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Goodwill and Intangible Assets | 12 Months Ended
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Feb. 03, 2024
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):
| February 3, 2024 |  | January 28, 2023
| Gross Carrying Amount |  | Cumulative Impairment |  | Gross Carrying Amount |  | Cumulative Impairment
Domestic | $ | 1,450 |  |  | $ | (67) |  |  | $ | 1,450 |  |  | $ | (67) |
International |  | 608 |  |  |  | (608) |  |  |  | 608 |  |  |  | (608) |
Total | $ | 2,058 |  |  | $ | (675) |  |  | $ | 2,058 |  |  | $ | (675) |
No impairment charges were recorded for the periods presented. 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):
| February 3, 2024 |  | January 28, 2023 |  | Weighted-Average
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization |  | Useful Life Remaining as of February 3, 2024 (in years)
Customer relationships | $ | 360 |  |  | $ | 276 |  |  | $ | 360 |  |  | $ | 236 |  |  |  | 10.1 |
Tradenames |  | 108 |  |  |  | 69 |  |  |  | 108 |  |  |  | 56 |  |  |  | 4.8 |
Developed technology |  | 64 |  |  |  | 59 |  |  |  | 64 |  |  |  | 51 |  |  |  | 3.8 |
Total | $ | 532 |  |  | $ | 404 |  |  | $ | 532 |  |  | $ | 343 |  |  |  | 8.2 |
Amortization expense was as follows ($ in millions):
| Statement of Earnings Location | 2024 |  | 2023 |  | 2022
Amortization expense | SG&A |  | $ | 61 |  |  | $ | 86 |  |  | $ | 82 |
Amortization expense expected to be recognized in future periods is as follows ($ in millions):
Fiscal Year |  |  |  |  |  |  |  |  |  |  |  |  |  | Amount |
Fiscal 2025 |  |  |  |  |  |  |  |  |  |  |  |  | $ | 21 |
Fiscal 2026 |  |  |  |  |  |  |  |  |  |  |  |  |  | 21 |
Fiscal 2027 |  |  |  |  |  |  |  |  |  |  |  |  |  | 18 |
Fiscal 2028 |  |  |  |  |  |  |  |  |  |  |  |  |  | 12 |
Fiscal 2029 |  |  |  |  |  |  |  |  |  |  |  |  |  | 11 |
Thereafter |  |  |  |  |  |  |  |  |  |  |  |  |  | 45 |

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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 -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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