XML 47 R33.htm IDEA: XBRL DOCUMENT v3.3.1.900

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 26, 2015

Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense for the intangible assets is as follows:

(In millions)
2016		$	12
2017			7
2018			5
2019			5
2020			5
Thereafter			20
Total		$	54

Schedule of Goodwill by Segment

The components of goodwill by segment are provided in the following table:

(In millions)		North American Retail Division				North American Business Solutions Division				International Division				Corporate				Total
Goodwill		$	2			$	370			$	909			$	377			$	1,658
Accumulated impairment losses			(2	)			(349	)			(907	)			—				(1,258	)
Foreign currency rate impact			—				—				(2	)			—				(2	)
Balance as of December 28, 2013		$	—			$	21			$	—			$	377			$	398
Purchase accounting adjustments			—				—				—				17				17
Sale of Grupo OfficeMax			—				—				—				(24	)			(24	)
Allocation to reporting units			78				277				15				(370	)			—
Balance as of December 27, 2014		$	78			$	298			$	15			$	—			$	391
Purchase accounting adjustments			—				(13	)			—				—				(13	)
Balance as of December 26, 2015		$	78			$	285			$	15			$	—			$	378

Schedule of Amortizing Intangible Assets Net

Definite-lived intangible assets, which are included in Other intangible assets, net in the Consolidated Balance Sheets, are as follows:

		December 26, 2015
(In millions)		Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Customer relationships		$	78			$	(47	)		$	31
Favorable leases			30				(7	)			23
Trade names			9				(9	)			—
Total		$	117			$	(63	)		$	54

		December 27, 2014
(In millions)		Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Customer relationships		$	77			$	(37	)		$	40
Favorable leases			36				(8	)			28
Trade names			9				(5	)			4
Total		$	122			$	(50	)		$	72

Capitalized Software

Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense related to capitalized software at December 26, 2015 is as follows:

(In millions)
2016		$	52
2017			31
2018			18
2019			9
2020			4

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentByTypeAxis=odp_CapitalizedSoftwareMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: