v3.26.1
Intangible Assets and Goodwill
6 Months Ended
Jul. 26, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
The components of our intangible assets are as follows:
Jul 26, 2026Jan 25, 2026
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
(In millions)
Acquisition-related intangible assets$5,737 $(2,974)$2,763 $5,656 $(2,580)$3,076 
Patents and licensed technology557 (322)235 528 (298)230 
Total intangible assets$6,294 $(3,296)$2,998 $6,184 $(2,878)$3,306 
Amortization expense associated with intangible assets was $237 million and $84 million for the second quarter, and $470 million and $243 million for the first half, of fiscal years 2027 and 2026, respectively.
The following table outlines the estimated future amortization expense related to the net carrying amount of intangible assets as of July 26, 2026:
Future Amortization Expense
(In millions)
Fiscal Year:
2027 (the second half of fiscal year 2027)
$482 
2028795 
2029642 
2030528 
2031468 
2032 and thereafter83 
Total$2,998 
In the first half of fiscal year 2027, goodwill increased by $293 million, which was allocated to our Compute & Networking reporting unit.