Annual report pursuant to Section 13 and 15(d)

Identified Intangible Assets

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Identified Intangible Assets
12 Months Ended
Dec. 28, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Identified Intangible Assets [Text Block]
Note 12 : Identified Intangible Assets
December 28, 2024 December 30, 2023
(In Millions) Gross Assets Accumulated Amortization Net Gross Assets Accumulated Amortization Net
Developed technology $ 8,007  $ (6,445) $ 1,562  $ 10,520  $ (7,996) $ 2,524 
Customer relationships and brands 1,907  (1,372) 535  1,986  (1,286) 700 
Licensed technology and patents 3,387  (1,852) 1,535  3,088  (1,728) 1,360 
Internal-use software 128  (73) 55  —  —  — 
Other non-amortizing intangibles —  — 
Total identified intangible assets $ 13,433  $ (9,742) $ 3,691  $ 15,599  $ (11,010) $ 4,589 
During 2024 and 2023, we entered into and/or renewed several licensed technology arrangements totaling $562 million and $309 million respectively, which are subject to amortization.
Amortization expenses recorded for and the weighted average useful life assigned to identified intangible assets in the Consolidated Statements of Operations for each period were as follows:
Years Ended (In Millions) Location Dec 28, 2024 Dec 30, 2023 Dec 31, 2022
Weighted Average Useful Life1
Developed technology Cost of sales $ 879  $ 1,235  $ 1,341  9 years
Customer relationships and brands Marketing, general, and administrative 165  172  185  12 years
Licensed technology and patents Cost of sales 360  348  381  12 years
Internal-use software Marketing, general, and administrative 24  —  —  5 years
Total amortization expenses $ 1,428  $ 1,755  $ 1,907 
1 Represents weighted average useful life in years of intangible assets as of December 28, 2024.
We expect future amortization expense for the next five years and thereafter to be as follows:
(In Millions) 2025 2026 2027 2028 2029 Thereafter Total
Future amortization expenses $ 998  $ 858  $ 655  $ 431  $ 252  $ 493  $ 3,687