Segment Information (Tables)

12 Months Ended

Jan. 28, 2012

Sales and Division Operating Results for Reportable Segments

	2011			2010		2009
	(in millions)
Sales
Athletic Stores	$	5,110		$	4,617	$	4,448
Direct-to-Customers		513			432		406
Total sales	$	5,623		$	5,049	$	4,854
Operating Results
Athletic Stores(1)	$	495		$	329	$	114
Direct-to-Customers(2)		45			30		32
		540			359		146
Restructuring (charge) income(3)		(1	)		—		1
Division profit		539			359		147
Less: Corporate expense(4)		102			97		67
Operating profit		437			262		80
Other income(5)		4			4		3
Interest expense, net		6			9		10
Income from continuing operations before income taxes	$	435		$	257	$	73

(1) The year ended January 30, 2010 includes non-cash impairment charges totaling $32 million, which were recorded to write-down long-lived assets such as store fixtures and leasehold improvements at the Company’s Lady Foot Locker, Kids Foot Locker, Footaction, and Champs Sports divisions.

(2) Included in the results for the year ended January 28, 2012 and January 29, 2011 are non-cash impairment charges of $5 million and $10 million, respectively, to write down the CCS tradename intangible asset. Included in the results for the year ended January 30, 2010 is a non-cash impairment charge of $4 million to write off software development costs.

(3) During the first quarter of 2011, the Company increased its 1993 Repositioning and 1991 Restructuring reserve by $1 million for repairs necessary to one of the locations comprising this reserve. During the year ended January 30, 2010, the Company adjusted its 1999 restructuring reserves to reflect a favorable lease termination. These amounts are included in selling, general, and administrative expenses.

(4) During 2009, the Company restructured its organization by consolidating the Lady Foot Locker, Foot Locker U.S., Kids Foot Locker, and Footaction businesses in addition to reducing corporate staff, resulting in a $5 million charge.

(5) Other income includes non-operating items, such as gains from insurance recoveries, gains on the repurchase and retirement of bonds, royalty income, the changes in fair value, premiums paid and realized gains associated with foreign currency option contracts. Included in the year ended January 29, 2011 is a $2 million gain to reflect the Company’s settlement of its investment in the Reserve International Liquidity Fund.

Segment Information

	Depreciation and Amortization						Capital Expenditures						Total Assets
	2011		2010		2009		2011		2010		2009		2011		2010		2009
	(in millions)
Athletic Stores	$	90	$	85	$	90	$	117	$	72	$	70	$	2,065	$	1,993	$	1,875
Direct-to-Customers		9		9		9		6		4		5		284		280		289
		99		94		99		123		76		75		2,349		2,273		2,164
Corporate		11		12		13		29		21		14		701		623		652
Total Company	$	110	$	106	$	112	$	152	$	97	$	89	$	3,050	$	2,896	$	2,816

Sales and Long-Lived Asset Information by Geographic Area

Sales and long-lived asset information by geographic area as of and for the fiscal years ended January 28, 2012, January 29, 2011, and January 30, 2010 are presented in the following table. Sales are attributed to the country in which the sales originate, which is where the legal subsidiary is domiciled. Long-lived assets reflect property and equipment.

	2011		2010		2009
	(in millions)
Sales
United States	$	3,959	$	3,568	$	3,425
International		1,664		1,481		1,429
Total sales	$	5,623	$	5,049	$	4,854

The Company’s sales in Italy, Canada, and France represent approximately 23, 18, and 15 percent, respectively, of the International category’s sales for the period ended January 28, 2012. No other individual country included in the International category is significant.

	2011		2010		2009
	(in millions)
Long-Lived Assets
United States	$	285	$	257	$	266
International		142		129		121
Total long-lived assets	$	427	$	386	$	387