GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jan. 29, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying value of Goodwill by reportable segment that have goodwill consisted of the following:


(in millions)	Wholesale			Other			Total
Goodwill as of July 31, 2021	$	10	(1)	$	10	(2)	$	20



Change in foreign exchange rates	—			—			—
Goodwill as of January 29, 2022	$	10	(1)	$	10	(2)	$	20

(1)Wholesale amounts are net of accumulated goodwill impairment charges of $717 million as of July 31, 2021 and January 29, 2022.

(2)Other amounts are net of accumulated goodwill impairment charges of $10 million as of July 31, 2021 and January 29, 2022.

Identifiable Intangible Assets

Identifiable intangible assets, net consisted of the following:


	January 29, 2022						July 31, 2021
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortizing intangible assets:
Customer relationships	$	1,007	$	264	$	743	$	1,007	$	234	$	773
Pharmacy prescription files	33		15		18		33		13		20
Operating lease intangibles	7		5		2		7		4		3
Trademarks and tradenames	84		48		36		84		45		39
Total amortizing intangible assets	1,131		332		799		1,131		296		835
Indefinite lived intangible assets:
Trademarks and tradenames	56		—		56		56		—		56
Intangibles assets, net	$	1,187	$	332	$	855	$	1,187	$	296	$	891

Estimated Future Amortization Expense

The estimated future amortization expense for each of the next five fiscal years and thereafter on definite lived intangible assets existing as of January 29, 2022 is as follows:


Fiscal Year:	(in millions)
Remaining fiscal 2022	$	36
2023	72
2024	72
2025	70
2026	66
Thereafter	483
	$	799