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Intangible Assets, Net
6 Months Ended
Mar. 25, 2016
Intangible Assets, Net  
Intangible Assets, Net

8. Intangible Assets, Net

        Intangible assets consisted of the following:

                                                                                                                                                                                    

 

 

March 25, 2016

 

September 25, 2015

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

 

 

(in millions)

 

Intellectual property

 

$

1,087

 

$

(522

)

$

565

 

$

1,150

 

$

(524

)

$

626

 

Customer relationships

 

 

1,030

 

 

(181

)

 

849

 

 

1,053

 

 

(148

)

 

905

 

Other

 

 

35

 

 

(14

)

 

21

 

 

37

 

 

(13

)

 

24

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

Total

 

$

2,152

 

$

(717

)

$

1,435

 

$

2,240

 

$

(685

)

$

1,555

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

​  

​  

​

​

​

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​

        Intangible asset amortization expense was $34 million and $38 million for the quarters ended March 25, 2016 and March 27, 2015, respectively, and $68 million and $80 million for the six months ended March 25, 2016 and March 27, 2015, respectively.

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

                                                                                                                                                                                    

 

 

(in millions)

 

Remainder of fiscal 2016

 

$

67 

 

Fiscal 2017

 

 

133 

 

Fiscal 2018

 

 

132 

 

Fiscal 2019

 

 

131 

 

Fiscal 2020

 

 

126 

 

Fiscal 2021

 

 

123 

 

Thereafter

 

 

723 

 

​

​

​  

​  

​

Total

 

$

1,435 

 

​

​

​  

​  

​

​

​

​  

​  

​