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Goodwill and Purchased Intangible Assets, Net (Tables)
9 Months Ended
Jan. 24, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill by reportable segment

Goodwill by reportable segment as of January 24, 2025 is as follows (in millions):

 

 

Amount

 

Hybrid Cloud

 

$

1,714

 

Public Cloud

 

 

1,009

 

Total goodwill

 

$

2,723

 

During the third quarter of fiscal year 2025, we allocated a portion of the Public Cloud goodwill to the disposal group classified as held for sale. See section entitled "Assets and liabilities held for sale" contained in Note 4 – Supplemental Financial Information, for additional information related to this reclassification.

Purchased Intangible Assets, Net

Purchased intangible assets, net are summarized below (in millions):

 

 

January 24,
 2025

 

 

April 26,
  2024

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

55

 

 

$

(30

)

 

$

25

 

 

$

179

 

 

$

(108

)

 

$

71

 

Customer contracts/relationships

 

 

50

 

 

 

(26

)

 

 

24

 

 

 

114

 

 

 

(62

)

 

 

52

 

Other purchased intangibles

 

 

2

 

 

 

(2

)

 

 

 

 

 

6

 

 

 

(5

)

 

 

1

 

Total purchased intangible assets

 

$

107

 

 

$

(58

)

 

$

49

 

 

$

299

 

 

$

(175

)

 

$

124

 

Amortization Expense for Purchased Intangible Assets

Amortization expense for purchased intangible assets is summarized below (in millions):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

Statements of

 

 

January 24,
 2025

 

 

January 26,
2024

 

 

January 24,
 2025

 

 

January 26,
2024

 

 

Income
Classification

Developed technology

 

$

8

 

 

$

9

 

 

$

25

 

 

$

26

 

 

Cost of revenues

Customer contracts/relationships

 

 

5

 

 

 

5

 

 

 

16

 

 

 

16

 

 

Operating expenses

Other purchased intangibles

 

 

 

 

 

 

 

 

 

 

 

1

 

 

Operating expenses

Total

 

$

13

 

 

$

14

 

 

$

41

 

 

$

43

 

 

 

Future Amortization Expense Related to Purchased Intangible Assets

As of January 24, 2025, future amortization expense related to purchased intangible assets is as follows (in millions):

Fiscal Year

 

Amount

 

2025 (remainder)

 

$

6

 

2026

 

 

21

 

2027

 

 

21

 

2028

 

 

1

 

Total

 

$

49