v3.24.1.u1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Amount of Goodwill by Reportable Segment
The following table presents changes in the carrying amount of goodwill by reportable segment:
National Security and DigitalHealth & CivilCommercial & InternationalDefense SystemsTotal
(in millions)
Goodwill at December 30, 2022
$2,755 $1,366 $1,389 $1,186 $6,696 
Goodwill Impairment— — (596)— (596)
Acquisitions of a business(1)
— — (4)— (4)
Foreign currency translation adjustments3 — 11 2 16 
Goodwill at December 29, 2023(2)
$2,758 $1,366 $800 $1,188 $6,112 
Foreign currency translation adjustments— — (13)— (13)
Goodwill at March 29, 2024(2)
$2,758 $1,366 $787 $1,188 $6,099 
(1) Adjustment to goodwill resulting from a measurement period purchase accounting adjustment.
(2) Carrying amount includes accumulated impairment loss of $596 million within the Commercial & International segment.
Schedule of Intangible Assets
Intangible assets, net consisted of the following:
March 29, 2024December 29, 2023
Gross carrying value Accumulated amortizationNet carrying valueGross carrying valueAccumulated amortizationNet carrying value
(in millions)
Finite-lived intangible assets:
Programs
$1,687 $(1,204)$483 $1,689 $(1,175)$514 
Software and technology
262 (149)113 263 (144)119 
Customer relationships
52 (23)29 52 (22)30 
Total finite-lived intangible assets
2,001 (1,376)625 2,004 (1,341)663 
Indefinite-lived intangible assets:
Trade names4 — 4 4 — 4 
Total intangible assets$2,005 $(1,376)$629 $2,008 $(1,341)$667 
Schedule of Estimated Annual Amortization Expense
The estimated annual amortization expense as of March 29, 2024, was as follows:
Fiscal year ending
(in millions)
2024 (remainder of year)$110 
2025120 
202698 
202772 
202862 
2029 and thereafter163 
$625