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Intangible Assets, Goodwill and Other
3 Months Ended
Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure Acquisition-related Intangible Assets
Acquisition-related intangibles were as follows:
March 30, 2024December 30, 2023
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
(In millions)(In millions)
Developed technology$13,390 $(1,815)$11,575 $13,390 $(1,583)$11,807 
Customer relationships12,324 (4,127)8,197 12,324 (3,755)8,569 
Customer backlog809 (809)— 809 (809)— 
Corporate trade name65 (65)— 65 (65)— 
Product trademarks914 (165)749 914 (147)767 
Identified intangible assets subject to amortization27,502 (6,981)20,521 27,502 (6,359)21,143 
In-process research and development (IPR&D) not subject to amortization
220 — 220 220 — 220 
Total acquisition-related intangible assets$27,722 $(6,981)$20,741 $27,722 $(6,359)$21,363 
Developed technology and customer relationships were acquired primarily from the Xilinx acquisition on February 14, 2022. Acquisition-related intangible amortization expense was $622 million and $823 million for the three months ended March 30, 2024 and April 1, 2023, respectively.
Based on the carrying value of acquisition-related intangibles recorded as of March 30, 2024, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows:
Fiscal Year(In millions)
Remainder of 2024
$1,749 
20252,145 
20262,034 
20271,922 
20281,846 
2029 and thereafter
10,825 
Total$20,521