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Goodwill and Intangible Assets
 3 Months Ended
May 04, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
Goodwill
The changes in the carrying amount of goodwill are as follows:
Three Months Ended
May 4, 2025
Beginning Balance$1,898 
Goodwill adjusted during the three months ended May 4, 2025
1 
Ending balance$1,899 
Goodwill adjusted during the three months ended May 4, 2025 was related to the Fiscal 2024 acquisitions, as further discussed 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:
May 4, 2025February 2, 2025
Gross IntangibleAccumulated AmortizationNet IntangibleGross IntangibleAccumulated AmortizationNet Intangible
Customer relationships$1,775 $904 $871 $1,775 $868 $907 
Internal use software26 — 26 23 — 23 
Other intangible assets10 6 4 10 5 5 
Total$1,811 $910 $901 $1,808 $873 $935 
Amortization expense related to intangible assets was as follows:
Three Months Ended
May 4, 2025April 28, 2024
Amortization expense$37 $35 
The estimated aggregate amortization expense on intangible assets owned by the Company for the remainder of fiscal 2025 and the next four full fiscal years is expected to be as follows:
Fiscal 2025
$111 
Fiscal 2026
138 
Fiscal 2027
129 
Fiscal 2028
120 
Fiscal 2029
106