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Goodwill and Other Intangibles | 3 Months Ended
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Apr. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | 5 Goodwill and Other Intangibles The carrying amount of goodwill was $436 million and $438 million at April 2, 2022 and December 31, 2021, respectively. The effect of foreign currency translation decreased goodwill by $2 million. The Company’s intangible assets included in the consolidated balance sheets are detailed as follows (dollars in thousands):
|  | April 2, 2022 |  |  | December 31, 2021 |
|  |  |  |  |  |  |  | Weighted- |  |  |  |  |  |  |  |  | Weighted- |
|  | Gross |  |  |  |  |  | Average |  |  | Gross |  |  |  |  |  | Average |
|  | Carrying |  |  | Accumulated |  |  | Amortization |  |  | Carrying |  |  | Accumulated |  |  | Amortization |
|  | Amount |  |  | Amortization |  |  | Period |  |  | Amount |  |  | Amortization |  |  | Period |
Capitalized software |  | $ | 576,013 |  |  | $ | 424,114 |  |  |  | 5 years |  |  | $ | 575,658 |  |  | $ | 420,862 |  |  |  | 5 years |
Purchased intangibles |  |  | 200,284 |  |  |  | 164,372 |  |  |  | 11 years |  |  |  | 201,302 |  |  |  | 163,752 |  |  |  | 11 years |
Trademarks |  |  | 9,680 |  |  |  | — |  |  |  | — |  |  |  | 9,680 |  |  |  | — |  |  |  | — |
Licenses |  |  | 12,339 |  |  |  | 6,285 |  |  |  | 7 years |  |  |  | 12,635 |  |  |  | 6,199 |  |  |  | 7 years |
Patents and other intangibles |  |  | 102,493 |  |  |  | 69,630 |  |  |  | 8 years |  |  |  | 102,353 |  |  |  | 68,414 |  |  |  | 8 years |
Total |  | $ | 900,809 |  |  | $ | 664,401 |  |  |  | 7 years |  |  | $ | 901,628 |  |  | $ | 659,227 |  |  |  | 7 years |
The Company capitalized $12 million and $8 million of intangible assets in the three months ended April 2, 2022 and April 3, 2021, respectively. The gross carrying value of intangible assets and accumulated amortization for intangible assets decreased by $13 million and $10 million, respectively, in the three months ended April 2, 2022 due to the effects of foreign currency translation. Amortization expense for intangible assets was $15 million for both the three months ended April 2, 2022 and April 3, 2021. Amortization expense for intangible assets is estimated to be $64 million per year for each of the next five years.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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