Other Intangible Assets, net

6 Months Ended

Jul. 30, 2016

Goodwill and Other Intangible Assets, Net [Abstract]

4. Other Intangible Assets, net

The components of finite-lived intangible assets and intangible assets not subject to amortization are as follows:



		July 30, 2016						August 1, 2015						January 30, 2016
		Gross		Accum.		Net		Gross		Accum.		Net		Gross		Accum.		Net
($ in millions)		value		amort.		Value		Value		amort.		Value		value		amort.		Value
Amortized intangible assets: (1)
	Lease acquisition costs	$	120	$	(108)	$	12	$	121	$	(111)	$	10	$	119	$	(107)	$	12
	Trademarks / trade names		20		(13)		7		21		(12)		9		20		(12)		8
	Favorable leases		7		(5)		2		7		(4)		3		7		(5)		2
		$	147	$	(126)	$	21	$	149	$	(127)	$	22	$	146	$	(124)	$	22



		July 30, 2016			August 1, 2015			January 30, 2016
			Net			Net			Net
			Value			Value			Value
Indefinite life intangible assets: (1)
	Runners Point Group trademarks / trade names		$	23		$	24		$	23
Other intangible assets, net			$	44		$	46		$	45

(1)

The change in the ending balances also reflects the effect of foreign currency fluctuations due primarily to the movements of the euro in relation to the U.S. dollar.

Amortization of $2 million was recorded for the twenty-six week period ended July 30, 2016. This was partially offset by $1 million of lease acquisition additions primarily related to our European businesses, which are being amortized over a weighted-average life of 10 years.



	Thirteen weeks ended				Twenty-six weeks ended
($ in millions)		July 30, 2016		August 1, 2015	July 30, 2016		August 1, 2015
Amortization expense	$	1	$	1	$	2	$	2

Estimated future amortization expense for finite life intangible assets is as follows:


		($ in millions)
Remainder of 2016	$	2
2017		4
2018		3
2019		3
2020		3
2021		2