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Goodwill and Purchased Intangible Assets | 12 Months Ended
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Jul. 27, 2024
Goodwill and Intangible Assets Disclosure [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 27, 2024 and July 29, 2023, as well as the changes to goodwill during fiscal 2024 and 2023 (in millions):
| Balance at July 29, 2023 |  | Splunk |  | Other Acquisitions |  | Foreign Currency Translation and Other |  | Balance at July 27, 2024
Americas | $ | 24,035 |  |  | $ | 11,619 |  |  | $ | 573 |  |  | $ | (58) |  |  | $ | 36,169 |
EMEA | 9,118 |  |  | 4,980 |  |  | 207 |  |  | (22) |  |  | 14,283 |
APJC | 5,382 |  |  | 2,702 |  |  | 137 |  |  | (13) |  |  | 8,208 |
Total | $ | 38,535 |  |  | $ | 19,301 |  |  | $ | 917 |  |  | $ | (93) |  |  | $ | 58,660 |
| Balance at July 30, 2022 |  | Acquisitions |  | Foreign Currency Translation and Other |  | Balance at July 29, 2023
Americas | $ | 23,882 |  |  | $ | 123 |  |  | $ | 30 |  |  | $ | 24,035 |
EMEA | 9,062 |  |  | 44 |  |  | 12 |  |  | 9,118 |
APJC | 5,360 |  |  | 16 |  |  | 6 |  |  | 5,382 |
Total | $ | 38,304 |  |  | $ | 183 |  |  | $ | 48 |  |  | $ | 38,535 |
(b)Purchased Intangible Assets The following tables present details of our intangible assets acquired through acquisitions completed during fiscal 2024 and 2023 (in millions, except years):
| FINITE LIVES |  | INDEFINITE LIVES |  | TOTAL
| TECHNOLOGY |  | CUSTOMER RELATED |  | TRADE NAME |  | IPR&D |
Fiscal 2024 | Weighted- Average Useful Life (in Years) |  | Amount |  | Weighted- Average Useful Life (in Years) |  | Amount |  | Weighted- Average Useful Life (in Years) |  | Amount |  | Amount |  | Amount
Splunk | 6.0 |  | $ | 3,900 |  |  | 9.1 |  | $ | 6,140 |  |  | 12.0 |  | $ | 510 |  |  | $ | — |  |  | $ | 10,550 |
Others | 4.8 |  | 400 |  |  | 4.9 |  | 83 |  |  | 1.3 |  | 3 |  |  | 14 |  |  | 500 |
Total |  |  | $ | 4,300 |  |  |  |  | $ | 6,223 |  |  |  |  | $ | 513 |  |  | $ | 14 |  |  | $ | 11,050 |
| FINITE LIVES | INDEFINITE LIVES |  | TOTAL
| TECHNOLOGY |  | CUSTOMER RELATIONSHIPS |  | IPR&D |
Fiscal 2023 | Weighted- Average Useful Life (in Years) |  | Amount |  | Weighted- Average Useful Life (in Years) |  | Amount |  | Amount |  | Amount
Total acquisitions | 3.7 |  | $ | 138 |  |  | 1.8 |  | $ | 12 |  |  | $ | — |  |  | $ | 150 |
The following tables present details of our purchased intangible assets (in millions):
July 27, 2024 |  | Gross |  | Accumulated Amortization |  | Net
Purchased intangible assets with finite lives: |  |  |  |  |  |
Customer related |  | $ | 6,844 |  |  | $ | (829) |  |  | $ | 6,015 |
Technology |  | 6,680 |  |  | (2,006) |  |  | 4,674 |
Trade name |  | 553 |  |  | (49) |  |  | 504 |
Total purchased intangible assets with finite lives |  | 14,077 |  |  | (2,884) |  |  | 11,193 |
In-process research and development, with indefinite lives |  | 26 |  |  | — |  |  | 26 |
Total |  | $ | 14,103 |  |  | $ | (2,884) |  |  | $ | 11,219 |
July 29, 2023 |  | Gross |  | Accumulated Amortization |  | Net
Purchased intangible assets with finite lives: |  |  |  |  |  |
Technology |  | $ | 2,998 |  |  | $ | (1,691) |  |  | $ | 1,307 |
Customer related |  | 1,228 |  |  | (905) |  |  | 323 |
Other |  | 40 |  |  | (22) |  |  | 18 |
Total purchased intangible assets with finite lives |  | 4,266 |  |  | (2,618) |  |  | 1,648 |
In-process research and development, with indefinite lives |  | 170 |  |  | — |  |  | 170 |
Total |  | $ | 4,436 |  |  | $ | (2,618) |  |  | $ | 1,818 |
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 of our IPR&D intangible assets. The following table presents the amortization of purchased intangible assets, including impairment charges (in millions):
Years Ended |  | July 27, 2024 |  | July 29, 2023 |  | July 30, 2022
Amortization of purchased intangible assets: |  |  |  |  |  |
Cost of sales |  | $ | 955 |  |  | $ | 649 |  |  | $ | 749 |
Operating expenses |  | 698 |  |  | 282 |  |  | 328 |
Total |  | $ | 1,653 |  |  | $ | 931 |  |  | $ | 1,077 |
The estimated future amortization expense of purchased intangible assets with finite lives as of July 27, 2024 is as follows (in millions):
Fiscal Year | Amount
2025 | $ | 2,138 |
2026 | $ | 1,789 |
2027 | $ | 1,445 |
2028 | $ | 1,365 |
2029 | $ | 1,265 |
Thereafter | $ | 3,191 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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