Changes in the carrying value of goodwill by reportable segment during the nine months ended April 30, 2026 were as shown in the following table. Our reportable segments are described in Note 12, “Segment Information.”


(In millions)	Balance July 31, 2025		Goodwill Acquired		Foreign Currency Translation		Balance April 30, 2026
Global Business Solutions	$	9,825	$	—	$	(3)	$	9,822
Consumer	4,155		—		5		4,160
Totals	$	13,980	$	—	$	2	$	13,982

Goodwill is net of accumulated impairment losses of $114 million, which were recorded prior to July 31, 2025 and are included in our Consumer segment.

The following table shows the cost, accumulated amortization, and weighted-average life in years for our acquired intangible assets at the dates indicated. The weighted-average lives are calculated for assets that are not fully amortized.


(Dollars in millions)	Customer and User Relationships		Purchased Technology		Trade Names and Logos		Total

At April 30, 2026:
Cost	$	6,199	$	1,765	$	680	$	8,644
Accumulated amortization	(2,357)		(1,194)		(286)		(3,837)
Acquired intangible assets, net	$	3,842	$	571	$	394	$	4,807
Weighted-average life in years	14		8		13		13

At July 31, 2025:
Cost	$	6,198	$	1,765	$	680	$	8,643
Accumulated amortization	(2,034)		(1,061)		(246)		(3,341)
Acquired intangible assets, net	$	4,164	$	704	$	434	$	5,302
Weighted-average life in years	14		8		13		13

The following table shows the expected future amortization expense for our acquired intangible assets at April 30, 2026. Amortization of purchased technology is generally charged to amortization of acquired technology in our condensed consolidated statements of operations. Amortization of other acquired intangible assets, such as customer and user relationships, is charged to amortization of other acquired intangible assets in our condensed consolidated statements of operations. If impairment events occur, they could accelerate the timing of acquired intangible asset charges.


(In millions)	Expected Future Amortization Expense
Fiscal year ending July 31,
2026 (excluding the nine months ended April 30, 2026)	$	165
2027	633
2028	613
2029	593
2030	590
Thereafter	2,213
Total expected future amortization expense	$	4,807