Goodwill and Purchased Intangible Assets

6 Months Ended

Jan. 28, 2023

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 January 28, 2023 and during the first six months of fiscal 2023 (in millions):



	Balance at July 30, 2022		Acquisitions & Divestitures		Foreign Currency Translation and Other		Balance at January 28, 2023
Americas	$	23,882	$	3	$	51	$	23,936
EMEA	9,062		—		19		9,081
APJC	5,360		—		11		5,371
Total	$	38,304	$	3	$	81	$	38,388

(b)Purchased Intangible Assets

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


January 28, 2023	Gross		Accumulated Amortization		Net
Purchased intangible assets with finite lives:
Technology	$	2,620	$	(1,384)	$	1,236
Customer relationships	1,334		(889)		445
Other	40		(17)		23
Total purchased intangible assets with finite lives	3,994		(2,290)		1,704
In-process research and development, with indefinite lives	430		—		430
Total	$	4,424	$	(2,290)	$	2,134


July 30, 2022	Gross		Accumulated Amortization		Net
Purchased intangible assets with finite lives:
Technology	$	2,631	$	(1,102)	$	1,529
Customer relationships	1,354		(769)		585
Other	41		(16)		25
Total purchased intangible assets with finite lives	4,026		(1,887)		2,139
In-process research and development, with indefinite lives	430		—		430
Total	$	4,456	$	(1,887)	$	2,569

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				Six Months Ended
	January 28, 2023		January 29, 2022		January 28, 2023		January 29, 2022
Amortization of purchased intangible assets:
Cost of sales	$	158	$	201	$	316	$	403
Operating expenses	71		79		142		163
Total	$	229	$	280	$	458	$	566

The estimated future amortization expense of purchased intangible assets with finite lives as of January 28, 2023 is as follows (in millions):


Fiscal Year	Amount
2023 (remaining six months)	$	450
2024	$	778
2025	$	406
2026	$	65
2027	$	5