Apple 2002 Annual Report Download - page 53

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Accrued Expenses
(in millions)
Interest and Other Income, Net
(in millions)
Note 4—Acquisitions
Goodwill and Other Acquisition-Related Intangibles
The following table summarizes the components of gross and net intangible asset balances (in millions):
(a)
2002
2001
Accrued compensation and employee benefits $
93
$
88
Accrued marketing and sales programs
136
131
Deferred revenue
253
184
Accrued warranty and related costs
69
87
Other current liabilities
196
227
Total accrued expenses $
747
$
717
2002
2001
2000
Interest income
$
118
$
218
$
210
Interest expense
(11
)
(16
)
(21
)
Foreign currency gain (loss), net
4
15
1
Net premiums and discounts on foreign exchange instruments
(11
)
(8
)
7
Miscellaneous other income and expense
12
8
6
Total interest and other income, net
$
112
$
217
$
203
September 28, 2002
September 29, 2001
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Goodwill (a)
$
85
—
$
85
$
66
—
$
66
Other acquired intangible assets
5
(5
)
—
5
(4
)
1
Acquired technology
42
(8
)
34
12
(3
)
9
Total acquired intangible assets
$
132
$
(13
)
$
119
$
83
$
(7
)
$
76
Accumulated amortization related to goodwill of $55 million arising prior to the adoption of SFAS No. 142 has been reflected in the
gross carrying amount of goodwill as of September 28, 2002 and September 29, 2001.
67
Expected annual amortization expense related to acquired technology is as follows (in millions):
Fiscal Years:
2003 $
9
2004
7
2005
6