Amortizable Intangible Assets and Goodwill

6 Months Ended

Jul. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Amortizable Intangible Assets and Goodwill

Amortizable Intangible Assets and Goodwill

The components of our amortizable intangible assets are as follows:

	Jul 28, 2024						Jan 28, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(In millions)
Acquisition-related intangible assets	$	2,752	$	(1,976)	$	776	$	2,642	$	(1,720)	$	922
Patents and licensed technology	442		(266)		176		449		(259)		190
Total intangible assets	$	3,194	$	(2,242)	$	952	$	3,091	$	(1,979)	$	1,112

For the second quarter and first half of fiscal year 2025, amortization expense associated with intangible assets was $146 million and $289 million, respectively. For the second quarter and first half of fiscal year 2024, amortization expense was $146 million and $327 million, respectively.

The following table outlines the estimated amortization expense related to the net carrying amount of intangible assets as of July 28, 2024:

	Future Amortization Expense
	(In millions)
Fiscal Year:
2025 (excluding first half of fiscal year 2025)	$	295
2026	304
2027	192
2028	51
2029	9
2030 and thereafter	101
Total	$	952

In the first half of fiscal year 2025, goodwill increased by $192 million from business combinations assigned to our Compute & Networking reporting unit.