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Goodwill and Purchased Intangible Assets, Net
3 Months Ended
Jul. 26, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Purchased Intangible Assets, Net

4. Goodwill and Purchased Intangible Assets, Net

Goodwill activity is summarized as follows (in millions):

 

Balance as of April 26, 2019

 

$

1,735

 

Additions

 

 

35

 

Balance as of July 26, 2019

 

$

1,770

 

 

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

 

 

 

July 26, 2019

 

 

April 26, 2019

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

186

 

 

$

(124

)

 

$

62

 

 

$

160

 

 

$

(113

)

 

$

47

 

Customer contracts/relationships

 

 

 

 

 

 

 

 

 

 

 

41

 

 

 

(41

)

 

 

 

Total purchased intangible assets

 

$

186

 

 

$

(124

)

 

$

62

 

 

$

201

 

 

$

(154

)

 

$

47

 

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

 

 

 

Three Months Ended

 

 

Statements of

 

 

July 26, 2019

 

 

July 27, 2018

 

 

Operations

Classification

Developed technology

 

$

11

 

 

$

9

 

 

Cost of revenues

Customer contracts/relationships

 

 

 

 

 

4

 

 

Operating expenses

Total

 

$

11

 

 

$

13

 

 

 

As of July 26, 2019, future amortization expense related to purchased intangible assets is as follows (in millions):

 

Fiscal Year

 

Amount

 

Remainder of 2020

 

$

27

 

2021

 

 

25

 

2022

 

 

9

 

Thereafter

 

 

1

 

Total

 

$

62