v3.26.1
GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
May 03, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill
The following table presents the changes in the carrying amount of our goodwill:
in millions
Primary
Other (3)
Consolidated
Goodwill, balance at February 1, 2026
$8,564 $13,780 $22,344 
Acquisitions (1)
23 109 132 
Other (2)
2 1 3 
Goodwill, balance at May 3, 2026
$8,589 $13,890 $22,479 
—————
(1)    Activity includes the preliminary determination of goodwill related to immaterial acquisitions completed during the three months ended May 3, 2026.
(2)     Primarily reflects the net impact of foreign currency translation as well as immaterial measurement period adjustments related to acquisitions completed in the prior fiscal year.
(3)     Amounts presented in the Other column represent goodwill activity within our SRS non-reportable operating segments.
Intangible Assets
The following table presents information regarding our intangible assets:
May 3, 2026February 1, 2026
in millions
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Definite-Lived Intangible Assets:
Customer relationships$10,584 $(1,674)$8,910 $10,517 $(1,535)$8,982 
Trade names896 (223)673 889 (191)698 
Other13 (1)12 1 (1)— 
Indefinite-Lived Intangible Assets:
Trade names649 649 649 649 
Total Intangible Assets
$12,142 $(1,898)$10,244 $12,056 $(1,727)$10,329 
Our intangible asset amortization expense was $171 million and $139 million during the first quarter of fiscal 2026 and fiscal 2025, respectively.
The following table presents the estimated future amortization expense related to definite-lived intangible assets as of May 3, 2026:
in millions
Amortization Expense
Fiscal 2026 - remaining
$518 
Fiscal 2027
681 
Fiscal 2028
662 
Fiscal 2029
623 
Fiscal 2030
585 
Thereafter6,526 
Total
$9,595