XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.22.0.1

GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 6 Months Ended
--- | ---
Jan. 29, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Carrying Value of Goodwill | Changes in the carrying value of Goodwill by reportable segment that have goodwill consisted of the following:
(in millions) | Wholesale |  | Other |  | Total
Goodwill as of July 31, 2021 | $ | 10 |  | (1) | $ | 10 |  | (2) | $ | 20 |
Change in foreign exchange rates | — |  |  | — |  |  | — |
Goodwill as of January 29, 2022 | $ | 10 |  | (1) | $ | 10 |  | (2) | $ | 20 |
(1)Wholesale amounts are net of accumulated goodwill impairment charges of $717 million as of July 31, 2021 and January 29, 2022. (2)Other amounts are net of accumulated goodwill impairment charges of $10 million as of July 31, 2021 and January 29, 2022.
Identifiable Intangible Assets | Identifiable intangible assets, net consisted of the following:
| January 29, 2022 |  | July 31, 2021
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Amortizing intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 1,007 |  |  | $ | 264 |  |  | $ | 743 |  |  | $ | 1,007 |  |  | $ | 234 |  |  | $ | 773 |
Pharmacy prescription files | 33 |  |  | 15 |  |  | 18 |  |  | 33 |  |  | 13 |  |  | 20 |
Operating lease intangibles | 7 |  |  | 5 |  |  | 2 |  |  | 7 |  |  | 4 |  |  | 3 |
Trademarks and tradenames | 84 |  |  | 48 |  |  | 36 |  |  | 84 |  |  | 45 |  |  | 39 |
Total amortizing intangible assets | 1,131 |  |  | 332 |  |  | 799 |  |  | 1,131 |  |  | 296 |  |  | 835 |
Indefinite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks and tradenames | 56 |  |  | — |  |  | 56 |  |  | 56 |  |  | — |  |  | 56 |
Intangibles assets, net | $ | 1,187 |  |  | $ | 332 |  |  | $ | 855 |  |  | $ | 1,187 |  |  | $ | 296 |  |  | $ | 891 |
Estimated Future Amortization Expense | The estimated future amortization expense for each of the next five fiscal years and thereafter on definite lived intangible assets existing as of January 29, 2022 is as follows:
Fiscal Year: | (in millions)
Remaining fiscal 2022 | $ | 36 |
2023 | 72 |
2024 | 72 |
2025 | 70 |
2026 | 66 |
Thereafter | 483 |
| $ | 799 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration