| Goodwill and Intangible Assets Goodwill The following table presents details of our goodwill during the year ended July 31, 2026 (in millions): | | | | | | | Amount | | Balance as of July 31, 2025 | $ | 4,567 | | | Goodwill acquired | 17,443 | | | | | Balance as of July 31, 2026 | $ | 22,010 | |
Purchased Intangible Assets The following table presents details of our purchased intangible assets (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | July 31, | | 2026 | | 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Intangible assets subject to amortization: | | | | | | | | | | | | | Developed technology | $ | 3,402 | | | $ | (614) | | | $ | 2,788 | | | $ | 536 | | | $ | (274) | | | $ | 262 | | | Customer relationships and platform renewals | 4,356 | | | (320) | | | 4,036 | | | 609 | | | (123) | | | 486 | | | Customer contracts | 219 | | | (55) | | | 164 | | | — | | | — | | | — | | | Acquired intellectual property | 24 | | | (12) | | | 12 | | | 24 | | | (9) | | | 15 | | | Trade name and trademarks | 33 | | | (16) | | | 17 | | | — | | | — | | | — | | | Other | — | | | — | | | — | | | 1 | | | (1) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total purchased intangible assets | $ | 8,034 | | | $ | (1,017) | | | $ | 7,017 | | | $ | 1,170 | | | $ | (407) | | | $ | 763 | |
The following table summarizes amortization expense of our intangible assets (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended July 31, | | | | | | 2026 | | 2025 | | 2024 | | Cost of product revenue | | | | | $ | 75 | | | $ | — | | | $ | — | | | Cost of subscription and support revenue | | | | | 343 | | | 111 | | | 98 | | | | | | | | | | | | | Sales and marketing | | | | | 222 | | | 55 | | | 22 | | | General and administrative | | | | | — | | | — | | | 1 | | | Total intangible assets amortization | | | | | $ | 640 | | | $ | 166 | | | $ | 121 | |
The following table summarizes estimated future amortization expense of our intangible assets subject to amortization as of July 31, 2026 (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal years ending July 31, | | Total | | 2027 | | 2028 | | 2029 | | 2030 | | 2031 | | 2032 and Thereafter | | Future amortization expense | $ | 7,017 | | | $ | 1,081 | | | $ | 989 | | | $ | 908 | | | $ | 892 | | | $ | 667 | | | $ | 2,480 | |
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