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Goodwill and Intangible Assets, Net | 3 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Goodwill and Intangible Assets, Net Goodwill The Company evaluates goodwill for impairment on an annual basis in the first fiscal quarter, and more frequently if indicators for potential impairment exist. Goodwill impairment testing is conducted at the reporting unit level, which is generally defined as an operating segment or one level below an operating segment (also known as a component), for which discrete financial information is available and segment management regularly reviews the operating results of that reporting unit. The annual impairment testing performed in fiscal 2025 and fiscal 2024 did not indicate any impairment of goodwill. Changes in the carrying amount of goodwill were as follows:
(In millions) | U.S. Pharmaceutical |  | Prescription Technology Solutions |  | Medical-Surgical Solutions |  | International |  | Total
Balance, March 31, 2024 | $ | 4,123 |  |  | $ | 2,024 |  |  | $ | 2,536 |  |  | $ | 1,449 |  |  | $ | 10,132 |
Foreign currency translation adjustments, net | — |  |  | — |  |  | — |  |  | (14) |  |  | (14) |
Balance, June 30, 2024 | $ | 4,123 |  |  | $ | 2,024 |  |  | $ | 2,536 |  |  | $ | 1,435 |  |  | $ | 10,118 |
Intangible Assets Information regarding intangible assets was as follows:
| June 30, 2024 |  | March 31, 2024
(Dollars in millions) | Weighted- Average Remaining Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | 11 |  | $ | 1,825 |  |  | $ | (730) |  |  | $ | 1,095 |  |  | $ | 1,830 |  |  | $ | (701) |  |  | $ | 1,129 |
Service agreements | 10 |  | 1,129 |  |  | (690) |  |  | 439 |  |  | 1,126 |  |  | (676) |  |  | 450 |
Trademarks and trade names | 12 |  | 755 |  |  | (405) |  |  | 350 |  |  | 759 |  |  | (395) |  |  | 364 |
Technology | 10 |  | 284 |  |  | (129) |  |  | 155 |  |  | 284 |  |  | (125) |  |  | 159 |
Other | 7 |  | 32 |  |  | (26) |  |  | 6 |  |  | 34 |  |  | (26) |  |  | 8 |
Total |  |  | $ | 4,025 |  |  | $ | (1,980) |  |  | $ | 2,045 |  |  | $ | 4,033 |  |  | $ | (1,923) |  |  | $ | 2,110 |
All intangible assets were subject to amortization as of June 30, 2024 and March 31, 2024. Amortization expense of intangible assets was $63 million and $62 million for the three months ended June 30, 2024 and 2023, respectively. Estimated amortization expense of the assets listed in the table above is as follows: $183 million, $214 million, $207 million, $203 million, and $200 million for the remainder of fiscal 2025 and each of the succeeding years through fiscal 2029, respectively, and $1.0 billion thereafter.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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