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Acquisition Acquisition
 12 Months Ended
Feb. 02, 2013
Business Combinations [Abstract]  
Business Combination Disclosure [Text Block]
Acquisition
On December 31, 2012, we acquired all of the outstanding capital stock of Intermix, a multi-brand retailer of luxury and contemporary women's apparel and accessories based in New York, New York, for an aggregate purchase price of $129 million in cash. The acquisition will allow us to extend our portfolio of brands and further penetrate the higher-end apparel market with an established brand.
The results of operations for Intermix since the date of acquisition are not material to the Consolidated Statements of Income. In addition, the impact of the acquisition on the Company's results of operations, as if the acquisition had been completed on the first day of fiscal 2011, is not significant.
The preliminary purchase price allocation as of December 31, 2012 was as follows:
($ in millions)
 
Goodwill
$
85

Trade name
38

Intangible assets subject to amortization
3

Net assets acquired
3

Total purchase price
$
129


The purchase price allocation above is subject to adjustments as the fair values are finalized.
All of the assets and liabilities acquired, including goodwill, have been allocated to the Direct reportable segment. None of the goodwill acquired is deductible for tax purposes.
See Note 4 of Notes to Consolidated Financial Statements for disclosures about goodwill and intangible assets.