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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 27, 2014
Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense for the intangible assets is as follows:

 

(In millions)

      

2015

   $ 17  

2016

     12  

2017

     7  

2018

     6  

2019

     5  

Thereafter

     25  
  

 

 

 

Total

   $ 72  
  

 

 

 
Schedule of Goodwill By Segment

The components of goodwill by segment are provided in the following table:

 

(In millions)

   North
American
Retail
Division
    North
American
Business
Solutions
Division
    International
Division
    Corporate     Total  

Goodwill

   $ 2     $ 368     $ 909       —       $ 1,279   

Accumulated impairment losses

     (2     (349     (863     —          (1,214

Foreign currency rate impact

     —          —          (1     —          (1
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 29, 2012

   $ —        $ 19     $ 45       —        $ 64  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Impairment loss

     —          —          (44 )     —          (44 )

Additions

     —          2       —          377       379  

Foreign currency rate impact

     —          —          (1 )     —          (1 )
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 28, 2013

   $ —        $ 21     $ —          377     $ 398  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Measurement period fair value adjustments

     —          —          —          17       17  

Sale of Grupo OfficeMax

     —          —          —          (24 )     (24 )

Allocation to reporting units

     78       277       15       (370 )     —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 27, 2014

   $ 78     $ 298     $ 15       —        $ 391  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Schedule Of Amortizing Intangible Assets

Definite-lived intangible assets, which are included in Other intangible assets in the Consolidated Balance Sheets, are as follows:

 

     December 27, 2014  
(In millions)    Gross
  Carrying Value  
     Accumulated
    Amortization    
     Net
  Carrying Value  
 

Customer relationships

   $ 77      $ (37 )    $ 40  

Favorable leases

     36        (8 )      28  

Trade names

     9        (5 )      4  
  

 

 

    

 

 

    

 

 

 

Total

$ 122   $ (50 ) $ 72  
  

 

 

    

 

 

    

 

 

 

 

     December 28, 2013  
(In millions)    Gross
    Carrying Value    
     Accumulated
    Amortization    
     Net
    Carrying Value    
 

Customer relationships

   $ 74      $ (20 )    $ 54  

Favorable leases

     44        —          44  

Trade names

     10        (1 )      9  
  

 

 

    

 

 

    

 

 

 

Total

$ 128   $ (21 ) $ 107  
  

 

 

    

 

 

    

 

 

 
Capitalized Software  
Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense related to capitalized software at December 27, 2014 is as follows:

 

(In millions)

      

2015

   $ 74  

2016

     42  

2017

     19  

2018

     9  

2019

     4  

Thereafter

     —