Annual report pursuant to Section 13 and 15(d)

Identified Intangible Assets (Tables)

v3.24.4
Identified Intangible Assets (Tables)
12 Months Ended
Dec. 28, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
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 
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]
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 
Finite-lived Intangible Assets Amortization Expense [Table Text Block]
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.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
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