look up any word, like rimming:
 
1.
Phrase used in reference to someone or something that is having multiple successes in succession. kicking ass - Kicking someone or something's ass, beating, defeating an opponent at a task. taking names - Recording a list of future contestants who will have also be beaten or defeated in the defined task.
Aunt Betty-Joe was kicking ass and taking names at bingo last night.
by Jesse Bilsten April 14, 2006
 
2.
The act of being unequivocally awesome. It generally involves showing people what's up, making people feel like morons for being wrong, and defeating terrorists. It is indeed an action worthy of the highest honor.

It refers to an older sayings "Kick ass first, take names later," or "Shoot first, ask questions later." Generally, it is frowned upon enacting such awesomeness without "asking questions" first. However, when used in this context, that much is forgiven.
Those Navy SEALS sure are good at kicking ass and taking names.
by UnequivocallyAwesome January 27, 2010