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Acquired Developed Technology and Other Intangibles | 12 Months Ended
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Jun. 27, 2020
Acquired Developed Technology and Other Intangibles |
Acquired Developed Technology and Other Intangibles | Note 10. Acquired Developed Technology and Other Intangibles The following tables present details of the Company’s acquired developed technology, customer relationships and other intangibles as of June 27, 2020, and June 29, 2019, (in millions):
As of June 27, 2020 | Weighted-Average Remaining Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Acquired developed technology | 3.7 years |  | $ | 437.1 |  |  | $ | (341.6 | ) |  | $ | 95.5 |
Customer relationships | 2.6 years |  | 194.7 |  |  | (154.1 | ) |  | 40.6 |
Other (1) | 2.0 years |  | 35.7 |  |  | (23.7 | ) |  | 12.0 |
Total intangibles |  |  | $ | 667.5 |  |  | $ | (519.4 | ) |  | $ | 148.1 |
As of June 29, 2019 | Weighted-Average Remaining Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Acquired developed technology | 4.7 years |  | $ | 437.0 |  |  | $ | (311.1 | ) |  | $ | 125.9 |
Customer relationships | 3.1 years |  | 193.7 |  |  | (126.3 | ) |  | 67.4 |
Other (1) | 3.3 years |  | 36.1 |  |  | (17.8 | ) |  | 18.3 |
Total intangibles |  |  | $ | 666.8 |  |  | $ | (455.2 | ) |  | $ | 211.6 |
(1) | Other intangibles consist of customer backlog, non-competition agreements, patents, proprietary know-how and trade secrets, trademarks and trade names.
In connection with the AW acquisition, the Company recorded an IPR&D asset, at its fair value and subsequently accounts for it as an indefinite-lived asset until completion or abandonment of the associated research and development projects. During the third quarter of fiscal 2019 the IPR&D activities were completed and transferred to developed technology, with an estimated useful life of 6 years. Refer to “Note 5. Acquisitions” for more information related to acquisitions. During fiscal 2020, 2019 and 2018, the Company recorded $67.8 million, $72.5 million and $47.7 million, respectively, of amortization related to acquired developed technology and other intangibles. The following table presents details of the Company’s amortization (in millions):
| Years Ended
| June 27, 2020 |  | June 29, 2019 |  | June 30, 2018
Cost of revenues | $ | 32.7 |  |  | $ | 34.4 |  |  | $ | 26.7 |
Operating expense | 35.1 |  |  | 38.1 |  |  | 21.0 |
Total | $ | 67.8 |  |  | $ | 72.5 |  |  | $ | 47.7 |
Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of June 27, 2020, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):
Fiscal Years |
2021 | $ | 63.9 |
2022 | 37.8 |
2023 | 24.1 |
2024 | 10.2 |
2025 | 6.6 |
Thereafter | 5.5 |
Total amortization | $ | 148.1 |

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