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BALANCE SHEET ITEMS (Tables)
9 Months Ended
Dec. 31, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Components of Inventories
The components of inventories, net of applicable lower of cost and net realizable value write-downs, were as follows: 
As of December 31, 2024As of March 31, 2024
 (In millions)
Raw materials$4,332 $5,045 
Work-in-progress465 623 
Finished goods473 537 
 $5,270 $6,205 
Schedule of Goodwill
The following table summarizes the activity in the Company's goodwill during the nine-month period ended December 31, 2024:
FASFRSTotal
(In millions)
Balance at March 31, 2024$371 $764 $1,135 
Acquisitions (1)38 170 208 
Foreign currency translation adjustments(1)(10)(11)
Balance at December 31, 2024$408 $924 $1,332 
(1) Represents goodwill of $170 million from the Crown acquisition, $30 million from the JetCool acquisition and $8 million from an acquisition completed in the first quarter of fiscal year 2025.
Schedule of Components of Acquired Intangible Assets
The components of acquired intangible assets are as follows:
 As of December 31, 2024As of March 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
 (In millions)
Intangible assets:      
Customer-related intangibles$405 $(173)$232 $316 $(186)$130 
Licenses and other intangibles313 (202)111 298 (183)115 
Total$718 $(375)$343 $614 $(369)$245 
Schedule of Estimated Future Annual Amortization Expense For Intangible Assets
The estimated future annual amortization expense for intangible assets is as follows:
Fiscal Year Ending March 31,Amount
 (In millions)
2025 (1)$24 
202672 
202761 
202845 
202942 
Thereafter99 
Total amortization expense$343 
____________________________________________________________
(1)Represents estimated amortization for the remaining fiscal three-month period ending March 31, 2025.