Identified Intangible Assets (Tables)
|
12 Months Ended |
Dec. 25, 2021 |
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
|
Schedule of Finite-Lived Intangible Assets [Table Text Block] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 25, 2021 |
|
December 26, 2020 |
(In Millions) |
|
Gross Assets |
|
Accumulated Amortization |
|
Net |
|
Gross Assets |
|
Accumulated Amortization |
|
Net |
Developed technology |
|
$ |
11,102 |
|
|
$ |
(6,026) |
|
|
$ |
5,076 |
|
|
$ |
10,188 |
|
|
$ |
(4,880) |
|
|
$ |
5,308 |
|
Customer relationships and brands |
|
2,110 |
|
|
(1,063) |
|
|
1,047 |
|
|
2,110 |
|
|
(854) |
|
|
1,256 |
|
Licensed technology and patents |
|
2,893 |
|
|
(1,746) |
|
|
1,147 |
|
|
2,836 |
|
|
(1,629) |
|
|
1,207 |
|
In-process R&D |
|
— |
|
|
— |
|
|
— |
|
|
954 |
|
|
— |
|
|
954 |
|
Other non-amortizing intangibles |
|
— |
|
|
— |
|
|
— |
|
|
301 |
|
|
— |
|
|
301 |
|
Total identified intangible assets |
|
$ |
16,105
|
|
|
$ |
(8,835) |
|
|
$ |
7,270
|
|
|
$ |
16,389
|
|
|
$ |
(7,363) |
|
|
$ |
9,026
|
|
|
Schedule of Indefinite-Lived Intangible Assets [Table Text Block] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 25, 2021 |
|
December 26, 2020 |
(In Millions) |
|
Gross Assets |
|
Accumulated Amortization |
|
Net |
|
Gross Assets |
|
Accumulated Amortization |
|
Net |
Developed technology |
|
$ |
11,102 |
|
|
$ |
(6,026) |
|
|
$ |
5,076 |
|
|
$ |
10,188 |
|
|
$ |
(4,880) |
|
|
$ |
5,308 |
|
Customer relationships and brands |
|
2,110 |
|
|
(1,063) |
|
|
1,047 |
|
|
2,110 |
|
|
(854) |
|
|
1,256 |
|
Licensed technology and patents |
|
2,893 |
|
|
(1,746) |
|
|
1,147 |
|
|
2,836 |
|
|
(1,629) |
|
|
1,207 |
|
In-process R&D |
|
— |
|
|
— |
|
|
— |
|
|
954 |
|
|
— |
|
|
954 |
|
Other non-amortizing intangibles |
|
— |
|
|
— |
|
|
— |
|
|
301 |
|
|
— |
|
|
301 |
|
Total identified intangible assets |
|
$ |
16,105
|
|
|
$ |
(8,835) |
|
|
$ |
7,270
|
|
|
$ |
16,389
|
|
|
$ |
(7,363) |
|
|
$ |
9,026
|
|
|
Finite-lived Intangible Assets Amortization Expense [Table Text Block] |
Amortization expenses recorded for identified intangible assets in the Consolidated Statements of Income for each period and the weighted average useful life were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years Ended (In Millions) |
|
Location |
|
Dec 25, 2021 |
|
Dec 26, 2020 |
|
Dec 28, 2019 |
|
Weighted Average Useful Life1
|
Developed technology |
|
Cost of sales |
|
$ |
1,283 |
|
|
$ |
1,211 |
|
|
$ |
1,124 |
|
|
9 years |
Customer relationships and brands |
|
Marketing, general and administrative |
|
209 |
|
|
205 |
|
|
200 |
|
|
11 years |
Licensed technology and patents |
|
Cost of sales |
|
347 |
|
|
341 |
|
|
298 |
|
|
13 years |
Total amortization expenses |
|
|
|
$ |
1,839
|
|
|
$ |
1,757
|
|
|
$ |
1,622
|
|
|
|
1 Represents weighted average useful life in years of intangible assets during 2021.
|
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) |
|
2022 |
|
2023 |
|
2024 |
|
2025 |
|
2026 |
|
Thereafter |
|
Total |
Future amortization expenses |
|
$ |
1,854 |
|
|
$ |
1,622 |
|
|
$ |
1,188 |
|
|
$ |
779 |
|
|
$ |
598 |
|
|
$ |
1,229 |
|
|
$ |
7,270
|
|
|