JCPenney 2015 Annual Report Download - page 72
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Table of Contents
Capitalized software, net $ 232
$ 230
Indefinite-lived intangible assets, net (1) 268
268
Realty investments (Note 18) 31
26
Revolving credit facility unamortized costs, net 42
49
Other 35
37
Total $ 608
$ 610
Our indefinite-lived intangible assets consists of our worldwide rights for the Liz Claiborne® family of trademarks and related intellectual property and our
ownership of the U.S. and Puerto Rico rights of the monet® trademarks and related intellectual property. In connection with our annual indefinite-lived
intangible assets impairment tests performed during the fourth quarter of 2015, we did not record an impairment for our indefinite-lived intangible assets as
the estimated fair values exceeded the carrying values of the underlying assets.
Accrued salaries, vacation and bonus
$ 326
$ 212
Customer gift cards
222
217
Taxes other than income taxes
110
75
Occupancy and rent-related
40
54
Interest
88
88
Advertising
76
91
Current portion of workers’ compensation and general liability self-insurance
55
56
Restructuring and management transition (Note 17)
46
19
Current portion of retirement plan liabilities (Note 16)
46
17
Capital expenditures
13
12
Unrecognized tax benefits (Note 19)
3
5
Other
335
257
Total
$ 1,360
$ 1,103
Supplemental pension and other postretirement benefit plan liabilities (Note 16)
$ 138
$ 185
Long-term portion of workers’ compensation and general liability insurance
153
160
Deferred developer/tenant allowances
113
107
Deferred rent liability
91
85
Primary pension plan (Note 16)
40
—
Interest rate swaps (Notes 9 and 10)
28
—
Unrecognized tax benefits (Note 19)
4
8
Restructuring and management transition (Note 17)
5
7
Other
46
59
Total
$ 618
$ 611
72