XML 50 R34.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible Assets and Goodwill (Tables)
12 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Indefinite-Lived
Intangible assets consist of the following (in millions):
March 31, 2022
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,390.2 $(3,571.5)$3,818.7 
Customer-related200.3 (112.4)87.9 
In-process research and development6.4 — 6.4 
Software licenses191.2 (61.2)130.0 
Distribution rights and other0.4 (0.3)0.1 
Total$7,788.5 $(3,745.4)$4,043.1 

March 31, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,371.3 $(2,771.0)$4,600.3 
Customer-related835.2 (702.6)132.6 
In-process research and development7.7 — 7.7 
Software licenses124.6 (70.9)53.7 
Distribution rights and other5.6 (5.1)0.5 
Total$8,344.4 $(3,549.6)$4,794.8 
Schedule of Intangible Assets, Finite-Lived
Intangible assets consist of the following (in millions):
March 31, 2022
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,390.2 $(3,571.5)$3,818.7 
Customer-related200.3 (112.4)87.9 
In-process research and development6.4 — 6.4 
Software licenses191.2 (61.2)130.0 
Distribution rights and other0.4 (0.3)0.1 
Total$7,788.5 $(3,745.4)$4,043.1 

March 31, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,371.3 $(2,771.0)$4,600.3 
Customer-related835.2 (702.6)132.6 
In-process research and development7.7 — 7.7 
Software licenses124.6 (70.9)53.7 
Distribution rights and other5.6 (5.1)0.5 
Total$8,344.4 $(3,549.6)$4,794.8 
Schedule of Projected Amortization Expense
The following is an expected amortization schedule for the intangible assets for fiscal 2023 through fiscal 2027, absent any future acquisitions or impairment charges (in millions):
Fiscal Year Ending March 31,Amortization Expense
2023$746.1 
2024$667.1 
2025$533.1 
2026$462.6 
2027$377.2 
Schedule of Amortization Expense by Intangible Asset Class Amortization expense attributed to intangible assets are assigned to cost of sales and operating expenses as follows (in millions):
Fiscal Year Ended March 31,
202220212020
Amortization expense charged to cost of sales$12.4 $9.4 $8.9 
Amortization expense charged to operating expense922.0 983.3 1,037.8 
Total amortization expense$934.4 $992.7 $1,046.7 
Schedule of Goodwill Activity
Goodwill activity by segment was as follows (in millions):
 Semiconductor Products Reporting UnitTechnology Licensing Reporting Unit
Balance at March 31, 2020$6,645.6 $19.2 
Additions5.8 — 
Balance at March 31, 2021$6,651.4 $19.2 
Additions3.0 — 
Balance at March 31, 2022$6,654.4 $19.2