Goodwill and Intangible Assets (Tables)

6 Months Ended

May 05, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in goodwill

The following table presents the changes in goodwill during the first six months of fiscal 2018:

	Six Months Ended
	May 5, 2018
Balance as of October 28, 2017	$	12,217,455
Goodwill related to other acquisitions (1)	36,756
Foreign currency translation adjustment	3,974
Balance as of May 5, 2018	$	12,258,185

(1) Represents goodwill related to acquisitions that were not material to the Company on either an individual or aggregate basis.

Finite lived intangible assets

As of May 5, 2018 and October 28, 2017, the Company’s intangible assets consisted of the following:

	May 5, 2018				October 28, 2017
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships	$	4,694,597	$	658,049	$	4,683,461	$	449,369
Technology-based	1,120,204		172,621		1,097,025		101,920
Trade-name	73,589		12,297		72,800		6,906
IPR&D	20,768		—		24,334		—
Total (1)(2)	$	5,909,158	$	842,967	$	5,877,620	$	558,195

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(1) Foreign intangible asset carrying amounts are affected by foreign currency translation.

(2) Increases in intangible assets relate to acquisitions that were not material to the Company on either an individual or aggregate basis.

Amortization expense

The Company expects annual amortization expense for intangible assets to be:

Fiscal Year	Amortization Expense
Remainder of fiscal 2018		$285,198
2019		$569,407
2020		$568,884
2021		$568,348
2022		$565,418