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Goodwill
12 Months Ended
Jan. 31, 2016
Notes to financial statements [Abstract]  
Goodwill
Goodwill
 
The carrying amount of goodwill is as follows:
 
January 31,
2016
 
January 25,
2015
 
(In millions)
Icera
$
271

 
$
271

PortalPlayer
105

 
105

3dfx
50

 
50

Mental Images
59

 
59

MediaQ
35

 
35

ULi
31

 
31

Hybrid Graphics
28

 
28

Ageia
19

 
19

Portland Group Inc.
2

 
2

Other
18

 
18

Total goodwill
$
618

 
$
618


 
The amount of goodwill allocated to our GPU and Tegra Processor segments was $210 million and $408 million, respectively, as of both January 31, 2016 and January 25, 2015. Please refer to Note 16 of these Notes to the Consolidated Financial Statements for further discussion regarding segments.

We utilized a two-step quantitative analysis to complete our annual impairment test during the fourth quarter of fiscal year 2016 and concluded that there was no impairment, as the fair value of our reporting units exceeded their carrying values. The first step tests for possible impairment by applying a fair value-based test by weighing the results from the income approach and the market approach. The second step, if necessary, measures the amount of such impairment by applying fair value-based tests to individual assets and liabilities.

These income and market valuation approaches consider a number of factors that include, but are not limited to, prospective financial information, growth rates, residual values, discount rates and comparable multiples from publicly traded companies in our industry and require us to make certain assumptions and estimates regarding industry economic factors and the future profitability of our business. When performing an income approach valuation, we incorporate the use of projected financial information and a discount rate that are developed using market participant based assumptions to our discounted cash flow model. Our estimates of discounted cash flow were based upon, among other things, certain assumptions about our expected future operating performance, such as revenue growth rates, operating margins, risk-adjusted discount rates, and future economic and market conditions. The market method of determining the fair value of our reporting units requires us to use judgment in the selection of appropriate market comparables.