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Goodwill and Other Intangible Assets, Net
3 Months Ended
Jan. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net
4Goodwill and Other Intangible Assets, Net
Goodwill
The changes in the carrying amount of goodwill by reportable segment for the first three months of fiscal 2025 were as follows:
(Dollars in millions)ProfessionalResidentialOtherTotal
Balance as of October 31, 2024$440.4 $9.9 $— $450.3 
Translation adjustments(0.5)— — (0.5)
Balance as of January 31, 2025$439.9 $9.9 $— $449.8 
Other Intangible Assets, Net
The components of other intangible assets, net as of January 31, 2025, February 2, 2024, and October 31, 2024 were as follows (dollars in millions):
January 31, 2025Weighted-Average Useful Life in YearsGross Carrying AmountAccumulated AmortizationNet
Patents9.9$18.2 $(16.9)$1.3 
Customer-related16.0319.8 (133.2)186.6 
Developed technology7.1102.8 (75.3)27.5 
Trade names13.710.7 (7.0)3.7 
Total finite-lived13.7451.5 (232.4)219.1 
Indefinite-lived - trade names271.5 — 271.5 
Total other intangible assets, net$723.0 $(232.4)$490.6 
February 2, 2024Weighted-Average Useful Life in YearsGross Carrying AmountAccumulated AmortizationNet
Patents9.9$18.2 $(16.2)$2.0 
Customer-related15.8327.6 (112.7)214.9 
Developed technology7.1102.1 (65.6)36.5 
Trade names13.710.7 (4.2)6.5 
Total finite-lived13.6458.6 (198.7)259.9 
Indefinite-lived - trade names271.6 — 271.6 
Total other intangible assets, net$730.2 $(198.7)$531.5 
October 31, 2024Weighted-Average Useful Life in YearsGross Carrying AmountAccumulated AmortizationNet
Patents9.9$18.2 $(16.7)$1.5 
Customer-related16.0319.9 (128.0)191.9 
Developed technology7.1102.9 (72.9)30.0 
Trade names13.710.7 (7.0)3.7 
Total finite-lived13.7451.7 (224.6)227.1 
Indefinite-lived - trade names271.6 — 271.6 
Total other intangible assets, net$723.3 $(224.6)$498.7 
Amortization expense for finite-lived intangibles assets for the three months ended January 31, 2025 and February 2, 2024 was $7.9 million and $8.7 million, respectively. As of January 31, 2025, estimated amortization expense for the remainder of fiscal 2025 and succeeding fiscal years is as follows:
(Dollars in millions)January 31, 2025
2025 (remaining)$22.1 
202628.9 
202723.9 
202821.2 
202920.1 
203019.5 
Thereafter83.4 
Total estimated amortization expense$219.1