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ACQUISITIONS (Tables)
 9 Months Ended
Nov. 02, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisition The following table summarizes total purchase consideration:
in millions
Cash consideration for outstanding shares
$4,257 
Repayment of GMS outstanding debt (1)
824 
Total purchase consideration
$5,081 
—————
(1)    Represents the repayment of certain GMS long-term debt which was required to be repaid upon a change in control. As further discussed below, an additional $354 million of GMS long-term debt was also repaid upon completion of the merger and has been reflected as an assumed liability upon consummation of the transaction.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes our preliminary purchase price allocation, including resulting goodwill:
in millions
Preliminary Fair Value
Cash and cash equivalents
$136 
Receivables
889 
Merchandise inventories
568 
Property and equipment
715 
Goodwill
2,611 
Intangible assets
1,800 
Other current and non-current assets
388 
Total assets acquired
$7,107 
Accounts payable
$381 
Other current liabilities
390 
Senior notes (1)
354 
Deferred income taxes (2)
403 
Other long-term liabilities
498 
Total liabilities assumed
$2,026 
  Net assets acquired
$5,081 
—————
(1)    Represents GMS senior notes that were redeemed by the Company upon completion of the merger. As the repayment was made at the discretion of the Company, the senior notes are reflected as an assumed liability upon consummation of the transaction with the corresponding long-term debt repayment presented within financing activities on our consolidated statement of cash flows.
(2)    Primarily resulting from the difference in book and tax basis related to identifiable intangible assets.
Schedule of Acquired Finite-Lived Intangible Assets by Major Class The preliminary fair value and estimated useful lives of identifiable intangible assets are as follows:
in millions
Weighted Average Useful Life (Years)
Preliminary Fair Value
Customer relationships
19$1,540 
Trade names
7260 
Total identifiable intangible assets
$1,800