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Purchased Intangible Assets, Net
3 Months Ended
Jul. 27, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Purchased Intangible Assets, Net

4. Purchased Intangible Assets, Net

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

 

 

 

July 27, 2018

 

 

April 27, 2018

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

160

 

 

$

(86

)

 

$

74

 

 

$

164

 

 

$

(80

)

 

$

84

 

Customer contracts/relationships

 

 

41

 

 

 

(34

)

 

 

7

 

 

 

43

 

 

 

(33

)

 

 

10

 

Other purchased intangibles

 

 

 

 

 

 

 

 

 

 

 

9

 

 

 

(9

)

 

 

 

Total purchased intangible assets

 

$

201

 

 

$

(120

)

 

$

81

 

 

$

216

 

 

$

(122

)

 

$

94

 

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

 

 

 

Three Months Ended

 

 

Statements of

 

 

July 27,

2018

 

 

July 28,

2017

 

 

Operations

Classification

Developed technology

 

$

9

 

 

$

8

 

 

Cost of revenues

Customer contracts/relationships

 

 

4

 

 

 

4

 

 

Operating expenses

Other purchased intangibles

 

 

 

 

 

1

 

 

Operating expenses

Total

 

$

13

 

 

$

13

 

 

 

As of July 27, 2018, future amortization expense related to purchased intangible assets is as follows (in millions):

 

Fiscal Year

 

Amount

 

Remainder of 2019

 

$

34

 

2020

 

 

31

 

2021

 

 

16

 

Total

 

$

81