v3.26.3
Intangibles
3 Months Ended
Oct. 03, 2026
Acquired Developed Technology and Other Intangible Assets [Abstract]  
Intangibles
Note 10. Intangibles
The following tables present details of the Company’s acquired developed technology, customer relationships and other intangibles as of October 3, 2026 and June 27, 2026 (in millions):
As of October 3, 2026Weighted-Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet
Acquired developed technology 4.4 years$674.6 $(474.4)$200.2 
Customer relationships7.9 years353.0 (194.5)158.5 
Other(1)
2.9 years60.4 (48.1)12.3 
Total intangibles$1,088.0 $(717.0)$371.0 
As of June 27, 2026Weighted-Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet
Acquired developed technology4.5 years$667.5 $(461.5)$206.0 
Customer relationships8.1 years346.4 (189.4)157.0 
Other(1)
2.9 years60.4 (45.8)14.6 
Total intangibles$1,074.3 $(696.7)$377.6 
(1)Other intangibles consist of proprietary know-how and trade secrets, trademarks and trade names.
Amortization expense related to intangibles was $20.1 million and $8.4 million for the three months ended October 3, 2026 and September 27, 2025, respectively.    
Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of October 3, 2026, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):
Fiscal Years
Remainder of 2027$59.1 
202869.6 
202965.1 
203064.1 
203142.4 
Thereafter70.7 
Total amortization$371.0