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Acquired Developed Technology and Other Intangibles | 6 Months Ended
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Dec. 30, 2023
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 (in millions):
As of December 30, 2023 |  |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Acquired developed technology |  |  | $ | 438.9 |  |  | $ | (397.5) |  |  | $ | 41.4 |
Customer relationships |  |  | 195.5 |  |  | (189.0) |  |  | 6.5 |
Other (1) |  |  | 39.8 |  |  | (39.5) |  |  | 0.3 |
Total intangibles |  |  | $ | 674.2 |  |  | $ | (626.0) |  |  | $ | 48.2 |
As of July 1, 2023 |  |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Acquired developed technology |  |  | $ | 438.5 |  |  | $ | (390.2) |  |  | $ | 48.3 |
Customer relationships |  |  | 195.2 |  |  | (185.9) |  |  | 9.3 |
Other (1) |  |  | 39.8 |  |  | (38.8) |  |  | 1.0 |
Total intangibles |  |  | $ | 673.5 |  |  | $ | (614.9) |  |  | $ | 58.6 |
(1)Other intangibles consist of customer backlog, patents, proprietary know-how and trade secrets, trademarks and trade names. The following table presents the amortization recorded relating to acquired developed technology, customer relationships and other intangibles (in millions):
| Three Months Ended |  | Six Months Ended
| December 30, 2023 |  | December 31, 2022 |  | December 30, 2023 |  | December 31, 2022
Cost of revenues | $ | 3.4 |  |  | $ | 5.7 |  |  | $ | 6.9 |  |  | $ | 12.8 |
Operating expenses | 1.4 |  |  | 2.2 |  |  | 3.5 |  |  | 4.4 |
Total amortization of intangible assets | $ | 4.8 |  |  | $ | 7.9 |  |  | $ | 10.4 |  |  | $ | 17.2 |
Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of December 30, 2023, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):
Fiscal Years |
Remainder of 2024 | $ | 9.6 |
2025 | 15.9 |
2026 | 11.4 |
2027 | 7.6 |
2028 | 3.0 |
Thereafter | 0.7 |
Total amortization | $ | 48.2 |
The acquired developed technology, customer relationships and other intangible balances are adjusted quarterly to record the effect of currency translation adjustments.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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