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Intangible Assets, Net
9 Months Ended
Jun. 29, 2018
Intangible Assets, Net  
Intangible Assets, Net

5. Intangible Assets, Net

        Intangible assets consisted of the following:

                                                                                                                                                                                    

 

 

June 29, 2018

 

September 29, 2017

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

 

 

(in millions)

 

Customer relationships

 

$

1,424

 

$

(367

)

$

1,057

 

$

1,433

 

$

(300

)

$

1,133

 

Intellectual property

 

 

1,259

 

 

(637

)

 

622

 

 

1,263

 

 

(575

)

 

688

 

Other

 

 

35

 

 

(16

)

 

19

 

 

36

 

 

(16

)

 

20

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

2,718

 

$

(1,020

)

$

1,698

 

$

2,732

 

$

(891

)

$

1,841

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        Intangible asset amortization expense was $45 million and $43 million for the quarters ended June 29, 2018 and June 30, 2017, respectively, and $135 million and $126 million for the nine months ended June 29, 2018 and June 30, 2017, respectively.

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

                                                                                                                                                                                    

 

 

(in millions)

 

Remainder of fiscal 2018

 

$

46

 

Fiscal 2019

 

 

181

 

Fiscal 2020

 

 

173

 

Fiscal 2021

 

 

170

 

Fiscal 2022

 

 

169

 

Fiscal 2023

 

 

169

 

Thereafter

 

 

790

 

​  

​  

Total

 

$

1,698

 

​  

​  

​  

​