Foot Locker (FL)

Goodwill and Other Intangible Assets

     The Company accounts for goodwill and other intangibles in accordance with SFAS No. 142, “Goodwill and Other Intangible Assets,” which requires that goodwill and other intangible assets with indefinite lives be reviewed for impairment if impairment indicators arise and, at a minimum, annually. The Company performs its annual impairment review as of the beginning of each fiscal year. The fair value of each reporting unit is determined using a combination of market and discounted cash flow approaches.

Goodwill and Other Intangible
Assets

     The
Company accounts for goodwill and other intangibles in accordance with SFAS No.
142, “Goodwill and Other Intangible Assets,” which requires that goodwill and
other intangible assets with indefinite lives be reviewed for impairment if
impairment indicators arise and, at a minimum, annually. The Company performs
its annual impairment review as of the beginning of each fiscal year. The fair
value of each reporting unit is determined using a combination of market and
discounted cash flow approaches.

Goodwill and Other Intangible
Assets

     The
Company accounts for goodwill and other intangibles in accordance with SFAS No.
142, “Goodwill and Other Intangible Assets,” which requires that goodwill and
other intangible assets with indefinite lives be reviewed for impairment if
impairment indicators arise and, at a minimum, annually. The Company performs
its annual impairment review as of the beginning of each fiscal year. The fair
value of each reporting unit is determined using a combination of market and
discounted cash flow approaches.