AMD 2010 Annual Report Download - page 100

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relationships, and the trademarks and trade names. The Company measured the amount of impairment by
calculating the amount by which the carrying value of the assets exceeded their estimated fair values, which were
based on projected discounted future net cash flows. As a result of its impairment analyses, the Company
recorded an impairment charge of approximately $130 million, which is included in the caption “Impairment of
goodwill and acquired intangible assets” in its 2008 consolidated statement of operations.
The balances of acquisition-related intangible assets as of December 25, 2010, were as follows:
Developed
product
technology
Game
console
royalty
agreements
Customer
relationships
Trademark
and trade
name Total
Intangible assets, net December 29, 2007(1) ..... $168 $112 $141 $44 $465
Amortization expense .................. (55) (29) (45) (7) (136)
Impairment charges .................... (80) — (34) (16) (130)
Reclassification(2) ..................... (31) — — — (31)
Intangible assets, net December 27, 2008 ....... 2 83 62 21 168
Amortization expense .................. (2) (29) (34) (5) (70)
Intangible assets, net December 26, 2009 ....... — 54 28 16 98
Amortization expense .................. — (29) (27) (5) (61)
Intangible assets, net December 25, 2010 ....... $— $ 25 $ 1 $11 $ 37
(1) Represents the reclassification of the Digital Television business unit to discontinued operations. (See
Note 19)
(2) Includes the effect of the reclassification of certain assets related to the Handheld business unit that were
sold to Qualcomm in the first quarter of 2009. (See 2008 Impairment).
Estimated future amortization expense related to acquisition-related intangible assets is as follows:
(In millions)
Year
2011 ........................................................... $29
2012 ........................................................... 4
2013 ........................................................... 4
Total ........................................................... $37
92