Annual report pursuant to Section 13 and 15(d)

Business Combinations and Asset Acquisitions (Tables)

v3.22.4
Business Combinations and Asset Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Based on the carrying value of acquisition-related intangibles recorded as of December 31, 2022, and assuming no subsequent impairment of the underlying assets, the estimated annual amortization expense for acquisition-related intangibles is expected to be as follows:
Fiscal Year (In millions)
2023 $ 2,804 
2024 2,286 
2025 2,061 
2026 1,951 
2027 1,844 
2028 and thereafter 11,978 
Total $ 22,924 
Schedule of Goodwill
Goodwill
In the second quarter of fiscal year 2022, the Company reassigned goodwill balances among the updated reportable segments to reflect changes in its segment reporting structure. The Company performed a goodwill impairment test immediately prior to and after the segment change and determined that no indicators of impairment to goodwill existed.
The carrying amount of goodwill as of December 31, 2022 and December 25, 2021 was $24.2 billion and $289 million, respectively, and was assigned to reporting units within the following reportable segments:
December 25, 2021 Acquisitions Adjustments and Reassignment due to segment change December 31, 2022
(In millions)
Reportable segments before segment change:
Enterprise, Embedded and Semi-Custom $ 289  $ —  $ (289) $ — 
Xilinx —  22,794  (22,794) — 
Reportable segments after segment change:
Data Center —  1,094  1,790  2,884 
Gaming —  —  238  238 
Embedded —  —  21,055  21,055 
Total $ 289  $ 23,888  $ —  $ 24,177 
During the fourth quarter of fiscal years 2022 and 2021, the Company conducted its annual impairment tests of goodwill and concluded that there was no goodwill impairment with respect to its reporting units.