Goodwill and Intangible Assets

6 Months Ended

Jul. 31, 2026

Intangible Asset, Goodwill and Other [Abstract]

Goodwill

The following table presents the changes in the carrying amount of our goodwill:


(In millions)	Retail Home Improvement		Other1		Consolidated
Goodwill, balance at January 30, 2026	$	311	$	3,634	$	3,945
Other2	—		12		12
Goodwill, balance at July 31, 2026	$	311	$	3,646	$	3,957

1 Goodwill activity within non-reportable operating segments.

2 Includes immaterial acquisitions and measurement period adjustments.

Intangible Assets

The gross carrying amount and accumulated amortization of intangible assets consist of the following:


	July 31, 2026						August 1, 2025						January 30, 2026
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Customer-related	$	4,722	$	(292)	$	4,430	$	788	$	(105)	$	683	$	4,722	$	(174)	$	4,548
Trademarks and trade names	1,100		(76)		1,024		150		(20)		130		1,100		(40)		1,060
Other	207		(86)		121		35		(6)		29		208		(42)		166
Total definite-lived intangible assets	$	6,029	$	(454)	$	5,575	$	973	$	(131)	$	842	$	6,030	$	(256)	$	5,774

Indefinite-lived intangible assets:
Trademark	$	134	$	—	$	134	$	134	$	—	$	134	$	134	$	—	$	134
Total intangible assets	$	6,163	$	(454)	$	5,709	$	1,107	$	(131)	$	976	$	6,164	$	(256)	$	5,908

Our intangible asset amortization expense was $98 million and $12 million for the three months ended July 31, 2026 and August 1, 2025, respectively, and $198 million and $15 million for the six months ended July 31, 2026 and August 1, 2025, respectively.