Goodwill and Intangible Assets

6 Months Ended

Oct. 01, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The changes in the carrying amount of goodwill were as follows:


(In millions)
Balance as of April 2, 2021	$	2,867
Acquisition	40
Purchase accounting adjustment	(7)
Translation adjustments	(4)
Balance as of October 1, 2021	$	2,896

On September 15, 2021, we completed an acquisition of an online reputation management and digital privacy solutions company for total aggregate consideration of $40 million. The purchase price was preliminarily allocated to goodwill and will be finalized during the third quarter of fiscal 2022.

Intangible assets, net


	October 1, 2021						April 2, 2021
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	567	$	(340)	$	227	$	556	$	(299)	$	257
Developed technology	210		(125)		85		210		(104)		106
Other	7		(1)		6		7		(1)		6
Total finite-lived intangible assets	784		(466)		318		773		(404)		369
Indefinite-lived trade names	746		—		746		747		—		747
Total intangible assets	$	1,530	$	(466)	$	1,064	$	1,520	$	(404)	$	1,116

Amortization expense for purchased intangible assets is summarized below:


	Three Months Ended				Six Months Ended				Condensed Statements of Operations Classification
(In millions)	October 1, 2021		October 2, 2020		October 1, 2021		October 2, 2020
Customer relationships and other	$	21	$	18	$	42	$	36	Operating expenses
Developed technology	11		7		21		14		Cost of revenues
Total	$	32	$	25	$	63	$	50

As of October 1, 2021, future amortization expense related to intangible assets that have finite lives is as follows by fiscal year:


(In millions)
Remainder of 2022	$	59
2023	101
2024	88
2025	29
2026	24
Thereafter	17
Total	$	318