Intangible Assets, Net

12 Months Ended

Sep. 25, 2015

Intangible Assets, Net

Intangible Assets, Net

9. Intangible Assets, Net

        Intangible assets consisted of the following:

	Fiscal Year End
	2015							2014
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(in millions)
Intellectual property	$	1,150	$	(524	)	$	626	$	986	$	(453	)	$	533
Customer relationships		1,053		(148	)		905		614		(83	)		531
Other		37		(13	)		24		35		(12	)		23
Total	$	2,240	$	(685	)	$	1,555	$	1,635	$	(548	)	$	1,087

        During fiscal 2015, the gross carrying amount of intangible assets increased by $547 million as a result of the Measurement Specialties acquisition. Intangible asset amortization expense was $153 million, $84 million, and $80 million for fiscal 2015, 2014, and 2013, respectively.

        The aggregate amortization expense on intangible assets is expected to be as follows:

	(in millions)
Fiscal 2016	$	141
Fiscal 2017		137
Fiscal 2018		137
Fiscal 2019		135
Fiscal 2020		131
Thereafter		874
Total	$	1,555