Goodwill and Other Intangibles

9 Months Ended

Aug. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill as of August 28, 2020 and November 29, 2019 was $10.74 billion and $10.69 billion, respectively. We continually monitor events and changes in circumstances that could indicate that the fair value of any one of our reporting units may more likely than not have fallen below its respective carrying amount. We have not identified any such events or changes in circumstances since the performance of our annual goodwill impairment test that would require us to perform another goodwill impairment test.

Other intangible assets subject to amortization as of August 28, 2020 and November 29, 2019 were as follows:


(in millions)	2020										2019
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Customer contracts and relationships	$	1,124	$	(429)	$	695	$	1,219	$	(436)	$	783
Purchased technology	763		(322)		441		759		(223)		536
Trademarks	384		(109)		275		384		(73)		311


Other	227		(193)		34		227		(136)		91
Other intangibles, net	$	2,498	$	(1,053)	$	1,445	$	2,589	$	(868)	$	1,721

Amortization expense related to other intangibles was $92 million and $281 million for the three and nine months ended August 28, 2020, respectively. Comparatively, amortization expense related to other intangible assets was $102 million and $305 million for the three and nine months ended August 30, 2019, respectively. Of these amounts, $51 million and $158 million were included in cost of revenue for the three and nine months ended August 28, 2020, respectively, and $59 million and $172 million were included in cost of revenue for the three and nine months ended August 30, 2019, respectively.

During the nine months ended August 28, 2020, certain other intangibles associated with our previous acquisitions became fully amortized and were removed from the condensed consolidated balance sheets.

As of August 28, 2020, we expect amortization expense in future periods to be as follows:


(in millions)	Other Intangibles
Remainder of 2020		$	85
2021		255
2022		224
2023		215
2024		202
Thereafter		464
Total expected amortization expense		$	1,445