Foot Locker (FL)

Gift Cards

     The Company sells gift cards to its customers; the cards do not have expiration dates. Revenue from gift card sales is recorded when the gift cards are redeemed or when the likelihood of the gift card being redeemed by the customer is remote and there is no legal obligation to remit the value of unredeemed gift cards to the relevant jurisdictions. The Company has determined its gift card breakage rate based upon historical redemption patterns. Historical experience indicates that after 12 months the likelihood of redemption is deemed to be remote. Gift card breakage income is included in selling, general and administrative expenses and totaled $5 million in 2008, $4 million in 2007, and $7 million in 2006. Unredeemed gift cards are recorded as a current liability.

Gift Cards

     The
Company sells gift cards to its customers; the cards do not have expiration
dates. Revenue from gift card sales is recorded when the gift cards are redeemed
or when the likelihood of the gift card being redeemed by the customer is remote
and there is no legal obligation to remit the value of unredeemed gift cards to
the relevant jurisdictions. The Company has determined its gift card breakage
rate based upon historical redemption patterns. Historical experience indicates
that after 12 months the likelihood of redemption is deemed to be remote. Gift
card breakage income is included in selling, general and administrative expenses
and totaled $5 million in 2008, $4 million in 2007, and $7 million in 2006.
Unredeemed gift cards are recorded as a current liability.

Gift Cards

     The
Company sells gift cards to its customers; the cards do not have expiration
dates. Revenue from gift card sales is recorded when the gift cards are redeemed
or when the likelihood of the gift card being redeemed by the customer is remote
and there is no legal obligation to remit the value of unredeemed gift cards to
the relevant jurisdictions. The Company has determined its gift card breakage
rate based upon historical redemption patterns. Historical experience indicates
that after 12 months the likelihood of redemption is deemed to be remote. Gift
card breakage income is included in selling, general and administrative expenses
and totaled $5 million in 2008, $4 million in 2007, and $7 million in 2006.
Unredeemed gift cards are recorded as a current liability.

Gift Cards

     The Company sells gift cards to its customers; the cards do not have expiration dates. Revenue from gift card sales is recorded when the gift cards are redeemed or when the likelihood of the gift card being redeemed by the customer is remote and there is no legal obligation to remit the value of unredeemed gift cards to the relevant jurisdictions. The Company has determined its gift card breakage rate based upon historical redemption patterns. Historical experience indicates, that after 12 months, the likelihood of redemption is deemed to be remote. Gift card breakage income is included in selling, general and administrative expenses and totaled $4 million in 2007, $7 million in 2006, and $2 million in 2005. Unredeemed gift cards are recorded as a current liability.

Gift Cards

     The
Company sells gift cards to its customers; the cards do not have expiration
dates. Revenue from gift card sales is recorded when the gift cards are redeemed
or when the likelihood of the gift card being redeemed by the customer is remote
and there is no legal obligation to remit the value of unredeemed gift cards to
the relevant jurisdictions. The Company has determined its gift card breakage
rate based upon historical redemption patterns. Historical experience indicates,
that after 12 months, the likelihood of redemption is deemed to be remote. Gift
card breakage income is included in selling, general and administrative expenses
and totaled $4 million in 2007, $7 million in 2006, and $2 million in 2005.
Unredeemed gift cards are recorded as a current liability.

Gift Cards

     The Company sells gift cards to its customers; the cards do not have expiration dates. Revenue from gift card sales is recorded when the gift cards are redeemed or when the likelihood of the gift card being redeemed by the customer is remote and there is no legal obligation to remit the value of unredeemed gift cards to the relevant jurisdictions. The Company has determined its gift card breakage rate based upon historical redemption patterns. Historical experience indicates that after 12 months the likelihood of redemption is deemed to be remote. Gift card breakage income is included in selling, general and administrative expenses and totaled $7 million in 2006 and $2 million, for both 2005 and 2004. Unredeemed gift cards are recorded as a current liability.