XML 33 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Balance Sheet Details
 12 Months Ended
Mar. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details BALANCE SHEET DETAILS
Property and Equipment, Net
Property and equipment, net, as of March 31, 2025 and 2024 consisted of (in millions):
 As of March 31,
 20252024
Computer, equipment and software$1,033 $965 
Buildings379 376 
Leasehold improvements229 190 
Equipment, furniture and fixtures, and other109 92 
Land66 67 
Construction in progress21 47 
1,837 1,737 
Less: accumulated depreciation(1,251)(1,159)
Property and equipment, net$586 $578 
Depreciation expense associated with property and equipment was $204 million, $196 million and $193 million for the fiscal years ended March 31, 2025, 2024, and 2023, respectively.
Accounts Payable, Accrued, and Other Current Liabilities
Accounts payable, accrued, and other current liabilities as of March 31, 2025 and 2024 consisted of (in millions):
 As of March 31,
 20252024
Accounts payable$105 $110 
Accrued compensation and benefits486 476 
Accrued royalties226 189 
Deferred net revenue (other)94 59 
Operating lease liabilities (See Note 13)
67 66 
Other accrued expenses297 286 
Sales returns and price protection reserves84 90 
Accounts payable, accrued, and other current liabilities$1,359 $1,276 
Deferred net revenue (other) includes the deferral of licensing arrangements, subscription revenue, and other revenue for which revenue recognition criteria has not been met.
Deferred net revenue
Deferred net revenue as of March 31, 2025 and 2024, consisted of (in millions):
As of March 31,
20252024
Deferred net revenue (online-enabled games)$1,700 $1,814 
Deferred net revenue (other)94 59 
Deferred net revenue (noncurrent)72 85 
Total deferred net revenue$1,866 $1,958 
During the fiscal years ended March 31, 2025 and 2024, we recognized $1,875 million and $1,987 million of revenue, respectively, that were included in the deferred net revenue balance at the beginning of the period.
Remaining Performance Obligations
As of March 31, 2025, revenue allocated to remaining performance obligations consists of our deferred revenue balance of $1,866 million. These balances exclude any estimates for future variable consideration as we have elected the optional exemption to exclude sales-based royalty revenue.