Annual report pursuant to Section 13 and 15(d)

Other Assets

v2.4.0.6
Other Assets
12 Months Ended
Jan. 28, 2012
Other Assets [Abstract]  
Other Assets

6) Other Assets

 

 

 

 

($ in millions)

2011

 

2010

 

Real estate investment trusts (REITs)

$            336

$           254

Capitalized software, net

              297

             233

Intangible assets (Note 4)

              268

                 -

Leveraged lease investments

              128

             136

Cost investment (Note 9)

                36

                 -

Debt issuance costs, net

                22

               25

Other

                80

               56

 

 

 

Total

$         1,167

$           704

 

 

 

The market value of our investment in public REITs are accounted for as available for sale securities and are carried at fair value on an ongoing basis. The change from year to year relates primarily to the increase in market value of these investments. See Note 9 for the related fair value disclosures and Note 13 for the net unrealized gains on real estate investments.  As of the end of 2011 and 2010, our REITs consisted of the following:

 

REIT

 

Shares

 

Simon Properties Group, Inc. (SPG)

2,205,006

CBL & Associates Properties, Inc. (CBL)

1,895,358

Ramco-Gershenson Properties Trust (RPT)

89,063

.