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Intangible Assets Acquired Through Business Combinations and Goodwill
9 Months Ended
Oct. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Acquired Through Business Combinations and Goodwill Intangible Assets Acquired Through Business Combinations and Goodwill
Intangible Assets Acquired Through Business Combinations
Intangible assets acquired through business combinations were as follows (in millions):
Intangible Assets, GrossAccumulated AmortizationIntangible Assets, NetWeighted
Average
Remaining Useful Life (Years)
January 31, 2023Additions and retirements, net October 31, 2023January 31, 2023Expense and retirements, netOctober 31, 2023January 31, 2023October 31, 2023October 31, 2023
Acquired developed technology$4,844 $23 $4,867 $(2,471)$(743)$(3,214)$2,373 $1,653 2.4
Customer relationships6,691 6,691 (2,162)(630)(2,792)4,529 3,899 5.0
Other (1)303 303 (80)(38)(118)223 185 3.7
Total$11,838 $23 $11,861 $(4,713)$(1,411)$(6,124)$7,125 $5,737 4.2
(1) Included in other are in-place leases, trade names, trademarks and territory rights.
Amortization of intangible assets resulting from business combinations for the three months ended October 31, 2023 and 2022 was $468 million and $474 million, respectively, and for the nine months ended October 31, 2023 and 2022 was $1.4 billion and $1.5 billion, respectively.
The expected future amortization expense for intangible assets as of October 31, 2023 was as follows (in millions):
Fiscal Period:
Remaining three months of fiscal 2024$459 
Fiscal 20251,605 
Fiscal 20261,363 
Fiscal 2027995 
Fiscal 2028618 
Thereafter697 
Total amortization expense$5,737 
Goodwill
Goodwill represents the excess of the purchase price in a business combination over the fair value of net assets acquired.
The changes in the carrying amounts of goodwill, which is generally not deductible for tax purposes, were as follows (in millions):
Balance as of January 31, 2023$48,568 
Acquisitions and adjustments (1)46 
Balance as of October 31, 2023$48,614 
(1) Acquisitions and adjustments include the effect of foreign currency translation.