Goodwill and Purchased Intangible Assets

3 Months Ended

Oct. 24, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Purchased Intangible Assets

(a)Goodwill

The following table presents the goodwill allocated to our reportable segments as of October 24, 2020 and during the first quarter of fiscal 2021 (in millions):



	Balance at July 25, 2020		Acquisitions		Foreign Currency Translation and Other		Balance at October 24, 2020
Americas	$	21,304	$	393	$	40	$	21,737
EMEA	8,040		183		15		8,238
APJC	4,462		90		8		4,560
Total	$	33,806	$	666	$	63	$	34,535

(b)Purchased Intangible Assets

The following table presents details of our intangible assets acquired through acquisitions completed during the first quarter of fiscal 2021 (in millions, except years):


	FINITE LIVES									INDEFINITE LIVES	TOTAL
	TECHNOLOGY			CUSTOMER RELATIONSHIPS			OTHER			IPR&D
	Weighted- Average Useful Life (in Years)	Amount		Weighted- Average Useful Life (in Years)	Amount		Weighted- Average Useful Life (in Years)	Amount		Amount	Amount
Total acquisitions (three in total)	3.9	$	162	4.0	$	42	2.0	$	6	—	$	210

The following tables present details of our purchased intangible assets (in millions):


October 24, 2020	Gross		Accumulated Amortization		Net
Purchased intangible assets with finite lives:
Technology	$	3,086	$	(2,104)	$	982
Customer relationships	797		(393)		404
Other	14		(5)		9
Total purchased intangible assets with finite lives	3,897		(2,502)		1,395
In-process research and development, with indefinite lives	186		—		186
Total	$	4,083	$	(2,502)	$	1,581


July 25, 2020	Gross		Accumulated Amortization		Net
Purchased intangible assets with finite lives:
Technology	$	3,298	$	(2,336)	$	962
Customer relationships	760		(365)		395
Other	26		(20)		6
Total purchased intangible assets with finite lives	4,084		(2,721)		1,363
In-process research and development, with indefinite lives	213		—		213
Total	$	4,297	$	(2,721)	$	1,576

Purchased intangible assets include intangible assets acquired through acquisitions as well as through direct purchases or licenses.

The following table presents the amortization of purchased intangible assets, including impairment charges (in millions):


	Three Months Ended
	October 24, 2020		October 26, 2019
Amortization of purchased intangible assets:
Cost of sales	$	170	$	166
Operating expenses	36		36
Total	$	206	$	202

The estimated future amortization expense of purchased intangible assets with finite lives as of October 24, 2020 is as follows (in millions):


Fiscal Year	Amount
2021 (remaining nine months)	$	487
2022	$	431
2023	$	286
2024	$	170
2025	$	15
Thereafter	$	6