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Goodwill and Intangible Assets | 12 Months Ended
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Sep. 27, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The table below presents changes in the carrying amount of goodwill for the periods presented:
(Amounts in millions) |  | Total
Balance as of September 30, 2022 |  | $ | 3,002 |
Acquisition of PAE (1) |  | 75 |
Goodwill impairment charges |  | (186) |
Balance as of September 29, 2023 |  | 2,891 |
Acquisition of CMS |  | 2,665 |
Balance as of September 27, 2024 |  | $ | 5,556 |
(1) Represents changes to goodwill resulting from measurement period adjustments recorded in fiscal year 2023 associated with the acquisition of PAE Incorporated (“PAE”) purchase price allocation. During the first quarter of fiscal year 2023, we amended our organizational structure and performed an interim goodwill impairment test. Our interim quantitative goodwill impairment test concluded that the carrying value of one reporting unit exceeded its fair value. As a result, a non-cash impairment charge of $186 million was recognized during the year ended September 29, 2023. Had the information included in the quantitative test been known at the date of our fiscal year 2022 annual impairment test, there would have been no material change in the measurement of the impairment charge. In the fourth quarter of fiscal year 2024, we performed our annual goodwill impairment test and concluded no impairment charges were necessary. Accumulated goodwill impairment was $294 million as of both September 27, 2024 and September 29, 2023. Intangible Assets Intangible assets, net consisted of the following:
| As of September 27, 2024
(Amounts in millions, except years) | Weighted Average Useful Life (Years) |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Backlog | 2.4 |  | $ | 931 |  |  | $ | (552) |  |  | $ | 379 |
Customer relationship intangible assets | 12.9 |  | 2,781 |  |  | (550) |  |  | 2,231 |
Capitalized software | 4.8 |  | 23 |  |  | (10) |  |  | 13 |
Total intangible assets, net |  |  | $ | 3,735 |  |  | $ | (1,112) |  |  | $ | 2,623 |
| As of September 29, 2023
(Amounts in millions, except years) | Weighted Average Useful Life (Years) |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Backlog | 6.7 |  | $ | 702 |  |  | $ | (547) |  |  | $ | 155 |
Customer relationship intangible assets | 11.1 |  | 1,191 |  |  | (372) |  |  | 819 |
Capitalized software | 5.3 |  | 21 |  |  | (7) |  |  | 14 |
Total intangible assets, net |  |  | $ | 1,914 |  |  | $ | (926) |  |  | $ | 988 |
Amortization expense was $228 million, $298 million and $272 million for the years ended September 27, 2024, September 29, 2023 and September 30, 2022, respectively. Future amortization expense is expected to be as follows:
Year Ending September 30, | (Amounts in millions)
2025 | $ | 481 |
2026 | 417 |
2027 | 345 |
2028 | 270 |
2029 | 225 |
Thereafter | 885 |
Total | $ | 2,623 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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