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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 27, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Excluding Goodwill
Intangible assets consist of the following (in millions):
As of
Weighted
Average
Amortization
Period (Years)
September 27, 2024September 29, 2023
 
 
 
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Developed technology and other6.3$1,379.6 $(540.7)$838.9 $1,290.4 $(379.4)$911.0 
Technology licenses 3.175.0 (48.8)26.2 75.8 (36.0)39.8 
In-process research and development35.4 — 35.4 271.3 — 271.3 
Total intangible assets$1,490.0 $(589.5)$900.5 $1,637.5 $(415.4)$1,222.1 
Expected Annual Amortization Expense Related to Intangible Assets for the Next Five Years
Annual amortization expense for the next five fiscal years related to definite-lived intangible assets, excluding IPR&D, is expected to be as follows (in millions):
20252026202720282029Thereafter
Amortization expense$168.7 $140.4 $124.4 $100.2 $86.9 $244.5