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 March 29, 2025 and June 29, 2024 (in millions):



As of March 29, 2025	Gross Carrying Amount		Accumulated Amortization		Net
Acquired developed technology	$	538.4	$	(414.9)	$	123.5
Customer relationships	205.7		(195.0)		10.7
Other (1)	43.1		(37.6)		5.5
Total intangibles	$	787.2	$	(647.5)	$	139.7



As of June 29, 2024	Gross Carrying Amount		Accumulated Amortization		Net
Acquired developed technology	$	436.2	$	(401.9)	$	34.3
Customer relationships	194.8		(191.0)		3.8

Other (1)	36.7		(36.6)		0.1
Total intangibles	$	667.7	$	(629.5)	$	38.2

(1)Other intangibles consist primarily of 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				Nine Months Ended
	March 29, 2025		March 30, 2024		March 29, 2025		March 30, 2024
Cost of revenues	$	6.1	$	3.5	$	12.7	$	10.4
Operating expenses	1.2		1.5		3.3		5.0
Total amortization of intangible assets	$	7.3	$	5.0	$	16.0	$	15.4

Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of March 29, 2025, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):


Fiscal Years
Remainder of 2025	$	8.3
2026	31.4
2027	26.4
2028	20.3
2029	17.3
Thereafter	36.0
Total amortization	$	139.7

The acquired developed technology, customer relationships and other intangibles balances are adjusted quarterly to record the effect of currency translation adjustments.