Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jan. 30, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Company's Goodwill and Other Intangible Assets

The following summarizes the Company’s goodwill and other intangible assets:

	January 30,			February 1,
	2021			2020
	(millions)
Non-amortizing intangible assets
Goodwill	$	9,290		$	9,290
Accumulated impairment losses		(8,462	)		(5,382	)
		828			3,908
Tradenames		403			403
	$	1,231		$	4,311
Amortizing intangible assets
Favorable leases and other contractual assets	$	5		$	5
Tradenames		43			43
		48			48
Accumulated amortization
Favorable leases and other contractual assets		(1	)		(1	)
Tradenames		(13	)		(11	)
		(14	)		(12	)
	$	34		$	36
Capitalized software
Gross balance	$	1,136		$	1,262
Accumulated amortization		(645	)		(620	)
	$	491		$	642

Future Estimated Intangible Amortization Expense

Future estimated amortization expense for assets, excluding in-process capitalized software of $65 million not yet placed in service as of January 30, 2021, is shown below:

		Amortizing		Capitalized
		intangible assets		Software
		(millions)
Fiscal year
	2021	$	2	$	214
	2022		2		132
	2023		2		63
	2024		2		17
	2025		2		—