| | | | | | | | | | | | | | | | | | | | | | | | | | | | | May 3, 2025 | | February 1, 2025 | | May 4, 2024 | | | | | | Gross Carrying
Amount(1) | | Accumulated
Amortization(1) | | Gross Carrying
Amount | | Accumulated
Amortization | | Gross Carrying
Amount | | Accumulated
Amortization | | Weighted-Average Useful Life Remaining
as of May 3, 2025 (in years) | Customer relationships | $ | 339 | | | $ | 282 | | | $ | 360 | | | $ | 285 | | | $ | 360 | | | $ | 278 | | | | 8.2 | | Tradenames | | 87 | | | | 76 | | | | 92 | | | | 79 | | | | 108 | | | | 72 | | | | 1.4 | | Developed technology | | 56 | | | | 56 | | | | 64 | | | | 61 | | | | 64 | | | | 60 | | | | - | | Total | $ | 482 | | | $ | 414 | | | $ | 516 | | | $ | 425 | | | $ | 532 | | | $ | 410 | | | | 7.1 | |
(1)Gross carrying amount and accumulated amortization as of May 3, 2025, excludes $34 million and $16 million, respectively, of definite-lived intangible assets related to the exit of a component of our Best Buy Health business. See Note 2, Restructuring, for additional information.
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