Goodwill and Intangible Assets

6 Months Ended

Aug. 27, 2011

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying values of goodwill and indefinite-lived tradenames by segment were as follows in the six months ended August 27, 2011, and August 28, 2010:



	Goodwill						Indefinite-lived Tradenames
	Domestic		International		Total		Domestic		International		Total
Balances at February 26, 2011	$	422	$	2,032	$	2,454	$	21	$	84	$	105
Changes in foreign currency exchange rates	—		32		32		—		1		1
Other⁽¹⁾	—		—		—		—		28		28
Balances at August 27, 2011	$	422	$	2,064	$	2,486	$	21	$	113	$	134


⁽¹⁾	Represents the transfer of certain definite-lived tradenames (at their net book value) to indefinite-lived tradenames following our decision to no longer phase out certain tradenames. We believe these tradenames will continue to contribute to our future cash flows indefinitely.



	Goodwill									Indefinite-lived Tradenames
	Domestic			International			Total			Domestic			International		Total
Balances at February 27, 2010	$	434		$	2,018		$	2,452		$	32		$	80	$	112
Sale of business⁽¹⁾	(12		)	—			(12		)	(1		)	—		(1		)
Changes in foreign currency exchange rates	—			(75		)	(75		)	—			—		—
Balances at August 28, 2010	$	422		$	1,943		$	2,365		$	31		$	80	$	111


⁽¹⁾	As a result of the sale of our Speakeasy business in the second quarter of fiscal 2011, we wrote off the carrying value of the related goodwill and indefinite-lived tradenames as of the date of sale.

The following table provides the gross carrying amount of goodwill and cumulative goodwill impairment losses:



	August 27, 2011					February 26, 2011					August 28, 2010
	Gross Carrying Amount		Cumulative Impairment			Gross Carrying Amount		Cumulative Impairment			Gross Carrying Amount		Cumulative Impairment
Goodwill	$	2,551	$	(65	)	$	2,519	$	(65	)	$	2,430	$	(65	)

The following table provides the gross carrying values and related accumulated amortization of definite-lived intangible assets:



	August 27, 2011					February 26, 2011					August 28, 2010
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Tradenames	$	—	$	—		$	73	$	(45	)	$	71	$	(35	)
Customer relationships	393		(214		)	383		(180		)	372		(145		)
Total	$	393	$	(214	)	$	456	$	(225	)	$	443	$	(180	)

Total amortization expense for the three months ended August 27, 2011, and August 28, 2010, was $15 and $21, respectively, and was $30 and $43 for the six months then ended, respectively. The estimated future amortization expense for identifiable intangible assets is as follows:



Fiscal Year
Remainder of fiscal 2012	$	18
2013	36
2014	36
2015	36
2016	36
Thereafter	17

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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