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Goodwill and Intangible Assets | 12 Months Ended
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Oct. 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | . GOODWILL AND INTANGIBLE ASSETS The Company’s goodwill balance was $2,176.7 million and $1,189.8 million as of October 1, 2021, and October 2, 2020, respectively. Goodwill increased by $986.9 million in fiscal 2021 due to acquisitions completed during the period. See Note 3 to Item 8 of this Annual Report on Form 10-K for a detailed discussion of goodwill acquired. The Company performed an impairment test of its goodwill as of the first day of the fourth fiscal quarter in accordance with its regularly scheduled testing. The results of this test indicated that the Company’s goodwill was not impaired. There were no other indicators of impairment noted during the fiscal year ended October 1, 2021. Intangible assets consist of the following (in millions):
|  | As of |  | As of
| Weighted average amortization period (years) | October 1, 2021 |  | October 2, 2020
| Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount
Customer relationships and backlog | 2.5 | $ | 174.3 |  |  | $ | (44.0) |  |  | $ | 130.3 |  |  | $ | 18.2 |  |  | $ | (15.8) |  |  | $ | 2.4 |
Developed technology and other | 4.2 | 1,036.9 |  |  | (88.0) |  |  | 948.9 |  |  | 101.0 |  |  | (81.6) |  |  | 19.4 |
Trademarks | 3.0 | 1.0 |  |  | (1.0) |  |  | — |  |  | 1.6 |  |  | (1.5) |  |  | 0.1 |
Technology licenses | 2.6 | 48.4 |  |  | (23.9) |  |  | 24.5 |  |  | $ | 26.3 |  |  | (14.2) |  |  | 12.1 |
IPR&D |  | 594.9 |  |  | — |  |  | 594.9 |  |  | $ | 19.5 |  |  | — |  |  | 19.5 |
Total intangible assets |  | $ | 1,855.5 |  |  | $ | (156.9) |  |  | $ | 1,698.6 |  |  | $ | 166.6 |  |  | $ | (113.1) |  |  | $ | 53.5 |
Fully amortized intangible assets are eliminated from both the gross and accumulated amortization amounts in the first quarter of each fiscal year. Annual amortization expense for the next five fiscal years related to definite-lived intangible assets, excluding IPR&D, is expected to be as follows (in millions):
| 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | Thereafter
Amortization expense, cost of goods sold | $ | 156.1 |  |  | $ | 144.0 |  |  | $ | 129.5 |  |  | $ | 115.1 |  |  | $ | 100.8 |  |  | $ | 298.8 |
Amortization expense, operating expense | $ | 110.3 |  |  | $ | 40.3 |  |  | $ | 5.4 |  |  | $ | 2.3 |  |  | $ | 1.1 |  |  | $ | — |
Total amortization expense | $ | 266.4 |  |  | $ | 184.3 |  |  | $ | 134.9 |  |  | $ | 117.4 |  |  | $ | 101.9 |  |  | $ | 298.8 |

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- 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
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