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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Jan. 30, 2016 | Jan. 31, 2015
Summary of Significant Accounting Policies [Abstract] |  |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles |  | The following table reconciles the balance sheet line items impacted by the adoption of these two standards for fiscal 2015:
Balance Sheet | 2015 Reported |  | ASU 2015-03 & 2015-15 Adjustments |  | ASU 2015-17 Adjustments |  | 2015 Adjusted
Other current assets | $ | 703 |  |  | $ | (2 | ) |  | $ | (252 | ) |  | $ | 449 |
Current assets held for sale | 684 |  |  | — |  |  | (3 | ) |  | 681 |
Other assets | 583 |  |  | (6 | ) |  | 252 |  |  | 829 |
Total assets | $ | 15,256 |  |  | $ | (8 | ) |  | $ | (3 | ) |  | $ | 15,245 |
Long-term debt | $ | 1,580 |  |  | $ | (8 | ) |  | $ | — |  |  | $ | 1,572 |
Long-term liabilities held for sale | 18 |  |  | — |  |  | (3 | ) |  | 15 |
Total liabilities & equity | $ | 15,256 |  |  | $ | (8 | ) |  | $ | (3 | ) |  | $ | 15,245 |
Schedule of estimated useful lives by major asset category | Estimated useful lives by major asset category are as follows:
Asset |  | Life (in years)
Buildings |  | 35
Leasehold improvements |  | 3-25
Fixtures and equipment |  | 3-20
Property under capital and financing leases |  | 2-20
Schedule of changes in carrying amount of goodwill and indefinite lived tradenames by segment | The changes in the carrying amount of goodwill and indefinite-lived tradenames by segment were as follows in fiscal 2016, 2015 and 2014 ($ in millions):
| Goodwill |  | Indefinite-Lived Tradenames
| Domestic |  | International |  | Total |  | Domestic |  | International |  | Total
Balances at February 2, 2013 | $ | 528 |  |  | $ | — |  |  | $ | 528 |  |  | $ | 19 |  |  | $ | 112 |  |  | $ | 131 |
Sale of business(1) | (103 | ) |  | — |  |  | (103 | ) |  | — |  |  | (22 | ) |  | (22 | )
Impairments | — |  |  | — |  |  | — |  |  | — |  |  | (4 | ) |  | (4 | )
Changes in foreign currency exchange rates | — |  |  | — |  |  | — |  |  | — |  |  | (4 | ) |  | (4 | )
Balances at February 1, 2014 | 425 |  |  | — |  |  | 425 |  |  | 19 |  |  | 82 |  |  | 101 |
Sale of business(2) | — |  |  | — |  |  | — |  |  |  |  |  | (37 | ) |  | (37 | )
Impairments | — |  |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Changes in foreign currency exchange rates | — |  |  | — |  |  | — |  |  | — |  |  | (6 | ) |  | (6 | )
Balances at January 31, 2015 | 425 |  |  | — |  |  | 425 |  |  | 18 |  |  | 39 |  |  | 57 |
Canada brand restructuring (3) | — |  |  | — |  |  | — |  |  | — |  |  | (40 | ) |  | (40 | )
Changes in foreign currency exchange rates | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | 1 |
Balances at January 30, 2016 | $ | 425 |  |  | $ | — |  |  | $ | 425 |  |  | $ | 18 |  |  | $ | — |  |  | $ | 18 |
(1) | Represents goodwill written off as a result of the sale of mindSHIFT in fiscal 2014 and indefinite-lived tradenames written off as a result of the sale of Best Buy Europe in fiscal 2014.
(2) | Primarily represents the Five Star indefinite-lived tradenames classified as held for sale at January 31, 2015.
(3) | Represents the Future Shop tradename impaired as a result of the Canada brand restructuring in the first quarter of fiscal 2016. See Note 4, Restructuring Charges, for further discussion.
Schedule of goodwill |
| January 30, 2016 |  | January 31, 2015
| Gross Carrying Amount |  | Cumulative Impairment |  | Gross Carrying Amount(1) |  | Cumulative Impairment(1)
Goodwill | $ | 1,100 |  |  | $ | (675 | ) |  | $ | 1,100 |  |  | $ | (675 | )
(1) | Excludes the gross carrying amount and cumulative impairment related to Five Star, which was held for sale at the end of fiscal 2015. The sale of Five Star was completed on February 13, 2015.
Schedule of self insurance liability | Our self-insured liabilities included in the Consolidated Balance Sheets were as follows ($ in millions):
| January 30, 2016 |  | January 31, 2015
Accrued liabilities | $ | 62 |  |  | $ | 60 |
Long-term liabilities | 54 |  |  | 53 |
Total | $ | 116 |  |  | $ | 113 |
Schedule of primary costs, classified in each major expense category | The following table illustrates the primary costs classified in each major expense category:
Cost of Goods Sold
• |  | Total cost of products sold including:
|  | — |  | Freight expenses associated with moving merchandise inventories from our vendors to our distribution centers;
|  | — |  | Vendor allowances that are not a reimbursement of specific, incremental and identifiable costs; and
|  | — |  | Cash discounts on payments to merchandise vendors;
• |  | Cost of services provided including:
|  | — |  | Payroll and benefits costs for services employees; and
|  | — |  | Cost of replacement parts and related freight expenses;
• |  | Physical inventory losses;
• |  | Markdowns;
• |  | Customer shipping and handling expenses;
• |  | Costs associated with operating our distribution network, including payroll and benefit costs, occupancy costs and depreciation; and
• |  | Freight expenses associated with moving merchandise inventories from our distribution centers to our retail stores.
SG&A
• |  | Payroll and benefit costs for retail and corporate employees;
• |  | Occupancy and maintenance costs of retail, services and corporate facilities;
• |  | Depreciation and amortization related to retail, services and corporate assets;
• |  | Advertising costs;
• |  | Vendor allowances that are a reimbursement of specific, incremental and identifiable costs to promote a vendor's products;
• |  | Tender costs, including bank charges and costs associated with credit and debit card interchange fees;
• |  | Charitable contributions;
• |  | Outside and outsourced service fees;
• |  | Long-lived asset impairment charges; and
• |  | Other administrative costs, such as supplies, travel and lodging.

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