Annual report pursuant to Section 13 and 15(d)

Business Combinations and Asset Acquisitions (Tables)

v3.24.0.1
Business Combinations and Asset Acquisitions (Tables)
 12 Months Ended
Dec. 30, 2023
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 30, 2023, 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)
2024 $ 2,371 
2025 2,145 
2026 2,034 
2027 1,922 
2028 1,846 
2029 and thereafter 10,825 
Total $ 21,143 
Schedule of Goodwill
Goodwill
The carrying amount of goodwill as of December 30, 2023 and December 31, 2022 was $24.3 billion and $24.2 billion, 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 Acquisitions
December 30,
2023
(In millions) (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  58  2,942 
Client —  —  —  —  18  18 
Gaming —  —  238  238  —  238 
Embedded —  —  21,055  21,055  9  21,064 
Total $ 289  $ 23,888  $ —  $ 24,177  $ 85  $ 24,262 
*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.
During the fourth quarter of fiscal years 2023 and 2022, the Company conducted its annual qualitative impairment tests of goodwill and concluded that there was no goodwill impairment with respect to its reporting units.