v3.26.1
Intangible Assets, Net
9 Months Ended
Jun. 26, 2026
Intangible Assets, Net  
Intangible Assets, Net

6. Intangible Assets, Net

Net intangible assets consisted of the following:

June 26, 2026

September 26, 2025

  ​ ​ ​

Gross

  ​ ​ ​

  ​ ​ ​

Net

  ​ ​ ​

Gross

  ​ ​ ​

  ​ ​ ​

Net

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Amount

Amortization

Amount

Amount

Amortization

Amount

  ​ ​ ​

(in millions)

Customer relationships

$

2,998

$

(1,227)

$

1,771

$

3,033

$

(1,118)

$

1,915

Intellectual property

697

(402)

295

727

(430)

297

Other

 

24

 

(9)

 

15

 

23

 

(8)

 

15

Total

$

3,719

$

(1,638)

$

2,081

$

3,783

$

(1,556)

$

2,227

Intangible asset amortization expense was $56 million and $52 million for the quarters ended June 26, 2026 and June 27, 2025, respectively, and $170 million and $132 million for the nine months ended June 26, 2026 and June 27, 2025, respectively.

At June 26, 2026, the aggregate amortization expense on intangible assets is expected to be as follows:

  ​ ​ ​

(in millions)

  ​

Remainder of fiscal 2026

$

57

Fiscal 2027

211

Fiscal 2028

 

175

Fiscal 2029

 

170

Fiscal 2030

 

160

Fiscal 2031

 

159

Thereafter

 

1,149

Total

$

2,081