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Goodwill and Purchased Intangible Assets, Net (Tables)
3 Months Ended
Jul. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill by reportable segment

Goodwill by reportable segment as of July 28, 2023 is as follows (in millions):

 

 

Amount

 

Hybrid Cloud

 

$

1,714

 

Public Cloud

 

 

1,045

 

Total goodwill

 

$

2,759

 

Purchased Intangible Assets, Net

Purchased intangible assets, net are summarized below (in millions):

 

 

July 28,
 2023

 

 

April 28,
  2023

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

179

 

 

$

(83

)

 

$

96

 

 

$

212

 

 

$

(107

)

 

$

105

 

Customer contracts/relationships

 

 

114

 

 

 

(45

)

 

 

69

 

 

 

118

 

 

 

(44

)

 

 

74

 

Other purchased intangibles

 

 

6

 

 

 

(5

)

 

 

1

 

 

 

6

 

 

 

(4

)

 

 

2

 

Total purchased intangible assets

 

$

299

 

 

$

(133

)

 

$

166

 

 

$

336

 

 

$

(155

)

 

$

181

 

Amortization Expense for Purchased Intangible Assets

Amortization expense for purchased intangible assets is summarized below (in millions):

 

 

Three Months Ended

 

 

Statements of

 

 

July 28,
 2023

 

 

July 29,
2022

 

 

Income
Classification

Developed technology

 

$

9

 

 

$

10

 

 

Cost of revenues

Customer contracts/relationships

 

 

5

 

 

 

6

 

 

Operating expenses

Other purchased intangibles

 

 

1

 

 

 

1

 

 

Operating expenses

Total

 

$

15

 

 

$

17

 

 

 

Future Amortization Expense Related to Purchased Intangible Assets

As of July 28, 2023, future amortization expense related to purchased intangible assets is as follows (in millions):

Fiscal Year

 

Amount

 

2024 (remainder)

 

$

42

 

2025

 

 

55

 

2026

 

 

39

 

2027

 

 

29

 

2028

 

 

1

 

Total

 

$

166