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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
May 04, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets GOODWILL AND INTANGIBLE ASSETS
Goodwill
The following table presents the changes in the carrying amount of our goodwill:
in millions
Primary Segment
Other (3)
Consolidated
Goodwill, balance at February 2, 2025
$8,450 $11,025 $19,475 
Acquisitions (1)
62 21 83 
Other (2)
12 (2)10 
Goodwill, balance at May 4, 2025
$8,524 $11,044 $19,568 
—————
(1)    Activity includes the preliminary determination of goodwill related to immaterial acquisitions completed during the three months ended May 4, 2025.
(2)     Primarily reflects the net impact of foreign currency translation as well as immaterial measurement period adjustments related to acquisitions completed in the prior fiscal year.
(3)     Amounts presented in the Other column represent goodwill activity within our SRS operating segments. See Note 2 for details regarding our segment considerations.
Intangible Assets
The following table presents information regarding our intangible assets:
May 4, 2025February 2, 2025
in millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-Lived Intangible Assets:
Customer relationships$8,883 $(1,152)$7,731 $8,845 $(1,035)$7,810 
Trade names616 (108)508 610 (86)524 
Other11 (11)— 11 (11)— 
Indefinite-Lived Intangible Assets:
Trade names649 649 649 649 
Total Intangible Assets
$10,159 $(1,271)$8,888 $10,115 $(1,132)$8,983 
Our intangible asset amortization expense was $139 million and $52 million during the first quarter of fiscal 2025 and fiscal 2024, respectively.
The following table presents the estimated future amortization expense related to definite-lived intangible assets as of May 4, 2025:
in millions
Amortization Expense
Fiscal 2025 - remaining
$417 
Fiscal 2026
557 
Fiscal 2027
548 
Fiscal 2028
531 
Fiscal 2029
489 
Thereafter5,697 
Total
$8,239