v3.23.1
Amortizable Intangible Assets and Goodwill
3 Months Ended
Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets and Goodwill Amortizable Intangible Assets and Goodwill
The components of our amortizable intangible assets are as follows:
 April 30, 2023January 29, 2023
 Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
 (In millions)
Acquisition-related intangible assets$3,112 $(1,780)$1,332 $3,093 $(1,614)$1,479 
Patents and licensed technology460 (251)209 446 (249)197 
Total intangible assets$3,572 $(2,031)$1,541 $3,539 $(1,863)$1,676 

Amortization expense associated with intangible assets was $181 million and $155 million for the first quarter of fiscal years 2024 and 2023, respectively.
The following table outlines the estimated future amortization expense related to the net carrying amount of intangible assets as of April 30, 2023:
Future Amortization Expense
 (In millions)
Fiscal Year: 
2024 (excluding first quarter)
$433 
2025554 
2026259 
2027149 
202837 
2029 and thereafter109 
Total$1,541 
In the first quarter of fiscal year 2024, goodwill increased by $58 million from an acquisition, and was assigned to our Compute & Networking segment.