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TableofContents
SEAGATETECHNOLOGYPLC
NOTESTOCONSOLIDATEDFINANCIALSTATEMENTS—(Continued)
4.GoodwillandOtherIntangibleAssets
Goodwill
Thechangesinthecarryingamountofgoodwillareasfollows:
OtherIntangibleAssets
Otherintangibleassetsconsistprimarilyofexistingtechnology,customerrelationships,in-processresearchanddevelopment("IPR&D")andtradenames
acquiredinbusinesscombinations.WiththeexceptionofIPR&D,acquiredintangiblesareamortizedonastraight-linebasisovertherespectiveestimateduseful
livesoftheassets.AmortizationischargedtoOperatingexpensesintheConsolidatedStatementsofOperations.IPR&Dhasbeendeterminedtohaveanindefinite
usefullifeandisnotamortized,butinsteadtestedforimpairmentannuallyormorefrequentlyifeventsorchangesincircumstanceindicatethattheassetmightbe
impaired.IfthecarryingamountofIPR&Dexceedsitsfairvalue,animpairmentlossisrecognizedinanamountequaltothatexcess.Therewerenoimpairment
chargesrecognizedforIPR&D.UponcompletionoftheIPR&D,therelatedassetswillbeaccountedforasafinite-livedintangibleasset,andwillbeamortized
overitsusefullife.
Infiscalyears2016,2015and2014,amortizationexpenseforotherintangibleassetswas$174million,$152millionand$131million,respectively.
ThecarryingvalueofotherintangibleassetssubjecttoamortizationasofJuly1,2016,issetforthinthefollowingtable:
ThecarryingvalueofIPR&Dnotsubjecttoamortizationwas$14milliononJuly1,2016.
81
(Dollarsinmillions) Amount
AsofJune27,2014  $ 537
Goodwillacquired   339
Foreigncurrencytranslationeffect   (2)
AsofJuly3,2015  $ 874
Goodwillacquired   364
Goodwilldisposed   (1)
Foreigncurrencytranslationeffect   —
AsofJuly1,2016  $ 1,237
(Dollarsinmillions) 
GrossCarrying
Amount
Accumulated
Amortization
NetCarrying
Amount
WeightedAverage
RemainingUsefulLife
Existingtechnology  $ 297 $ (79) $ 218 4.1years
Customerrelationships   510  (328) 182 3.2years
Tradename   29  (14) 15 2.6years
Otherintangibleassets   29  (10) 19 3.2years
Totalamortizableotherintangibleassets  $ 865 $ (431) $ 434 3.6years