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Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Indefinite-Lived Intangible Assets
The following provides the activity of Indefinite-lived intangible assets within the consolidated balance sheets:
 
March 31,
2014
 
Net
Additions
 
March 31,
2015
 
(in millions)
FCC licenses
$
36,043

 
$
(91
)
 
$
35,952

Trademarks
5,935

 
(1,900
)
(1 
) 
4,035

Goodwill
6,383

 
192

(2 
) 
6,575

 
$
48,361

 
$
(1,799
)
 
$
46,562

 
December 31,
2013
 
Net
Additions
 
March 31,
2014
 
(in millions)
FCC licenses
$
35,889

 
$
154

 
$
36,043

Trademarks
5,935

 

 
5,935

Goodwill
6,434

 
(51
)
(3 
) 
6,383

 
$
48,258

 
$
103

 
$
48,361


 _________________
(1)
Net reduction to trademarks for the year ended March 31, 2015 of approximately $1.9 billion was related to the impairment of the Sprint trade name. See discussion below.
(2)
Net additions to goodwill for the Successor year ended March 31, 2015 of approximately $192 million were the result of purchase price allocation adjustments, which consisted of a $232 million increase recorded during the three-month period ended March 31, 2015 to correct the amount of net deferred tax liabilities recognized in connection with the SoftBank Merger and Clearwire Acquisition and a net $40 million decrease recorded during the three-months ended June 30, 2014, which is also associated with the SoftBank Merger and Clearwire Acquisition.
(3)
Net reduction to goodwill for the Successor three-month transition period ended March 31, 2014 of $51 million was the result of purchase price allocation adjustments associated with the SoftBank Merger.
Intangible Assets Subject to Amortization
 
 
 
March 31, 2015
 
March 31, 2014
 
Useful Lives
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
 
 
(in millions)
Customer relationships
4 to 8 years
 
$
6,923

 
$
(2,791
)
 
$
4,132

 
$
6,923

 
$
(1,289
)
 
$
5,634

Other intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Favorable spectrum leases
23 years
 
884

 
(71
)
 
813

 
884

 
(30
)
 
854

Favorable tower leases
3 to 7 years
 
589

 
(189
)
 
400

 
589

 
(80
)
 
509

Trademarks
34 years
 
520

 
(27
)
 
493

 
520

 
(12
)
 
508

Other
4 to 10 years
 
72

 
(17
)
 
55

 
60

 
(7
)
 
53

Total other intangible assets
 
2,065

 
(304
)
 
1,761

 
2,053

 
(129
)
 
1,924

Total definite-lived intangible assets
 
$
8,988

 
$
(3,095
)
 
$
5,893

 
$
8,976

 
$
(1,418
)
 
$
7,558

Intangible Assets Subject to Amortization, Future Amortization Expense
 
Fiscal Year 2015
 
Fiscal Year 2016
 
Fiscal Year 2017
 
Fiscal Year 2018
 
Fiscal Year 2019
 
(in millions)
Estimated amortization expense
$
1,427

 
$
1,162

 
$
882

 
$
665

 
$
461