Acquired Developed Technology and Other Intangibles (Tables)

12 Months Ended

Jun. 29, 2019

Acquired Developed Technology and Other Intangibles

Schedule of Acquired Developed Technology and Other Intangibles

The following tables present details of the Company’s acquired developed technology, customer relationships and other intangibles for the fiscal years ended June 29, 2019, and June 30, 2018, (in millions):

As of June 29, 2019	Weighted-Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization			Net
Acquired developed technology	4.7 years	$	437.0	$	(311.1	)	$	125.9
Customer relationships	3.1 years	193.7		(126.3		)	67.4
Other (1)	3.3 years	36.1		(17.8		)	18.3
Total intangibles		$	666.8	$	(455.2	)	$	211.6

As of June 30, 2018	Weighted-Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization			Net
Acquired developed technology	4.1 years	$	447.8	$	(326.4	)	$	121.4
Customer relationships	2.8 years	175.4		(97.1		)	78.3
In-process research and development	Indefinite	9.0		—			9.0
Other (1)	3.8 years	42.8		(16.4		)	26.4
Total intangibles		$	675.0	$	(439.9	)	$	235.1

(1)

Other intangibles consist of customer backlog, non-competition agreements, patents, proprietary know-how and trade secrets, trademarks and trade names.

Schedule of Details of Amortization Expense

The following table presents details of the Company’s amortization (in millions):

	Years Ended
	June 29, 2019		June 30, 2018		July 1, 2017
Cost of revenues	$	34.4	$	26.7	$	14.3
Operating expense	38.1		21.0		14.0
Total	$	72.5	$	47.7	$	28.3

Schedule of Estimated Future Amortization

Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of June 29, 2019, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):

Fiscal Years
2020	$	67.9
2021	63.6
2022	37.2
2023	23.4
2024	9.2
Thereafter	10.3
Total amortization	$	211.6