Acquired Developed Technology and Other Intangibles (Tables)

12 Months Ended

Jul. 02, 2022

Acquired Developed Technology and Other Intangibles

Schedule of Acquired Developed Technology and Other Intangibles

The following tables present details of the Company’s acquired developed technology, customer relationships and other intangibles as of July 2, 2022, and July 3, 2021, (in millions):

As of July 2, 2022	Weighted-Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization		Net
Acquired developed technology	3.3 years	$	416.6	$	(375.8)	$	40.8
Customer relationships	2.8 years	189.7		(177.8)		11.9
Other(1)	0.7 years	36.0		(34.5)		1.5
Total intangibles		$	642.3	$	(588.1)	$	54.2

As of July 3, 2021	Weighted-Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization		Net
Acquired developed technology	3.2 years	$	423.8	$	(356.9)	$	66.9
Customer relationships	3.5 years	195.4		(180.8)		14.6
Other(1)	1.1 years	37.9		(31.4)		6.5
Total intangibles		$	657.1	$	(569.1)	$	88.0

(1) Other intangibles consist of customer backlog, non-competition agreements, patents, proprietary know-how and trade secrets, trademarks and trade names.

Schedule of Estimated Future Amortization

Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of July 2, 2022, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):

Fiscal Years
2023	$	25.9
2024	11.8
2025	8.3
2026	4.3
2027	2.0
Thereafter	1.9
Total amortization	$	54.2