Goodwill and acquisition-related intangibles

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and acquisition-related intangibles

Goodwill and acquisition-related intangibles

Goodwill was $4.36 billion as of September 30, 2020 and December 31, 2019. There was no impairment of goodwill during the first nine months of 2020 or 2019.

The components of acquisition-related intangibles are as follows:

		September 30, 2020						December 31, 2019
	Amortization Period (Years)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Developed technology	8 – 10	$	1,895	$	1,706	$	189	$	2,000	$	1,660	$	340

Acquisition charges

Acquisition charges represent the ongoing amortization of intangible assets resulting from the acquisition of National Semiconductor Corporation. These amounts are included in Other for segment reporting purposes, consistent with how management measures the performance of its segments.

Amortization of acquisition-related intangibles was $51 million and $79 million for the third quarters of 2020 and 2019, respectively, and $151 million and $238 million for the first nine months of 2020 and 2019. Fully amortized assets are written off against accumulated amortization.