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Purchased Intangible Assets, Net
6 Months Ended
Oct. 28, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Purchased Intangible Assets, Net

4. Purchased Intangible Assets, Net

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

 

 

 

October 28, 2016

 

 

April 29, 2016

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

148

 

 

$

(28

)

 

$

120

 

 

$

403

 

 

$

(289

)

 

$

114

 

Customer contracts/relationships

 

 

43

 

 

 

(11

)

 

 

32

 

 

 

46

 

 

 

(7

)

 

 

39

 

Other purchased intangibles

 

 

9

 

 

 

(3

)

 

 

6

 

 

 

10

 

 

 

(2

)

 

 

8

 

Total intangible assets subject to amortization

 

 

200

 

 

 

(42

)

 

 

158

 

 

 

459

 

 

 

(298

)

 

 

161

 

In-process research and development

 

 

 

 

 

 

 

 

 

 

 

19

 

 

 

 

 

 

19

 

Total purchased intangible assets

 

$

200

 

 

$

(42

)

 

$

158

 

 

$

478

 

 

$

(298

)

 

$

180

 

As of October 28, 2016, the in-process research and development project related to the SolidFire acquisition had been completed, and the associated intangible asset was included in developed technology.

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

Statement of

 

 

October 28,

2016

 

 

October 30,

2015

 

 

October 28,

2016

 

 

October 30,

2015

 

 

Operations

Classifications

Developed technology

 

$

7

 

 

$

14

 

 

$

13

 

 

$

28

 

 

Cost of revenues

Customer contracts/relationships

 

 

3

 

 

 

 

 

 

7

 

 

 

 

 

Operating expenses

Other purchased intangibles

 

 

1

 

 

 

 

 

 

2

 

 

 

 

 

Operating expenses

Total

 

$

11

 

 

$

14

 

 

$

22

 

 

$

28

 

 

 

As of October 28, 2016, future amortization expense related to purchased intangible assets subject to amortization is as follows (in millions):

 

Fiscal Year

 

Amount

 

Remainder of 2017

 

$

26

 

2018

 

 

49

 

2019

 

 

42

 

2020

 

 

26

 

2021

 

 

15

 

Total

 

$

158