XML 26 R12.htm IDEA: XBRL DOCUMENT
v3.6.0.2

PROPERTY AND EQUIPMENT | 12 Months Ended
--- | ---
Dec. 31, 2016
PROPERTY AND EQUIPMENT | NOTE 4. PROPERTY AND EQUIPMENT Property and equipment consists of:
(In millions) |  | December 31, 2016 |  |  | December 26, 2015 |
Land |  | $ | 46 |  |  | $ | 50 |
Buildings |  |  | 279 |  |  |  | 284 |
Leasehold improvements |  |  | 685 |  |  |  | 695 |
Furniture, fixtures and equipment |  |  | 1,155 |  |  |  | 1,099 |
|  |  | 2,165 |  |  |  | 2,128 |
Less accumulated depreciation |  |  | (1,564 | ) |  |  | (1,463 | )
Total |  | $ | 601 |  |  | $ | 665 |
The above table of property and equipment includes assets held under capital leases as follows:
(In millions) |  | December 31, 2016 |  |  | December 26, 2015 |
Buildings |  | $ | 191 |  |  | $ | 192 |
Furniture, fixtures and equipment |  |  | 85 |  |  |  | 80 |
|  |  | 276 |  |  |  | 272 |
Less accumulated depreciation |  |  | (165 | ) |  |  | (141 | )
Total |  | $ | 111 |  |  | $ | 131 |
Depreciation expense was $124 million in 2016, $172 million in 2015, $183 million in 2014. Included in furniture, fixtures and equipment above are capitalized software costs of $476 million and $443 million at December 31, 2016 and December 26, 2015, respectively. The unamortized amounts of the capitalized software costs are $89 million and $96 million at December 31, 2016 and December 26, 2015, respectively. Amortization of capitalized software costs totaled $47 million, $67 million and $76 million in 2016, 2015 and 2014, respectively. Software development costs that do not meet the criteria for capitalization are expensed as incurred. Estimated future amortization expense related to capitalized software at December 31, 2016 is as follows:
(In millions) |
2017 |  | $ | 35 |
2018 |  |  | 25 |
2019 |  |  | 15 |
2020 |  |  | 9 |
2021 |  |  | 5 |
The weighted average remaining amortization period for capitalized software is 2.8 years. Other assets held for sale Certain facilities that are part of continuing operations, but have been identified for closure through integration and other activities, have been accounted for as assets held for sale. Assets held for sale primarily consist of supply chain facilities and are presented in Prepaid expenses and other current assets in the Consolidated Balance Sheets. The assets held for sale activity in 2016 is presented in the table below.
(In millions) |  |  |
Balance as of December 26, 2015 |  | $ | 30 |
Additions |  |  | 6 |
Dispositions |  |  | (13 | )
Balance as of December 31, 2016 |  | $ | 23 |
Gain on dispositions associated with the Merger or restructuring activities will be recognized at the Corporate level and included when realized in Merger, restructuring and other operating (income) expenses, net in the Consolidated Statements of Operations. Losses, if any, are recognized when classified as held for sale. Gains or losses associated with dispositions of properties not associated with Merger or restructuring activities will be presented as a component of operations when the related accounting criteria are met. Refer to Note 2 for further information on Merger, restructuring and other operating (income) expenses, net, including gains realized related to disposition of held for sale assets.

X
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2921-110230 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration