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Goodwill and Intangible Assets | 12 Months Ended
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Jan. 30, 2021
Goodwill and Intangible Assets [Abstract] |
Goodwill and Intangible Assets | 4. Goodwill and Intangible Assets Goodwill Goodwill balances by reportable segment were as follows ($ in millions):
| January 30, 2021 |  | February 1, 2020
| Gross Carrying Amount |  | Cumulative Impairment |  | Gross Carrying Amount |  | Cumulative Impairment
Domestic | $ | 1,053 |  |  | $ | (67) |  |  | $ | 1,051 |  |  | $ | (67) |
International |  | 608 |  |  |  | (608) |  |  |  | 608 |  |  |  | (608) |
Total | $ | 1,661 |  |  | $ | (675) |  |  | $ | 1,659 |  |  | $ | (675) |
No goodwill impairment charges were recorded in fiscal 2021 or fiscal 2020. Indefinite-Lived Intangible Assets In the first quarter of fiscal 2021, we made the decision to phase out our Pacific Sales tradename in our U.S. Best Buy stores over the coming years. Consequently, we reclassified the tradename from an indefinite-lived intangible asset to a definite-lived intangible asset and have no indefinite-lived intangible assets remaining as of January 30, 2021. The carrying value of the tradename was $18 million as of February 1, 2020, and was recorded within Other assets on our Consolidated Balance Sheets. Definite-Lived Intangible Assets We have definite-lived intangible assets which are recorded within Other assets on our Consolidated Balance Sheets as follows ($ in millions):
| January 30, 2021 |  | February 1, 2020 |  | Weighted-Average
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization |  | Useful Life Remaining as of January 30, 2021 (in years)
Customer relationships | $ | 339 |  |  | $ | 124 |  |  | $ | 339 |  |  | $ | 70 |  |  |  | 6.6 |
Tradename |  | 81 |  |  |  | 24 |  |  |  | 63 |  |  |  | 10 |  |  |  | 4.9 |
Developed technology |  | 56 |  |  |  | 27 |  |  |  | 56 |  |  |  | 15 |  |  |  | 2.6 |
Total | $ | 476 |  |  | $ | 175 |  |  | $ | 458 |  |  | $ | 95 |  |  |  | 5.9 |
Amortization expense was as follows ($ in millions):
| Statement of Earnings Location | 2021 |  | 2020 |  | 2019
Amortization expense | SG&A |  | $ | 80 |  |  | $ | 72 |  |  | $ | 23 |
Amortization expense expected to be recognized in future periods is as follows ($ in millions):
Fiscal Year |  |  |  |  |  |  |  |  |  |  |  |  |  | Amount |
Fiscal 2022 |  |  |  |  |  |  |  |  |  |  |  |  | $ | 80 |
Fiscal 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  | 79 |
Fiscal 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  | 54 |
Fiscal 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  | 16 |
Fiscal 2026 |  |  |  |  |  |  |  |  |  |  |  |  |  | 16 |
Thereafter |  |  |  |  |  |  |  |  |  |  |  |  |  | 56 |

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- References No definition available. + Details
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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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