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Table of Contents
INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 13: Goodwill
Goodwill activity attributed to reportable operating segments for the years ended December 27, 2008 and December 29, 2007
was as follows:
During 2008, we completed a reorganization that transferred the revenue and costs associated with a portion of the Digital
Home Group’s consumer PC components business to the Digital Enterprise Group. We reassigned $123 million of goodwill
from the Digital Home Group to the Digital Enterprise Group as a result of the reorganization. We reassigned goodwill to the
Digital Enterprise Group based on the relative fair value of the business transferred to the estimated fair value of the Digital
Home Group reporting unit before the reorganization. The remaining goodwill associated with the Digital Home Group
reporting unit is included in the all other category. During 2008, we completed two acquisitions that resulted in goodwill of
$18 million. During 2007, we completed one acquisition that resulted in goodwill of $60 million. For further discussion, see
“Note 11: Acquisitions.”
After completing our annual impairment reviews during the fourth quarter of 2008, 2007, and 2006, we concluded that
goodwill was not impaired in any year.
Note 14: Identified Intangible Assets
We classify identified intangible assets within other long-term assets. Identified intangible assets consisted of the following as
of December 27, 2008:
During 2008, we acquired intellectual property assets for $68 million with a weighted average life of 10 years.
85
Digital
Enterprise
Mobility
(In Millions)
Group
Group
All Other
Total
December 30, 2006
$
3,390
$
248
$
223
$
3,861
Addition
—
—
60
Other
(5
)
—
—
(
5
)
December 29, 2007
3,385
248
283
3,916
Additions
9
—
9
Transfer
123
—
(
123
)
—
Other
(2
)
—
—
(
2
)
December 27, 2008
$
3,515
$
248
$
169
$
3,932
Accumulated
(In Millions)
Gross Assets
Amortization
Net
Intellectual property assets
$
1,206
$
(582
)
$
624
Acquisition
-
related developed technology
22
(8
)
Other intangible assets
340
(203
)
137
Total identified intangible assets
$
1,568
$
(793
)
$
775