Symantec 2016 Annual Report Download - page 158
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Goodwill
The changes in the carrying amount of goodwill are as follows:
Consumer
Security
Enterprise
Security Total
(Dollars in millions)
Balance as of March 28, 2014 $ 1,233 $ 1,918 $3,151
Acquisitions - 11 11
Translation adjustments (3) (13) (16)
Balance as of April 3, 2015 1,230 1,916 3,146
Translation adjustments 1 1 2
Balance as of April 1, 2016 $ 1,231 $ 1,917 $3,148
Intangible assets, net
April 1, 2016 April 3, 2015
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
(Dollars in millions)
Customer relationships $ 406 $ (320) $ 86 $ 637 $ (498) $ 139
Developed technology 144 (84) 60 200 (117) 83
Finite-lived trade names 2 (2) - 21 (19) 2
Patents 21 (18) 3 21 (17) 4
Total finite-lived intangible
assets 573 (424) 149 879 (651) 228
Indefinite-lived trade names 294 - 294 297 - 297
Total $ 867 $ (424) $ 443 $ 1,176 $ (651) $ 525
Goodwill and intangible assets that were disposed of as a result of our sale of Veritas were included in assets
classified as discontinued operations in our Consolidated Balance Sheets as of April 3, 2015, and accordingly, are
excluded from the tables above.
As of April 1, 2016, future amortization expense related to intangible assets that have finite lives is as
follows by fiscal year:
April 1, 2016
(Dollars in millions)
2017 $68
2018 51
2019 25
2020 5
Total $ 149
70