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Goodwill and Intangible Assets
 12 Months Ended
Sep. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
 
The following table reflects the activity of goodwill by reportable operating segment:
(In millions)
 
Oncology
Systems
 
Proton Solutions
 
Other
 
Total
Balance at September 29, 2017
 
$
170.2

 
$
52.4

 
$
—

 
$
222.6

Business combinations
 
72.1

 
—

 
—

 
72.1

Foreign currency translation adjustments
 
(0.2
)
 
(0.9
)
 
—

 
(1.1
)
Balance at September 28, 2018
 
242.1

 
51.5

 
—

 
293.6

Business combinations
 
208.0

 
—

 
164.3

 
372.3

Impairment charges
 
—

 
(50.5
)
 
—

 
(50.5
)
Measurement period adjustment to a business combination in prior year
 
(2.2
)
 
—

 
—

 
(2.2
)
Foreign currency translation adjustments
 
—

 
(1.0
)
 
—

 
(1.0
)
Balance at September 27, 2019
 
$
447.9

 
$
—

 
$
164.3

 
$
612.2


See Note 2, "Business Combinations," for more information on the business combinations and measurement period adjustments to business combinations in prior years.

During the third quarter of fiscal year 2019, the Company recorded a goodwill impairment charge of $50.5 million for the full value of the Proton Solutions reporting unit goodwill. The impairment resulted from a downward revision of the forecasted future cash flows. Factors in the third quarter that contributed to the revised forecast include observed continued weakness in proton therapy markets and lower than expected results as compared to prior forecasts. These events decreased the forecasted cash flows and the fair value of the Proton Solutions reporting unit below its carrying value as of the third quarter of fiscal year 2019.

To determine the fair value of the Proton Solutions reporting unit, the Company used the income and market approaches. Under the income approach, the fair value of the Proton Solutions reporting unit was based on the present value of the estimated future cash flows that the reporting unit is expected to generate over its remaining life. Cash flow projections were based on management's estimates of revenue growth rates and operating margins, taking into consideration industry and market conditions and system order backlog. The discount rate used was based on the weighted-average cost of capital appropriate for the Proton Solutions reporting unit. The market approaches considered revenue multiples based on comparable transactions and public companies.
The Company also assessed whether the carrying amounts of the Proton Solutions reporting unit’s long-lived assets may not be recoverable and therefore impaired. To assess the recoverability of the reporting unit’s long-lived assets, the undiscounted cash flows of the reporting unit were analyzed and compared to the carrying value. The sum of undiscounted cash flows exceeded the carrying value of the asset group, and therefore, no impairment was indicated.
The following table reflects the gross carrying amount and accumulated amortization of the Company’s intangible assets, net:
 
 
September 27, 2019
 
September 28, 2018
(In millions)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Technologies and patents
 
$
226.4

 
$
(85.9
)
 
$
140.5

 
$
136.2

 
$
(72.6
)
 
$
63.6

Customer contracts, supplier relationships and partner relationships
 
121.1

 
(25.7
)
 
95.4

 
44.9

 
(19.1
)
 
25.8

Trade names
 
55.1

 
(3.0
)
 
52.1

 
3.4

 
(1.3
)
 
2.1

Other
 
6.1

 
(6.1
)
 
—

 
6.6

 
(5.8
)
 
0.8

Total intangible with finite lives
 
408.7

 
(120.7
)
 
288.0

 
191.1

 
(98.8
)
 
92.3

In-process R&D with indefinite lives
 
12.7

 
—

 
12.7

 
8.8

 
—

 
8.8

Total intangible assets
 
$
421.4

 
$
(120.7
)
 
$
300.7

 
$
199.9

 
$
(98.8
)
 
$
101.1


Amortization expense for intangible assets was $27.3 million, $20.6 million and $16.6 million for fiscal years 2019, 2018 and 2017, respectively.
As of September 27, 2019, the Company estimates that its remaining amortization expense for intangible assets with finite lives will be as follows (in millions):
Fiscal Years
 
Total
2020
 
$
37.0

2021
 
35.6

2022
 
33.5

2023
 
32.7

2024
 
25.7

Thereafter
 
123.5

Total remaining amortization
 
$
288.0