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Other Intangible Assets, net
 12 Months Ended
Jan. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets, net

9.  Other Intangible Assets, net

 
 
 
 
 
 
 
 
 
 
January 31, 2015
 
Wtd. Avg.
Life in
Years(2)
 
February 1, 2014
(in millions)
 
Gross
value
 
Accum.
amort.
 
Net
Value
 
Gross
value
 
Accum.
amort.
 
Net
Value
Amortized intangible assets:(1)
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Lease acquisition costs
 
$
128
 
 
$
(116
) 
 
$
12
 
 
 
12.0
 
 
$
155
 
 
$
(137
) 
 
$
18
 
Trademarks
 
 
21
 
 
 
(12
) 
 
 
9
 
 
 
19.7
 
 
 
21
 
 
 
(11
) 
 
 
10
 
Favorable leases
 
 
7
 
 
 
(4
) 
 
 
3
 
 
 
7.4
 
 
 
8
 
 
 
(3
) 
 
 
5
 
  
 
$
156
 
 
$
(132
) 
 
$
24
 
 
 
14.2
 
 
$
184
 
 
$
(151
) 
 
$
33
 
Indefinite life intangible assets(1)
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Runners Point Group trademarks(3)
 
 
  
 
 
 
  
 
 
 
25
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
30
 
Other trademarks(4)
 
 
  
 
 
 
  
 
 
 
—
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
4
 
  
 
 
  
 
 
 
  
 
 
$
25
 
 
 
  
 
 
 
  
 
 
 
  
 
 
$
34
 
Other intangible assets, net
 
 
  
 
 
 
  
 
 
$
49
 
 
 
  
 
 
 
  
 
 
 
  
 
 
$
67
 
(1)
Includes the effect of foreign currency translation related primarily to the movements of the euro in relation to the U.S. dollar.
(2)
The weighted-average useful life disclosed excludes those assets that are fully amortized.
(3)
Includes the effect of foreign currency translation and a non-cash impairment charge of $1 million recorded in the fourth quarter of 2014. This impairment charge is described more fully in Note 3, Impairment Charges.
(4)
During 2014, the values of other trademarks were fully impaired. Impairment charges of $3 million and $7 million were recorded in 2014 and 2012, respectively, and are described more fully in Note 3, Impairment Charges.
Amortizing intangible assets primarily represent lease acquisition costs, which are amounts that are required to secure prime lease locations and other lease rights, primarily in Europe. The amortizing intangible asset activity during 2014 of $9 million reflects a $4 million decrease related to foreign currency exchange fluctuations, partially offset by additions of $1 million related to new leases in Europe. Amortization expense for intangibles subject to amortization was $6 million, $11 million, and $14 million for 2014, 2013, and 2012, respectively.
Estimated future amortization expense for finite lived intangibles for the next five years is as follows:
 
 
 
 
(in millions)
2015
 
$
4
 
2016
 
 
4
 
2017
 
 
3
 
2018
 
 
3
 
2019
 
 
3