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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 26, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net

Intangible Assets, Net

 

 

June 26, 2021

 

 

December 26, 2020

 

(in millions)

 

Gross Assets

 

 

Accumulated
Amortization

 

 

Net

 

 

Gross Assets

 

 

Accumulated
Amortization

 

 

Net

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships and other

 

$

758

 

 

$

(605

)

 

$

153

 

 

$

758

 

 

$

(556

)

 

$

202

 

Acquired and developed technology

 

 

517

 

 

 

(450

)

 

 

67

 

 

 

517

 

 

 

(401

)

 

 

116

 

Total intangible assets subject to
   amortization

 

 

1,275

 

 

 

(1,055

)

 

 

220

 

 

 

1,275

 

 

 

(957

)

 

 

318

 

Intangible assets not subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Brand

 

 

411

 

 

 

 

 

 

411

 

 

 

411

 

 

 

 

 

 

411

 

Total intangible assets not subject to
   amortization

 

 

411

 

 

 

 

 

 

411

 

 

 

411

 

 

 

 

 

 

411

 

Total intangible assets

 

$

1,686

 

 

$

(1,055

)

 

$

631

 

 

$

1,686

 

 

$

(957

)

 

$

729

 

Schedule of Amortization Expense For Purchased and Developed Intangible Assets

Amortization expense for purchased and developed intangible assets is as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

(in millions)

 

June 26, 2021

 

 

June 27, 2020

 

 

June 26, 2021

 

 

June 27, 2020

 

 

Statements of Operations Classification

Customer relationships and other

 

$

13

 

 

$

36

 

 

$

49

 

 

$

72

 

 

Amortization of intangibles

Acquired and developed technology

 

 

22

 

 

 

27

 

 

 

49

 

 

 

54

 

 

Cost of sales

Total

 

$

35

 

 

$

63

 

 

$

98

 

 

$

126

 

 

 

Schedule of Future Amortization Expense

Based on identified intangible assets that are subject to amortization as of June 26, 2021, we expect future amortization expense to be as follows:

(in millions)

 

Total

 

Remainder of 2021

 

$

72

 

2022

 

 

76

 

2023

 

 

28

 

2024

 

 

20

 

2025

 

 

19

 

Thereafter

 

 

5

 

Total

 

$

220