,511	$	(64	)

The following table provides the gross carrying values and related accumulated amortization of definite-lived intangible assets:



	November 3, 2012					March 3, 2012					October 29, 2011
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
											(recast)		(recast)
Customer relationships	$	475	$	(262	)	$	453	$	(224	)	$	382	$	(217	)

Total amortization expense for the three months ended November 3, 2012 and October 29, 2011, was $10 and $9, respectively, and was $30 and $39 for the nine months then ended, respectively. The estimated future amortization expense for identifiable intangible assets is as follows:



Fiscal Year
Remainder of fiscal 2013	$	11
2014	42
2015	42
2016	42
2017	24
Thereafter	52

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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