Acquisitions (Tables)

3 Months Ended

Sep. 29, 2017

Fair value of assets acquired and liabilities assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date:



(Dollars in millions)	Amount
Cash and cash equivalents	$	40
Accounts receivable, net	48
Inventories	21
Other current and non-current assets	7
Property, plant and equipment	10
Intangible assets	252
Goodwill	364
Total assets	742
Accounts payable, accrued expenses and other	(68		)
Total liabilities	(68		)
Total	$	674

The following table shows the fair value of the separately identifiable intangible assets at the time of acquisition and the period over which each intangible asset will be amortized:



(Dollars in millions)	Fair Value		Weighted- Average Amortization Period
Existing technology	$	164	5.0 years
Customer relationships	71		7.0 years
Trade names	3		5.0 years
Total amortizable intangible assets acquired	238		5.5 years
In-process research and development	14
Total acquired identifiable intangible assets	$	252