XML 28 R14.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Goodwill And Acquisition-Related Intangibles, Net
3 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Acquisition-Related Intangibles, Net GOODWILL AND ACQUISITION-RELATED INTANGIBLES, NET
The changes in the carrying amount of goodwill for the three months ended June 30, 2024 are as follows (in millions):
As of
March 31, 2024
ActivityEffects of Foreign Currency Translation
As of
June 30, 2024
Goodwill$5,747 $— $— $5,747 
Accumulated impairment(368)— — (368)
Total$5,379 $— $— $5,379 
Acquisition-related intangibles consisted of the following (in millions):
 
As of June 30, 2024
As of March 31, 2024
 Gross
Carrying
Amount
Accumulated
Amortization
Acquisition-
Related
Intangibles, Net
Gross
Carrying
Amount
Accumulated
Amortization
Acquisition-
Related
Intangibles, Net
Developed and core technology$1,025 $(836)$189 $1,025 $(821)$204 
Trade names and trademarks502 (318)184 502 (306)196 
Registered user base and other intangibles56 (56)— 56 (56)— 
Total$1,583 $(1,210)$373 $1,583 $(1,183)$400 
Amortization of intangibles for the three months ended June 30, 2024 and 2023 are classified in the Condensed Consolidated Statements of Operations as follows (in millions):
Three Months Ended
June 30,
20242023
Cost of revenue$10 $16 
Operating expenses17 25 
Total$27 $41 
During the three months ended June 30, 2024 and 2023, there were no impairment charges recorded for acquisition-related intangible assets.
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 ranging from 2 to 7 years. As of June 30, 2024 and March 31, 2024, the weighted-average remaining useful life for acquisition-related intangible assets was approximately 3.9 years and 4.1 years, respectively.
As of June 30, 2024, 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, 
2025 (remaining nine months)$80 
2026102 
202783 
202880 
202928 
Total$373