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Intangible Assets, Goodwill and Other | 9 Months Ended
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Sep. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets Disclosure | Goodwill and Acquisition-related Intangibles, net Goodwill The carrying amount of goodwill was assigned to reporting units within the following reportable segments:
| December 30, 2023 |  | Acquisitions |  | September 28, 2024
| (In millions)
Data Center | $ | 2,942 |  |  | $ | 461 |  |  | $ | 3,403 |
Client | 18 |  |  | 108 |  |  | 126 |
Gaming | 238 |  |  | — |  |  | 238 |
Embedded | 21,064 |  |  | 8 |  |  | 21,072 |
Total | $ | 24,262 |  |  | $ | 577 |  |  | $ | 24,839 |
Acquisition-related Intangibles, net Acquisition-related intangibles, net were as follows:
| September 28, 2024 |  | December 30, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
| (In millions) |  | (In millions)
Developed technology | $ | 13,409 |  |  | $ | (2,279) |  |  | $ | 11,130 |  |  | $ | 13,390 |  |  | $ | (1,583) |  |  | $ | 11,807 |
Customer relationships | 12,324 |  |  | (4,811) |  |  | 7,513 |  |  | 12,324 |  |  | (3,755) |  |  | 8,569 |
Customer backlog | 809 |  |  | (809) |  |  | — |  |  | 809 |  |  | (809) |  |  | — |
Corporate trade name | 65 |  |  | (65) |  |  | — |  |  | 65 |  |  | (65) |  |  | — |
Product trademarks | 914 |  |  | (205) |  |  | 709 |  |  | 914 |  |  | (147) |  |  | 767 |
Acquisition-related intangible assets subject to amortization | 27,521 |  |  | (8,169) |  |  | 19,352 |  |  | 27,502 |  |  | (6,359) |  |  | 21,143 |
In-process research and development (IPR&D) not subject to amortization | 220 |  |  | — |  |  | 220 |  |  | 220 |  |  | — |  |  | 220 |
Total acquisition-related intangible assets, net | $ | 27,741 |  |  | $ | (8,169) |  |  | $ | 19,572 |  |  | $ | 27,722 |  |  | $ | (6,359) |  |  | $ | 21,363 |
Acquisition-related intangible amortization expense was $585 million and $1.8 billion for the three and nine months ended September 28, 2024, and $660 million and $2.2 billion for the three and nine months ended September 30, 2023, respectively. Based on the carrying value of acquisition-related intangibles recorded as of September 28, 2024, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows:
Fiscal Year | (In millions)
Remainder of 2024 | $ | 565 |
2025 | 2,154 |
2026 | 2,040 |
2027 | 1,922 |
2028 | 1,846 |
2029 and thereafter | 10,825 |
Total | $ | 19,352 |

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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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