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Goodwill and Intangible Assets
 9 Months Ended
Oct. 29, 2023
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 29, 2023January 29, 2023
Gross Goodwill$1,552 $1,535 
Accumulated Impairment— — 
Net Goodwill$1,552 $1,535 
The changes in the carrying amount of goodwill are as follows:
Nine Months Ended
October 29, 2023
Beginning Balance$1,535 
Goodwill acquired during the year17 
Ending balance$1,552 
Goodwill acquired during the nine months ended October 29, 2023 was related to the Fiscal 2023 Acquisitions, 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 29, 2023January 29, 2023
Gross IntangibleAccumulated AmortizationNet IntangibleGross IntangibleAccumulated AmortizationNet Intangible
Customer relationships$1,466 $687 $779 $1,390 $597 $793 
Other intangible assets7 4 3 5 3 2 
Total$1,473 $691 $782 $1,395 $600 $795 
Amortization expense related to intangible assets was as follows:
Three Months EndedNine Months Ended
October 29, 2023October 30, 2022October 29, 2023October 30, 2022
Amortization expense$31 $30 $91 $89 
The estimated aggregate amortization expense on intangible assets owned by the Company for the remainder of fiscal 2023 and the next four full fiscal years is expected to be as follows:
Fiscal 2023
$31 
Fiscal 2024
116 
Fiscal 2025
108 
Fiscal 2026
99 
Fiscal 2027
92