XML 197 R16.htm IDEA: XBRL DOCUMENT v3.25.1
Property and Equipment, Net
 12 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
The components of property and equipment, net were as follows:
 March 31,
 20252024
Furniture and equipment$113 $121 
Computer equipment109 108 
Leasehold improvements236 270 
Total458 499 
Less: Accumulated depreciation and amortization(281)(311)
Property and equipment, net$177 $188 
Depreciation expense relating to property and equipment for fiscal 2025, 2024, and 2023 was $41 million, $41 million, and $43 million, respectively. Amortization expense related to leasehold improvements for fiscal 2025, 2024, and 2023 was $29 million, $30 million, and $28 million, respectively. During fiscal 2025 and 2024, the Company reduced the gross cost and accumulated depreciation and amortization by $90 million and $36 million, respectively, for zero net book value assets deemed no longer in service.