Note 10. Acquired Developed Technology and Other Intangibles

The following tables present details of the Company’s acquired developed technology, customer relationships and other intangibles as of December 28, 2024 and June 29, 2024 (in millions):



As of December 28, 2024	Gross Carrying Amount		Accumulated Amortization		Net
Acquired developed technology	$	435.3	$	(407.9)	$	27.4
Customer relationships	194.4		(192.6)		1.8
Other (1)	36.5		(36.5)		—
Total intangibles	$	666.2	$	(637.0)	$	29.2



As of June 29, 2024	Gross Carrying Amount		Accumulated Amortization		Net
Acquired developed technology	$	436.2	$	(401.9)	$	34.3
Customer relationships	194.8		(191.0)		3.8

Other (1)	36.7		(36.6)		0.1
Total intangibles	$	667.7	$	(629.5)	$	38.2

(1)Other intangibles consist primarily of patents, proprietary know-how and trade secrets, trademarks and trade names.

The following table presents the amortization recorded relating to acquired developed technology, customer relationships and other intangibles (in millions):


	Three Months Ended				Six Months Ended
	December 28, 2024		December 30, 2023		December 28, 2024		December 30, 2023
Cost of revenues	$	3.3	$	3.4	$	6.6	$	6.9
Operating expenses	1.0		1.4		2.1		3.5
Total amortization of intangible assets	$	4.3	$	4.8	$	8.7	$	10.4

Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of December 28, 2024, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):


Fiscal Years
Remainder of 2025	$	7.1
2026	11.2
2027	7.5
2028	2.9
2029	0.5

Total amortization	$	29.2

The acquired developed technology, customer relationships and other intangibles balances are adjusted quarterly to record the effect of currency translation adjustments.