Goodwill and Intangible Assets

12 Months Ended

Mar. 29, 2024

Goodwill

The changes in the carrying amount of goodwill are as follows:


(In millions)
Balance as of April 1, 2022	$	2,873
Acquisition of Avast	7,265
Purchase accounting adjustments	84
Translation adjustments	(5)
Balance as of March 31, 2023	10,217
Purchase accounting adjustments	(14)
Translation adjustments	7
Balance as of March 29, 2024	$	10,210

Intangible assets, net

The following table summarizes the components of our intangible assets, net:


	March 29, 2024						March 31, 2023
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	1,642	$	(773)	$	869	$	1,641	$	(549)	$	1,092
Developed technology	1,343		(388)		955		1,462		(279)		1,183
Other	90		(15)		75		91		(8)		83
Total finite-lived intangible assets	3,075		(1,176)		1,899		3,194		(836)		2,358
Indefinite-lived trade names	739		—		739		739		—		739
Total intangible assets	$	3,814	$	(1,176)	$	2,638	$	3,933	$	(836)	$	3,097

Amortization expense for purchased intangible assets is summarized below:


	Year Ended						Consolidated Statements of Operations Classification
(In millions)	March 29, 2024		March 31, 2023		April 1, 2022
Customer relationships and other	$	233	$	172	$	85	Operating expenses
Developed technology	229		136		39		Cost of revenues
Total	$	462	$	308	$	124

As of March 29, 2024, future amortization expense related to intangible assets that have finite lives is as follows by fiscal year: