| Goodwill and Intangible Assets Goodwill
The changes in the carrying amount of goodwill by reportable segment for 2025, 2024, and 2023 were as follows:
| | | | | | | | | | | | | | | | | | | (In millions) | Retail Home Improvement | | Other | | Consolidated | | Goodwill, balance at February 2, 2024 | $ | 311 | | | $ | — | | | $ | 311 | | | Acquisitions | — | | | — | | | — | | | | | | | | | | | | | | Goodwill, balance at January 31, 2025 | $ | 311 | | | $ | — | | | $ | 311 | | | Acquisitions | — | | | 3,634 | | | 3,634 | | | | | | | | | | | | | | Goodwill, balance at January 30, 2026 | $ | 311 | | | $ | 3,634 | | | $ | 3,945 | |
As of January 30, 2026, and January 31, 2025, the Company does not have any goodwill impairment. Intangible Assets
The gross carrying amount and accumulated amortization of intangible assets, consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | January 30, 2026 | | January 31, 2025 | | (In millions) | Gross
Carrying Amount | Accumulated
Amortization | Net Carrying Amount | | Gross
Carrying Amount | Accumulated
Amortization | Net Carrying Amount | | Definite-lived intangible assets: | | | | | | | | | Customer-related | $ | 4,722 | | $ | (174) | | $ | 4,548 | | | $ | 238 | | $ | (96) | | $ | 142 | | | Trademarks and trade names | 1,100 | | (40) | | 1,060 | | | 20 | | (19) | | 1 | | | Other | 208 | | (42) | | 166 | | | 1 | | (1) | | — | | | Total definite-lived intangible assets | $ | 6,030 | | $ | (256) | | $ | 5,774 | | | $ | 259 | | $ | (116) | | $ | 143 | | | | | | | | | | | Indefinite-lived intangible assets: | | | | | | | | | Trademark | $ | 134 | | $ | — | | $ | 134 | | | $ | 134 | | $ | — | | $ | 134 | | | Total intangible assets | $ | 6,164 | | $ | (256) | | $ | 5,908 | | | $ | 393 | | $ | (116) | | $ | 277 | |
Amortization expense for intangible assets is as follows: | | | | | | | | | | | | | Years Ended | | (In millions) | January 30, 2026 | January 31, 2025 | February 2, 2024 | | Amortization expense | $ | 140 | | $ | 13 | | $ | 13 | |
Amortization expense expected to be recognized in future periods for intangible assets is as follows:
| | | | | | | (In millions) | Amortization Expense | | Fiscal 2026 | $ | 397 | | | Fiscal 2027 | 329 | | | Fiscal 2028 | 329 | | | Fiscal 2029 | 329 | | | Fiscal 2030 | 323 | | | Thereafter | 4,067 | | | Total | $ | 5,774 | |
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