Goodwill activity by reportable segment is summarized as follows (in millions):


	Hybrid Cloud		Public Cloud			Total
Balance as of April 26, 2024	$	1,714	$	1,045		$	2,759
Derecognition		—		(36	)		(36	)
Balance as of April 25, 2025		1,714		1,009			2,723
Impact of foreign currency translation		—		49			49
Balance as of April 24, 2026	$	1,714	$	1,058		$	2,772

During fiscal 2025, we derecognized a portion of the Public Cloud goodwill in connection with the sale of our cloud optimization and management software business known as Spot by NetApp, which formed part of our Public Cloud reportable segment. See "Gains/losses on the sale or derecognition of assets" section contained in Note 5 – Supplemental Financial Information for additional information related to this derecognition.

Purchased intangible assets, net are summarized below (in millions):


	April 24, 2026							April 25, 2025
	Gross		Accumulated			Net		Gross		Accumulated			Net
	Assets		Amortization			Assets		Assets		Amortization			Assets
Developed technology	$	55	$	(44	)	$	11	$	55	$	(33	)	$	22
Customer contracts/relationships		50		(39	)		11		50		(29	)		21
Other purchased intangibles		2		(2	)		—		2		(2	)		—
Total purchased intangible assets	$	107	$	(85	)	$	22	$	107	$	(64	)	$	43

Amortization expense for purchased intangible assets is summarized below (in millions):


	Year Ended						Statements of
	April 24, 2026		April 25, 2025		April 26, 2024		Income Classifications
Developed technology	$	11	$	28	$	34	Cost of revenues
Customer contracts/relationships		10		19		22	Operating expenses
Other purchased intangibles		—		—		1	Operating expenses
Total	$	21	$	47	$	57