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Acquired Developed Technology and Other Intangibles (Tables)
9 Months Ended
Mar. 28, 2015
Acquired Developed Technology and Other Intangibles  
Schedule of acquired developed technology, customer relationships and other intangibles

 

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

 

As of March 28, 2015

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Acquired developed technology

 

$

529.0

 

$

(456.3

)

$

72.7

 

Customer relationships

 

192.0

 

(144.6

)

47.4

 

Other

 

22.5

 

(21.2

)

1.3

 

Total intangibles subject to amortization

 

743.5

 

(622.1

)

121.4

 

In-process research and development intangibles

 

3.5

 

 

3.5

 

Total intangibles

 

$

747.0

 

$

(622.1

)

$

124.9

 

 

As of June 28, 2014

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Acquired developed technology

 

$

548.8

 

$

(443.1

)

$

105.7

 

Customer relationships

 

205.2

 

(142.3

)

62.9

 

Other

 

24.2

 

(22.1

)

2.1

 

Total intangibles subject to amortization

 

778.2

 

(607.5

)

170.7

 

In-process research and development intangibles

 

7.1

 

 

7.1

 

Total intangibles

 

$

785.3

 

$

(607.5

)

$

177.8

 

 

Schedule of estimated future amortization

Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of March 28, 2015, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):

 

Fiscal Years

 

 

 

Remainder of 2015

 

$

12.0 

 

2016

 

37.8 

 

2017

 

34.7 

 

2018

 

22.2 

 

2019

 

10.9 

 

Thereafter

 

3.8 

 

Total amortization

 

$

121.4