v3.24.3
Goodwill and Intangible Assets
 3 Months Ended
Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The following table presents details of our goodwill during the three months ended October 31, 2024 (in millions):
Amount
Balance as of July 31, 2024$3,350.1 
Goodwill acquired700.7 
Balance as of October 31, 2024$4,050.8 
Purchased Intangible Assets
The following table presents details of our purchased intangible assets as of October 31, 2024 and July 31, 2024 (in millions):
October 31, 2024July 31, 2024
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Intangible assets subject to amortization:
Developed technology$825.9 $(555.3)$270.6 $813.9 $(526.2)$287.7 
Customer relationships636.7 (107.7)529.0 172.7 (96.1)76.6 
Acquired intellectual property18.2 (8.4)9.8 18.2 (7.9)10.3 
Trade name and trademarks9.4 (9.4)— 9.4 (9.4)— 
Other0.9 (0.7)0.2 0.9 (0.6)0.3 
Total purchased intangible assets$1,491.1 $(681.5)$809.6 $1,015.1 $(640.2)$374.9 
We recognized amortization expense of $41.3 million and $24.9 million for the three months ended October 31, 2024 and 2023, respectively.
The following table summarizes estimated future amortization expense of our intangible assets subject to amortization as of October 31, 2024 (in millions):
Fiscal years ending July 31,
Total Remaining 202520262027202820292030 and Thereafter
Future amortization expense$809.6 $124.5 $140.6 $109.7 $88.8 $62.8 $283.2