Goodwill and Other Intangibles

12 Months Ended

Dec. 01, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by reportable segment and activity was as follows:


(in millions)	Digital Media		Digital Experience		Publishing and Advertising		Total Goodwill
Balances at December 3, 2021	$	3,731	$	8,539	$	398	$	12,668
Acquisitions	161		—		—		161
Foreign currency translation	(3)		(39)		—		(42)
Balances at December 2, 2022	$	3,889	$	8,500	$	398	$	12,787

Foreign currency translation	1		17		—		18
Balances at December 1, 2023	$	3,890	$	8,517	$	398	$	12,805

Other intangibles, net, as of December 1, 2023 and December 2, 2022 were as follows:


(in millions)	2023						2022
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Customer contracts and relationships	$	1,204	$	(619)	$	585	$	1,204	$	(495)	$	709
Purchased technology	984		(647)		337		1,060		(530)		530
Trademarks	376		(217)		159		375		(172)		203


Other	22		(15)		7		61		(54)		7
Other intangibles, net	$	2,586	$	(1,498)	$	1,088	$	2,700	$	(1,251)	$	1,449

Amortization expense related to other intangibles was $375 million, $405 million and $354 million for fiscal 2023, 2022 and 2021 respectively. Of these amounts, $207 million, $236 million and $181 million were included in cost of sales for fiscal 2023, 2022 and 2021 respectively.

Other intangibles are amortized over their estimated useful lives of 3 to 14 years. As of December 1, 2023, the estimated aggregate amortization expense for each of the five succeeding fiscal years was as follows:


(in millions)
Fiscal Year	Other Intangibles (1)
2024	$	334
2025	299
2026	146
2027	105
2028	62
Thereafter	122
Total expected amortization expense	$	1,068

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(1)Excludes capitalized in-process research and development which is considered indefinite lived until the completion or abandonment of the associated research and development efforts.