Goodwill acquired during the period

[Table of Contents](#i02bedaa3ef9a402693e3fc0f0d740b61_7)5. Goodwill and Intangible AssetsIntangible assets consisted of the following:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Gross CarryingAmount |  | AccumulatedAmortization |  | Net Book Value |
|  |  |  |  |  |  |  |
|  |  | (In millions) |
| As of July 31, 2022: |  |   |  |   |  |   |
| Purchased technology |  | $ | 21,792  |  |  | $ | (17,065) |  |  | $ | 4,727  |  |
| Customer contracts and related relationships |  | 8,347  |  |  | (5,510) |  |  | 2,837  |  |
| Order backlog |  | 1,288  |  |  | (1,152) |  |  | 136  |  |
| Trade names |  | 700  |  |  | (353) |  |  | 347  |  |
| Other |  | 183  |  |  | (85) |  |  | 98  |  |
| Intangible assets subject to amortization |  | 32,310  |  |  | (24,165) |  |  | 8,145  |  |
| In-process research and development |  | 29  |  |  | —  |  |  | 29  |  |
| Total |  | $ | 32,339  |  |  | $ | (24,165) |  |  | $ | 8,174  |  |
|  |  |  |  |  |  |  |
| As of October 31, 2021: |  |   |  |   |  |   |
| Purchased technology |  | $ | 23,932  |  |  | $ | (17,148) |  |  | $ | 6,784  |  |
| Customer contracts and related relationships |  | 8,356  |  |  | (4,533) |  |  | 3,823  |  |
| Order backlog |  | 2,579  |  |  | (2,352) |  |  | 227  |  |
| Trade names |  | 787  |  |  | (386) |  |  | 401  |  |
| Other |  | 239  |  |  | (127) |  |  | 112  |  |
| Intangible assets subject to amortization |  | 35,893  |  |  | (24,546) |  |  | 11,347  |  |
| In-process research and development |  | 27  |  |  | —  |  |  | 27  |  |
| Total |  | $ | 35,920  |  |  | $ | (24,546) |  |  | $ | 11,374  |  |

During the three fiscal quarters ended July 31, 2022, we completed three acquisitions qualifying as business combinations. In connection with the acquisitions, we recorded $158 million of goodwill and $106 million of intangible assets primarily within our infrastructure software segment.Based on the amount of intangible assets subject to amortization as of July 31, 2022, the expected amortization expense was as follows:

|  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |
| Fiscal Year: |  | Expected Amortization Expense |
|  |  | (In millions) |
| 2022 (remainder) |  | $ | 1,067  |  |
| 2023 |  | 3,254  |  |
| 2024 |  | 2,387  |  |
| 2025 |  | 680  |  |
| 2026 |  | 343  |  |
| Thereafter |  | 414  |  |
| Total |  | $ | 8,145  |  |

13
