Goodwill and Intangible Assets (Tables)

9 Months Ended

Nov. 01, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Goodwill balances by segment were as follows ($ in millions):

	November 1, 2025				February 1, 2025				November 2, 2024
	Gross Carrying Amount		Cumulative Impairment		Gross Carrying Amount		Cumulative Impairment		Gross Carrying Amount		Cumulative Impairment
Domestic	$	1,450	$	(660)	$	1,450	$	(542)	$	1,450	$	(67)
International	608		(608)		608		(608)		608		(608)
Total	$	2,058	$	(1,268)	$	2,058	$	(1,150)	$	2,058	$	(675)

Schedule of Definite-Lived Intangible Assets

We have definite-lived intangible assets recorded within Other assets on our Condensed Consolidated Balance Sheets as follows ($ in millions):

	November 1, 2025				February 1, 2025				November 2, 2024				Weighted-Average Useful Life Remaining as of November 1, 2025 (in years)
	Gross Carrying Amount(1)		Accumulated Amortization(1)		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships(2)	$	339	$	339	$	360	$	285	$	360	$	283	-
Tradenames	87		80		92		79		92		77		0.9
Developed technology	56		56		64		61		64		60		-
Total	$	482	$	475	$	516	$	425	$	516	$	420	0.9

(1)Gross carrying amount and accumulated amortization as of November 1, 2025, excludes $34 million and $16 million, respectively, of definite-lived intangible assets related to the exit of a component of our Best Buy Health business in the second quarter of fiscal 2026. See Note 2, Restructuring, for additional information.

(2)Accumulated amortization as of November 1, 2025, includes $53 million of impairments related to Best Buy Health included in Goodwill and intangible asset impairments on our Condensed Consolidated Statements of Earnings.

Schedule of Amortization Expense

Amortization expense, included in Selling, general and administrative expenses ("SG&A") on our Condensed Consolidated Statements of Earnings, was as follows ($ in millions):

	Three Months Ended				Nine Months Ended
	November 1, 2025		November 2, 2024		November 1, 2025		November 2, 2024
Amortization expense	$	3	$	5	$	12	$	16

Schedule of Amortization Expense Expected to be Recognized

Amortization expense expected to be recognized in future periods is as follows ($ in millions):

	Amortization Expense
Remainder of fiscal 2026	$	2
Fiscal 2027	5