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Acquired Intangibles (Tables)
12 Months Ended
Jun. 24, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Life, Gross Carrying Value of Acquired Intangible Assets, and Related Accumulated Amortization

The following table summarizes the life, the gross carrying value of our acquired intangible assets, and the related accumulated amortization as of the end of fiscal 2017 and 2016 (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

 

Life in Years

 

 

2017

 

 

2016

 

Display driver  technology

 

 

5.3

 

 

$

164.0

 

 

$

164.0

 

Fingerprint authentication technology

 

 

4.3

 

 

 

63.5

 

 

 

75.6

 

Customer relationships

 

 

2.8

 

 

 

48.4

 

 

 

48.4

 

Licensed technology and other

 

 

5.0

 

 

 

1.3

 

 

 

1.3

 

Patents

 

 

7.7

 

 

 

4.8

 

 

 

4.8

 

Supplier arrangement

 

 

 

 

 

 

-

 

 

 

22.0

 

Acquired intangibles, gross

 

 

4.3

 

 

 

282.0

 

 

 

316.1

 

Accumulated amortization

 

 

 

 

 

 

(181.0

)

 

 

(155.8

)

Acquired intangibles, net

 

 

 

 

 

$

101.0

 

 

$

160.3

 

 

Schedule of Expected Annual Aggregate Amortization Expense

The following table presents expected annual aggregate amortization expense in future fiscal years (in millions):

 

2018

 

$

48.6

 

2019

 

 

34.2

 

2020

 

 

10.6

 

2021

 

 

3.5

 

2022

 

 

3.5

 

Thereafter

 

 

0.6

 

Future amortization

 

$

101.0