Goodwill and Intangible Assets, Net (Tables)

3 Months Ended

Mar. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 30, 2025 were as follows:


	Life Sciences		Diagnostics		Consolidated
	(In thousands)
Balance at December 29, 2024	$	4,541,467	$	1,922,152	$	6,463,619
Foreign currency translation	33,634		14,235		47,869
Acquisitions, earn-outs and other	98		(98)		—
Balance at March 30, 2025	$	4,575,199	$	1,936,289	$	6,511,488

Identifiable Intangible Asset Balances

Identifiable intangible asset balances by category were as follows:


	March 30, 2025		December 29, 2024
	(In thousands)
Patents	$	27,801	$	27,808
Less: Accumulated amortization	(26,351)		(26,293)
Net patents	1,450		1,515
Trade names and trademarks	145,081		142,588
Less: Accumulated amortization	(91,709)		(87,824)
Net trade names and trademarks	53,372		54,764
Licenses	27,230		27,164
Less: Accumulated amortization	(18,319)		(17,855)
Net licenses	8,911		9,309
Core technology	1,584,184		1,561,831
Less: Accumulated amortization	(785,646)		(735,532)
Net core technology	798,538		826,299
Customer relationships	2,823,800		2,807,909
Less: Accumulated amortization	(1,114,703)		(1,058,875)
Net customer relationships	1,709,097		1,749,034

Total	$	2,571,368	$	2,640,921

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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+ Details

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