v3.25.2
Goodwill and Intangible Assets (Notes)
6 Months Ended
Aug. 01, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Note 4—Goodwill and Intangible Assets:
Goodwill
The following table presents the carrying value of goodwill by reportable segment:
August 1,
2025
January 31,
2025
(in millions)
Defense and Intelligence
$2,001 $2,001 
Civilian
850 850 
Total
$2,851 $2,851 
Goodwill is not amortized, but rather tested for potential impairment annually or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. The goodwill impairment test is performed at the reporting unit level. There were no impairments of goodwill during the periods presented.
Intangible Assets
Intangible assets, all of which were finite-lived, consisted of the following:
August 1, 2025January 31, 2025
Gross carrying valueAccumulated amortizationNet carrying valueGross carrying valueAccumulated amortizationNet carrying value
(in millions)
Customer relationships$1,461 $(745)$716 $1,462 $(688)$774 
Developed technology10 (5)5 10 (5)
Trade name   (1)— 
Total intangible assets$1,471 $(750)$721 $1,473 $(694)$779 
Amortization expense related to intangible assets was $29 million and $58 million for the three and six months ended August 1, 2025 and August 2, 2024, respectively. There were no intangible asset impairment losses during the periods presented.
As of August 1, 2025, the estimated future annual amortization expense related to intangible assets is as follows:
Fiscal Year(in millions)
Remainder of 2026
$57 
2027115 
202898 
202997 
203095 
Thereafter259 
Total$721 
Actual amortization expense in future periods could differ from these estimates as a result of future acquisitions, divestitures, impairments, and other factors.