XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill And Acquisition-Related Intangibles, Net | 6 Months Ended
--- | ---
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill And Acquisition-Related Intangibles, Net | (7) GOODWILL AND ACQUISITION-RELATED INTANGIBLES, NET The changes in the carrying amount of goodwill for the six months ended September 30, 2021 are as follows (in millions):
| As of March 31, 2021 |  | Activity |  | Effects of Foreign Currency Translation |  | As of September 30, 2021
Goodwill | $ | 3,236 |  |  | $ | 2,591 |  |  | $ | — |  |  | $ | 5,827 |
Accumulated impairment | (368) |  |  | — |  |  | — |  |  | (368) |
Total | $ | 2,868 |  |  | $ | 2,591 |  |  | $ | — |  |  | $ | 5,459 |
Acquisition-related intangibles consisted of the following (in millions):
| As of September 30, 2021 |  | As of March 31, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquisition- Related Intangibles, Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Acquisition- Related Intangibles, Net
Finite-lived acquisition-related intangibles |  |  |  |  |  |  |  |  |  |  |
Developed and core technology | $ | 939 |  |  | $ | (542) |  |  | $ | 397 |  |  | $ | 691 |  |  | $ | (472) |  |  | $ | 219 |
Trade names and trademarks | 393 |  |  | (169) |  |  | 224 |  |  | 188 |  |  | (144) |  |  | 44 |
Registered user base and other intangibles | 18 |  |  | (10) |  |  | 8 |  |  | 5 |  |  | (5) |  |  | — |
Carrier contracts and related | 85 |  |  | (85) |  |  | — |  |  | 85 |  |  | (85) |  |  | — |
Playdemic acquired intangibles | 354 |  |  | — |  |  | $ | 354 |  |  | — |  |  | — |  |  | — |
Total finite-lived acquisition-related intangibles | $ | 1,789 |  |  | $ | (806) |  |  | $ | 983 |  |  | $ | 969 |  |  | $ | (706) |  |  | $ | 263 |
Indefinite-lived acquisition-related intangibles |  |  |  |  |  |  |  |  |  |  |
In-process research and development | $ | 97 |  |  | $ | — |  |  | $ | 97 |  |  | $ | 46 |  |  | $ | — |  |  | $ | 46 |
Total acquisition-related intangibles, net | $ | 1,886 |  |  | $ | (806) |  |  | $ | 1,080 |  |  | $ | 1,015 |  |  | $ | (706) |  |  | $ | 309 |
Due to the proximity of the closing date of the Playdemic acquisition to the balance sheet date of September 30, 2021, we included a provisional estimate of acquired intangibles as a separate line item in the above table. We currently estimate the weighted-average useful life of Playdemic’s acquired intangible assets to be approximately 7 years. See Note 6 for additional information on our acquisition of Playdemic. Amortization of intangibles for the three and six months ended September 30, 2021 and 2020 are classified in the Condensed Consolidated Statements of Operations as follows (in millions):
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Cost of revenue | $ | 22 |  |  | $ | — |  |  | $ | 44 |  |  | $ | — |
Operating expenses | 30 |  |  | 6 |  |  | 70 |  |  | 11 |
Total | $ | 52 |  |  | $ | 6 |  |  | $ | 114 |  |  | $ | 11 |
Acquisition-related intangible assets are generally amortized using the straight-line method over the lesser of their estimated useful lives or the agreement terms, currently from 1 to 7 years. As of September 30, 2021 and March 31, 2021, the weighted-average remaining useful life for acquisition-related intangible assets was approximately 5.4 and 3.5 years, respectively. As of September 30, 2021, future amortization of finite-lived acquisition-related intangibles that will be recorded in the Condensed Consolidated Statements of Operations is estimated as follows (in millions):
Fiscal Year Ending March 31, |
2022 (remaining six months) | $ | 149 |
2023 | 216 |
2024 | 165 |
2025 | 121 |
2026 | 115 |
2027 | 96 |
2028 and thereafter | 121 |
Total | $ | 983 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration