Goodwill and Intangible Assets, Net

12 Months Ended

Oct. 01, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Note 4 Goodwill and Intangible Assets, Net

Goodwill and intangible assets, net consisted of the following components (dollar amounts in millions):



	October 1, 2017					October 2, 2016					Life (in years)
	Gross Carrying Value		Accumulated Amortization			Gross Carrying Value		Accumulated Amortization			Life (in years)
Amortizable intangible assets
Completed technology	$	1,076.8	$	(405.9	)	$	907.7	$	(335.1	)	2 to 15
Customer relationships	323.4		(249.6		)	338.0		(219.2		)	4 to 15
Backlog, trade name and other	8.2		(7.6		)	24.9		(22.7		)	1 to 5
	$	1,408.4	$	(663.1	)	$	1,270.6	$	(577.0	)
Non-amortizable intangible assets
Goodwill	$	2,497.3				$	2,479.4
In-process research and development	$	7.0				$	241.0

A reconciliation of our goodwill for the years ended October 1, 2017 and October 2, 2016 is as follows (amounts in millions):



	October 1, 2017		October 2, 2016
Beginning balance	$	2,479.4	$	1,139.3
Additions from acquisitions	10.6		1,472.3
Reductions from divestitures	0.1		(125.0		)
Carrying value of goodwill classified as assets held for sale	7.2		(7.2		)
Ending balance	$	2,497.3	$	2,479.4

The increase in goodwill is related primarily to an immaterial acquisition completed during the third quarter of 2017.

Amortization of intangible assets included in operating expenses for each of the three fiscal years in the period ended October 1, 2017 is as follows (amounts in millions):



	2017		2016		2015
Completed technology	$	143.7	$	108.7	$	50.4
Customer relationships	45.7		46.5		44.6
Backlog, trade name and other	2.3		6.0		1.5
	$	191.7	$	161.2	$	96.5

Estimated amortization expense in each of the five succeeding years and thereafter is as follows (amounts in millions):



2018		2019		2020		2021		2022		Thereafter
$	165.9	$	146.1	$	140.8	$	140.7	$	82.1	$	69.7

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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