XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill and Other Intangibles | 9 Months Ended
--- | ---
Sep. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLES | GOODWILL AND OTHER INTANGIBLES Goodwill as of September 3, 2021 and November 27, 2020 was $11.84 billion and $10.74 billion, respectively. The increase was primarily due to our acquisition of Workfront in the first quarter of fiscal 2021. We continually monitor events and changes in circumstances that could indicate that the fair value of any one of our reporting units may more likely than not have fallen below its respective carrying amount. We have not identified any such events or changes in circumstances since the performance of our annual goodwill impairment test during the second quarter of fiscal 2021 that would require us to perform another goodwill impairment test. Other intangible assets subject to amortization as of September 3, 2021 and November 27, 2020 were as follows:
(in millions) | 2021 |  | 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Customer contracts and relationships | $ | 1,233 |  |  | $ | (370) |  |  | $ | 863 |  |  | $ | 958 |  |  | $ | (289) |  |  | $ | 669 |
Purchased technology | 730 |  |  | (326) |  |  | 404 |  |  | 756 |  |  | (347) |  |  | 409 |
Trademarks | 372 |  |  | (116) |  |  | 256 |  |  | 384 |  |  | (122) |  |  | 262 |
Other | 60 |  |  | (26) |  |  | 34 |  |  | 84 |  |  | (65) |  |  | 19 |
Other intangibles, net | $ | 2,395 |  |  | $ | (838) |  |  | $ | 1,557 |  |  | $ | 2,182 |  |  | $ | (823) |  |  | $ | 1,359 |
During the nine months ended September 3, 2021, other intangibles increased primarily due to identifiable intangible assets acquired through Workfront, partially offset by certain other intangibles associated with our previous acquisitions that became fully amortized and were removed from the condensed consolidated balance sheets. Amortization expense related to other intangibles was $83 million and $262 million for the three and nine months ended September 3, 2021, respectively. Comparatively, amortization expense related to other intangible assets was $92 million and $281 million for the three and nine months ended August 28, 2020, respectively. Of these amounts, $40 million and $130 million were included in cost of revenue for the three and nine months ended September 3, 2021, respectively, and $51 million and $158 million were included in cost of revenue for the three and nine months ended August 28, 2020, respectively. As of September 3, 2021, we expect amortization expense in future periods to be as follows:
(in millions) |  | Other Intangibles
Remainder of 2021 | $ | 82 |
2022 | 313 |
2023 | 282 |
2024 | 238 |
2025 | 216 |
Thereafter | 426 |
Total expected amortization expense | $ | 1,557 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration