IDENTIFIED INTANGIBLE ASSETS

9 Months Ended

Oct. 01, 2022

IDENTIFIED INTANGIBLE ASSETS

IDENTIFIED INTANGIBLE ASSETS

NOTE 7 - IDENTIFIED INTANGIBLE ASSETS

	October 1, 2022						December 25, 2021
	U.S. dollars in millions
			Accumulated						Accumulated
	Gross Assets		Amortization		Net		Gross Assets		Amortization		Net
Developed technology	$	3,973	$	1,756	$	2,217	$	3,991	$	1,419	$	2,572
Customer relationships & brands		786		345		441		831		332		499
Total	$	4,759	$	2,101	$	2,658	$	4,822	$	1,751	$	3,071

The following table presents the amortization expenses recorded for these identified intangible assets and their weighted average useful lives:

		Three Months Ended				Nine Months Ended
									Weighted
	October 1,		September 25,		October 1,		September 25,		Average
	2022		2021		2022		2021		Useful Life
	U.S. Dollars in millions
Developed technology	$	115	$	100	$	355	$	300	10
Customer relationships & brands		16		23		58		68	12
Total amortization expenses	$	131	$	123	$	413	$	368

The Company expects future amortization expenses for the next five years and thereafter to be as follows:

	Remainder of
	2022		2023		2024		2025		2026		Thereafter		Total
	U.S. dollars in millions
Future Amortization Expenses	$	131	$	474	$	445	$	443	$	332	$	833	$	2,658