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Goodwill and Acquired Intangibles
 6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND ACQUIRED INTANGIBLES GOODWILL AND ACQUIRED INTANGIBLES
Goodwill
The changes in the carrying amount of goodwill during the six months ended June 30, 2023 were as follows:
 Gross Carrying
Amount
 (In thousands)
Balance as of December 31, 2022$1,374,268 
Goodwill resulting from acquisitions47,448 
Effect of foreign currency translation7,056 
Balance as of June 30, 2023$1,428,772 
Acquired Intangibles, Net
Acquired intangibles as of June 30, 2023 were as follows, excluding intangibles that were fully amortized as of December 31, 2022:
Gross Carrying
Amount		Accumulated
Amortization		Acquired
Intangibles, Net
 (In thousands)
Existing technology$309,288 $(119,215)$190,073 
Agreements and relationships186,745 (52,712)134,033 
Tradenames, trademarks and patents13,434 (3,598)9,836 
Total acquired intangibles with definite lives509,467 (175,525)333,942 
In-process technology6,800 — 6,800 
Total acquired intangibles$516,267 $(175,525)$340,742 
In-process technology as of June 30, 2023 consisted of acquired projects that, if completed, will contribute to Cadence’s existing product offerings. As of June 30, 2023, these projects were expected to be completed during the fourth quarter of fiscal 2023. During the three and six months ended June 30, 2023, there were no transfers from in-process technology to existing technology.
Acquired intangibles as of December 31, 2022 were as follows, excluding intangibles that were fully amortized as of January 1, 2022:
Gross Carrying
Amount		Accumulated
Amortization		Acquired
Intangibles, Net
 (In thousands)
Existing technology$479,796 $(278,851)$200,945 
Agreements and relationships274,624 (137,847)136,777 
Tradenames, trademarks and patents12,979 (2,884)10,095 
Total acquired intangibles with definite lives$767,399 $(419,582)$347,817 
In-process technology6,800 — 6,800 
Total acquired intangibles$774,199 $(419,582)$354,617 
Amortization expense from existing technology and maintenance agreements is included in cost of product and maintenance. Amortization expense for the three and six months ended June 30, 2023 and July 2, 2022 by condensed consolidated income statement caption was as follows:
 Three Months Ended Six Months Ended
 June 30,
2023		July 2,
2022		June 30,
2023		July 2,
2022
 (In thousands)
Cost of product and maintenance$10,618 $10,068 $20,878 $22,039 
Amortization of acquired intangibles4,302 4,633 8,569 9,597 
Total amortization of acquired intangibles$14,920 $14,701 $29,447 $31,636 
As of June 30, 2023, the estimated amortization expense for intangible assets with definite lives was as follows for the following five fiscal years and thereafter:
 (In thousands)
2023 - remaining period$30,545 
202459,168 
202546,456 
202640,670 
202738,212 
202835,127 
Thereafter83,764 
Total estimated amortization expense$333,942