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Goodwill and Other Intangible Assets
12 Months Ended
Feb. 02, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
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


Finite lived tradenames are being amortized over their respective useful lives of 20 years. Favorable lease intangible assets are being amortized over their respective lease terms (weighted average remaining life of approximately six years).
Favorable leases, other contractual assets, and tradenames amortization expense amounted to $10 million for 2018, 2017 and 2016. Capitalized software amortization expense amounted to $296 million for 2018, $301 million for 2017 and $293 million for 2016.
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