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Goodwill and Intangible Assets
 9 Months Ended
Nov. 02, 2025
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:
November 2, 2025February 2, 2025
Gross Goodwill$1,918 $1,898 
Accumulated Impairment— — 
Net Goodwill$1,918 $1,898 
The changes in the carrying amount of goodwill are as follows:
Nine Months Ended
November 2, 2025
Beginning Balance$1,898 
Goodwill acquired
20 
Ending Balance
$1,918 
Goodwill acquired during the nine months ended November 2, 2025 was primarily related to the Fiscal 2025 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:
November 2, 2025February 2, 2025
Gross IntangibleAccumulated AmortizationNet IntangibleGross IntangibleAccumulated AmortizationNet Intangible
Customer relationships$1,788 $978 $810 $1,775 $868 $907 
Internal use software32 — 32 23 — 23 
Other intangible assets12 7 5 10 5 5 
Total$1,832 $985 $847 $1,808 $873 $935 
Amortization expense related to intangible assets was as follows:
Three Months EndedNine Months Ended
November 2, 2025October 27, 2024November 2, 2025October 27, 2024
Amortization expense$38 $39 $112 $112 
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
$37 
Fiscal 2026
140 
Fiscal 2027
131 
Fiscal 2028
122 
Fiscal 2029
108