XML 24 R11.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill The changes in the carrying amount of goodwill are as follows:
(Dollars in millions) | Amount
As of July 3, 2015 | $ | 874 |
Goodwill acquired | 364 |
Goodwill disposed | (1 | )
Foreign currency translation effect | — |
As of July 1, 2016 | $ | 1,237 |
Goodwill acquired | — |
Goodwill disposed | — |
Foreign currency translation effect | 1 |
As of June 30, 2017 | $ | 1,238 |
Other Intangible Assets Other intangible assets consist primarily of existing technology, customer relationships and trade names acquired in business combinations. During fiscal year 2017, the in-process research and development ("IPR&D") of $14 million was completed and reclassified to existing technology. Intangibles are amortized on a straight-line basis over the respective estimated useful lives of the assets. Amortization is charged to Operating expenses in the Consolidated Statements of Operations. In fiscal years 2017, 2016 and 2015, amortization expense for other intangible assets was $168 million, $174 million and $152 million, respectively. The carrying value of other intangible assets subject to amortization, excluding fully amortized intangible assets, as of June 30, 2017, is set forth in the following table:
(Dollars in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Useful Life
Existing technology |  | $ | 280 |  |  | $ | (112 | ) |  | $ | 168 |  |  | 3.6 years
Customer relationships |  | 487 |  |  | (395 | ) |  | 92 |  |  | 3.4 years
Trade name |  | 27 |  |  | (19 | ) |  | 8 |  |  | 2.1 years
Other intangible assets |  | 29 |  |  | (16 | ) |  | 13 |  |  | 2.6 years
Total amortizable other intangible assets |  | $ | 823 |  |  | $ | (542 | ) |  | $ | 281 |  |  | 3.4 years
The carrying value of other intangible assets subject to amortization, excluding fully amortized intangible assets, as of July 1, 2016 is set forth in the following table:
(Dollars in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Useful Life
Existing technology |  | $ | 297 |  |  | $ | (79 | ) |  | $ | 218 |  |  | 4.1 years
Customer relationships |  | 510 |  |  | (328 | ) |  | 182 |  |  | 3.2 years
Trade name |  | 29 |  |  | (14 | ) |  | 15 |  |  | 2.6 years
Other intangible assets |  | 29 |  |  | (10 | ) |  | 19 |  |  | 3.2 years
Total amortizable other intangible assets |  | $ | 865 |  |  | $ | (431 | ) |  | $ | 434 |  |  | 3.6 years
The carrying value of IPR&D not subject to amortization was $14 million on July 1, 2016. As of June 30, 2017, expected amortization expense for other intangible assets for each of the next five years and thereafter is as follows:
(Dollars in millions) |  | Amount
2018 |  | $ | 108 |
2019 |  | 71 |
2020 |  | 53 |
2021 |  | 25 |
2022 |  | 17 |
Thereafter |  | 7 |
|  | $ | 281 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration