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Goodwill and Purchased Intangible Assets, Net
3 Months Ended
Jul. 25, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Purchased Intangible Assets, Net

3. Goodwill and Purchased Intangible Assets, Net

Goodwill by reportable segment as of July 25, 2025 is as follows (in millions):

 

 

Hybrid Cloud

 

 

Public Cloud

 

 

Total

 

Balance as of April 25, 2025

 

$

1,714

 

 

$

1,009

 

 

$

2,723

 

Impact of foreign currency translation

 

 

 

 

 

11

 

 

 

11

 

Balance as of July 25, 2025

 

$

1,714

 

 

$

1,020

 

 

$

2,734

 

 

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

 

 

 

July 25, 2025

 

 

April 25, 2025

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Assets

 

 

Amortization

 

 

Assets

 

 

Assets

 

 

Amortization

 

 

Assets

 

Developed technology

 

$

55

 

 

$

(36

)

 

$

19

 

 

$

55

 

 

$

(33

)

 

$

22

 

Customer contracts/relationships

 

 

50

 

 

 

(32

)

 

 

18

 

 

 

50

 

 

 

(29

)

 

 

21

 

Other purchased intangibles

 

 

2

 

 

 

(2

)

 

 

 

 

 

2

 

 

 

(2

)

 

 

 

Total purchased intangible assets

 

$

107

 

 

$

(70

)

 

$

37

 

 

$

107

 

 

$

(64

)

 

$

43

 

 

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

 

 

Three Months Ended

Statements of

 

 

July 25, 2025

 

 

July 26, 2024

 

 

Income
Classifications

Developed technology

 

$

3

 

 

$

8

 

 

Cost of revenues

Customer contracts/relationships

 

 

3

 

 

 

6

 

 

Operating expenses

Total

 

$

6

 

 

$

14

 

 

 

 

As of July 25, 2025, future amortization expense related to purchased intangible assets is as follows (in millions):

Fiscal Year

 

Amount

 

2026 (remainder)

 

$

15

 

2027

 

 

21

 

2028

 

 

1

 

Total

 

$

37