v3.26.1
Goodwill and Purchased Intangible Assets
12 Months Ended
Jul. 25, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Purchased Intangible Assets Goodwill and Purchased Intangible Assets
(a)Goodwill
The following tables present the goodwill allocated to our reportable segments as of July 25, 2026 and July 26, 2025, as well as the changes to goodwill during fiscal 2026 and 2025 (in millions):
Balance at July 26, 2025AcquisitionsForeign Currency Translation and OtherBalance at July 25, 2026
Americas$36,468 $224 $(6)$36,686 
EMEA14,397 87 (2)14,482 
APJC8,271 39 (1)8,309 
Total$59,136 $350 $(9)$59,477 
Balance at July 27, 2024Acquisitions, net of DivestituresForeign Currency Translation
and Other
Balance at July 26, 2025
Americas$36,169 $121 $178 $36,468 
EMEA14,283 47 67 14,397 
APJC8,208 23 40 8,271 
Total$58,660 $191 $285 $59,136 
(b)Purchased Intangible Assets     
The following tables present details of our intangible assets acquired through acquisitions completed during fiscal 2026 and 2025 (in millions, except years):
FINITE LIVESTOTAL
CUSTOMER RELATEDTECHNOLOGY
Fiscal 2026Weighted-
Average Useful
Life (in Years)
AmountWeighted-
Average Useful
Life (in Years)
AmountAmount
Total acquisitions1.0$5 3.9$185 $190 
FINITE LIVESTOTAL
CUSTOMER RELATEDTECHNOLOGY
Fiscal 2025Weighted-
Average Useful
Life (in Years)
AmountWeighted-
Average Useful
Life (in Years)
AmountAmount
Total acquisitions3.5$16 3.8$105 $121 
The following tables present details of our purchased intangible assets with finite lives (in millions):
July 25, 2026GrossAccumulated AmortizationNet
Customer related$6,243 $(2,038)$4,205 
Technology5,067 (2,124)2,943 
Trade name510 (101)409 
Total$11,820 $(4,263)$7,557 
July 26, 2025GrossAccumulated AmortizationNet
Customer related$6,341 $(1,268)$5,073 
Technology5,254 (1,606)3,648 
Trade name526 (72)454 
Total$12,121 $(2,946)$9,175 
Purchased intangible assets include intangible assets acquired through acquisitions as well as through direct purchases or licenses.
Impairment charges related to purchased intangible assets were $145 million for fiscal 2024. Impairment charges were as a result of declines in estimated fair value resulting from the reductions in or the elimination of expected future cash flows associated with certain in-process research and development and technology intangible assets. The fair value for purchased intangible assets measured at fair value on a nonrecurring basis was categorized as Level 3 due to the use of significant unobservable inputs in the valuation. Significant unobservable inputs that were used included expected revenues and net income related to the assets and the expected life of the assets. The difference between the estimated fair value and the carrying value of the assets was recorded as an impairment charge, which was included in product cost of sales.
The following table presents the amortization of purchased intangible assets, including impairment charges (in millions):
Years EndedJuly 25, 2026July 26, 2025July 27, 2024
Amortization of purchased intangible assets:
Cost of sales$947 $1,174 $955 
Operating expenses916 1,028 698 
Total$1,863 $2,202 $1,653 
The estimated future amortization expense of purchased intangible assets with finite lives as of July 25, 2026 is as follows (in millions):
Fiscal YearAmount
2027$1,534 
20281,451 
20291,329 
20301,040 
2031586 
Thereafter1,617 
Total$7,557