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Goodwill and Intangible Assets
 9 Months Ended
Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
Goodwill
The carrying amount of the Company’s goodwill included in its Balance Sheets is as follows:
October 31, 2021January 31, 2021
Gross Goodwill$1,515.4 $1,452.7 
Accumulated Impairment— — 
Net Goodwill$1,515.4 $1,452.7 
The changes in the carrying amount of goodwill are as follows:
Nine Months Ended
October 31, 2021
Beginning Balance$1,452.7 
Goodwill acquired during the year62.9 
Goodwill adjusted during the year(0.2)
Ending balance$1,515.4 
Adjustments to goodwill during the nine months ended October 31, 2021 were related to acquisitions completed during the nine months ended October 31, 2021 and measurement period adjustments related to the R&B Acquisition, as further described in Note 4.
Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill, but does assess the recoverability of goodwill on an annual basis during the fourth quarter. If an event occurs or circumstances change that would “more likely than not” reduce the fair value of a reporting unit below its carrying value, an interim impairment test would be performed between annual tests.
Intangible Assets
The Company’s intangible assets included in its Balance Sheets consist of the following:
October 31, 2021January 31, 2021
Gross IntangibleAccumulated AmortizationNet IntangibleGross IntangibleAccumulated AmortizationNet Intangible
Customer relationships$1,344.1 $446.7 $897.4 $1,276.8 $358.8 $918.0 
Other intangible assets3.8 1.9 1.9 2.6 1.4 1.2 
Total$1,347.9 $448.6 $899.3 $1,279.4 $360.2 $919.2 
Amortization expense related to intangible assets was as follows:
Three Months EndedNine Months Ended
October 31, 2021November 1, 2020October 31, 2021November 1, 2020
Amortization expense$30.6 $29.6 $88.4 $87.8 
The estimated aggregate amortization expense on intangible assets owned by the Company for the remainder of fiscal 2021 and the next four full fiscal years is expected to be as follows:
Fiscal 2021
$30.9 
Fiscal 2022
116.7 
Fiscal 2023
107.4 
Fiscal 2024
99.2 
Fiscal 2025
92.9