Cisco 2004 Annual Report Download - page 45

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The following tables present details of the Company’s total purchased intangible assets (in millions):
Accumulated
July 31, 2004 Gross Amortization Net
Technology $ 627 $(452) $ 175
Technology licenses 252 (239) 13
Customer relationships 88 (20) 68
Trade names 90 (43) 47
Other 131 (109) 22
Total $1,188 $ (863) $ 325
July 26, 2003
Technology $ 639 $ (349) $ 290
Technology licenses 523 (447) 76
Customer relationships 75 (1) 74
Trade names 89 (24) 65
Other 160 (109) 51
Total $1,486 $ (930) $ 556
The following table presents details of the amortization expense of purchased intangible assets as reported in the Consolidated
Statements of Operations (in millions):
Years Ended July 31, 2004 July 26, 2003 July 27, 2002
Reported as:
Cost of sales $13 $15 $22
Operating expenses 242 394 699
Total $255 $ 409 $ 721
The estimated future amortization expense of purchased intangible assets as of July 31, 2004, is as follows (in millions):
Fiscal Year Amount
2005 $185
2006 82
2007 40
2008 18
Total $ 325
48 CISCO SYSTEMS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS