v3.24.3
Identified Intangible Assets
 9 Months Ended
Sep. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Identified Intangible Assets Identified Intangible Assets
Identified intangible assets as of September 29, 2024 and December 31, 2023, respectively, were composed of the following:
September 29, 2024December 31, 2023
Gross
 carrying
amount		Accumulated
amortization		Gross carrying
amount		Accumulated
amortization
In-process R&D (IPR&D) 1)
33 — 70 — 
Customer-related791 (388)788 (352)
Technology-based929 (630)1,406 (990)
Identified intangible assets1,753 (1,018)2,264 (1,342)
1) IPR&D is not subject to amortization until completion or abandonment of the associated research and development effort.
The estimated amortization expense for these identified intangible assets for each of the five succeeding years is:
2024 (remaining) 70 
2025180 
202699 
202771 
202863 
Thereafter252 

All intangible assets, excluding IPR&D and goodwill, are subject to amortization and have no assumed residual value.

The expected weighted average remaining life of identified intangibles is 5 years as of September 29, 2024 (December 31, 2023: 4 years).