Apple 2009 Annual Report Download - page 77

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Table of Contents
Other Assets
Accrued Expenses
Non
-Current Liabilities
Note 5 – Goodwill and Other Intangible Assets
The Company is currently amortizing its acquired intangible assets with definite lives over periods ranging from one to ten years. The following
table summarizes the components of gross and net intangible asset balances as of September 26, 2009 and September 27, 2008 (in millions):
In 2008, the Company completed an acquisition of a business for total cash consideration, net of cash acquired, of $220 million, of which $169
million has been allocated to goodwill, $51 million to deferred tax assets and $7 million to acquired intangible assets.
74
2009
2008
Deferred costs under subscription accounting
-
non
-
current
$
1,468
$
1,089
Inventory component prepayments
-
non
-
current
844
208
Deferred tax assets
-
non
-
current
259
138
Capitalized software development costs, net
106
67
Other assets
974
433
Total other assets
$
3,651
$
1,935
2009
2008
Income taxes payable
$
439
$
502
Accrued marketing and distribution
359
329
Accrued compensation and employee benefits
357
320
Deferred margin on component sales
225
681
Accrued warranty and related costs
210
267
Other current liabilities
1,786
1,620
Total accrued expenses
$
3,376
$
3,719
2009
2008
Deferred tax liabilities
$
966
$
675
Other non
-
current liabilities
1,286
746
Total other non
-
current liabilities
$
2,252
$
1,421
2009
2008
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Definite lived and amortizable acquired
technology
$
323
$
(176
)
$
147
$
308
$
(123
)
$
185
Indefinite lived and unamortizable trademarks
100
—
100
100
—
100
Total acquired intangible assets
$
423
$
(176
)
$
247
$
408
$
(123
)
$
285
Goodwill
$
206
$
—
$
206
$
207
$
—
$
207