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Goodwill and Intangible Assets (Tables)
9 Months Ended
Jun. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Excluding Goodwill
Intangible assets consist of the following (in millions):
As of
Weighted
Average
Amortization
Period (Years)
June 28, 2024September 29, 2023
 
 
 
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying Amount
Accumulated
Amortization
Net
Carrying
Amount
Developed technology and other6.3$1,379.6 $(500.4)$879.2 $1,290.4 $(379.4)$911.0 
Technology licenses3.172.5 (42.1)30.4 75.8 (36.0)39.8 
In-process research and development166.0 — 166.0 271.3 — 271.3 
Total intangible assets$1,618.1 $(542.5)$1,075.6 $1,637.5 $(415.4)$1,222.1 
Expected Annual Amortization Expense Related to Intangible Assets for the Next Five Years
Annual amortization expense for the next five fiscal years related to definite-lived intangible assets, excluding IPR&D, is expected to be as follows (in millions):
Remaining 2024
2025202620272028Thereafter
Amortization expense$46.5 $167.9 $140.0 $124.0 $100.1 $331.1