9. Other Intangible Assets, net


	February 2, 2019							February 3, 2018
							Wtd.
							Avg.
	Gross		Accum.		Net		Life in	Gross		Accum.		Net
($ in millions)	value		amort.		value		Years (2)	value		amort.		value
Amortized intangible assets: (1)
Lease acquisition costs	$	120	$	(111)	$	9	9.8	$	135	$	(122)	$	13
Trademarks / trade names		20		(15)		5	20.0		20		(14)		6
Favorable leases		7		(6)		1	9.0		7		(6)		1
	$	147	$	(132)	$	15	14.1	$	162	$	(142)	$	20

Indefinite life intangible assets: (1)
Runners Point Group trademarks / trade names (3)						9							26
Other intangible assets, net					$	24						$	46

(1)

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

(2)

The weighted-average useful life is as of February 2, 2019 and excludes those assets that are fully amortized.

(3)

Includes a non-cash impairment charge of $15 million recorded as of February 2, 2019. This impairment charge is described more fully in Note 3, Litigation and Other 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. Amortization expense recorded is as follows:



($ in millions)	2018		2017		2016
Amortization expense	$	4	$	4	$	4

Estimated future amortization expense for finite lived intangibles for the next five years is as follows:


	($ in millions)
2019	$	3
2020		3
2021		3
2022		2
2023		2