Goodwill and Intangible Assets

6 Months Ended

Sep. 27, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill

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

(In millions)
Balance as of March 29, 2024	$	10,210
Translation adjustments	25
Balance as of September 27, 2024	$	10,235

Intangible assets, net

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

	September 27, 2024						March 29, 2024
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	1,646	$	(856)	$	790	$	1,642	$	(773)	$	869
Developed technology	1,347		(504)		843		1,343		(388)		955
Other	90		(20)		70		90		(15)		75
Total finite-lived intangible assets	3,083		(1,380)		1,703		3,075		(1,176)		1,899
Indefinite-lived trade names	739		—		739		739		—		739
Total intangible assets	$	3,822	$	(1,380)	$	2,442	$	3,814	$	(1,176)	$	2,638

Amortization expense for purchased intangible assets is summarized below:

	Three Months Ended				Six Months Ended				Condensed Consolidated Statements of Operations Classification
(In millions)	September 27, 2024		September 29, 2023		September 27, 2024		September 29, 2023
Customer relationships and other	$	44	$	61	$	87	$	122	Operating expenses
Developed technology	58		58		115		115		Cost of revenues
Total	$	102	$	119	$	202	$	237

As of September 27, 2024, future amortization expense related to intangible assets that have finite lives is as follows by fiscal year:

(In millions)
Remainder of 2025	$	201
2026	396
2027	383
2028	380
2029	250
Thereafter	93
Total	$	1,703