Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 28, 2017

Summary of Significant Accounting Policies [Abstract]

Schedule of estimated useful lives by major asset category

Estimated useful lives by major asset category are as follows:



Asset		Life (in years)
Buildings		5-35
Leasehold improvements		3-15
Fixtures and equipment		2-15
Property under capital and financing leases		4-5

Schedule of changes in carrying amount of goodwill and indefinite lived tradenames by segment

The changes in the carrying amount of goodwill and indefinite-lived tradenames by segment were as follows in fiscal 2017, 2016 and 2015 ($ in millions):



	Goodwill		Indefinite-Lived Tradenames
	Domestic		Domestic			International			Total
Balances at February 1, 2014	$	425	$	19		$	82		$	101
Sale of business⁽¹⁾	—		—			(37		)	(37		)
Impairments	—		(1		)	—			(1		)
Changes in foreign currency exchange rates	—		—			(6		)	(6		)
Balances at January 31, 2015	425		18			39			57
Canada brand restructuring⁽²⁾	—		—			(40		)	(40		)
Changes in foreign currency exchange rates	—		—			1			1
Balances at January 30, 2016	425		18			—			18
Balances at January 28, 2017	$	425	$	18		$	—		$	18


(1)	Primarily represents the Five Star indefinite-lived tradenames classified as held for sale at January 31, 2015.


(2)	Represents the Future Shop tradename impaired as a result of the Canada brand restructuring in the first quarter of fiscal 2016. See Note 4, Restructuring Charges, for further discussion.

Schedule of goodwill



	January 28, 2017					January 30, 2016
	Gross Carrying Amount		Cumulative Impairment			Gross Carrying Amount		Cumulative Impairment
Goodwill	$	1,100	$	(675	)	$	1,100	$	(675	)

Schedule of self insurance liability

Our self-insured liabilities included in the Consolidated Balance Sheets were as follows ($ in millions):



	January 28, 2017		January 30, 2016
Accrued liabilities	$	65	$	62
Long-term liabilities	63		54
Total	$	128	$	116

Schedule of primary costs, classified in each major expense category

The following table illustrates the primary costs classified in each major expense category:



Cost of Goods Sold
•	Total cost of products sold including:
	—	Freight expenses associated with moving merchandise inventories from our vendors to our distribution centers;
	—	Vendor allowances that are not a reimbursement of specific, incremental and identifiable costs; and
	—	Cash discounts on payments to merchandise vendors;
•	Cost of services provided including:
	—	Payroll and benefits costs for services employees; and
	—	Cost of replacement parts and related freight expenses;
•	Physical inventory losses;
•	Markdowns;
•	Customer shipping and handling expenses;
•	Costs associated with operating our distribution network, including payroll and benefit costs, occupancy costs and depreciation; and
•	Freight expenses associated with moving merchandise inventories from our distribution centers to our retail stores.



SG&A
•		Payroll and benefit costs for retail and corporate employees;
•		Occupancy and maintenance costs of retail, services and corporate facilities;
•		Depreciation and amortization related to retail, services and corporate assets;
•		Advertising costs;
•		Vendor allowances that are a reimbursement of specific, incremental and identifiable costs to promote a vendor's products;
•		Tender costs, including bank charges and costs associated with credit and debit card interchange fees;
•		Charitable contributions;
•		Outside and outsourced service fees;
•		Long-lived asset impairment charges; and
•		Other administrative costs, such as supplies, travel and lodging.