INTANGIBLE ASSETS INCLUDING GOODWILL (Tables)

3 Months Ended

Jun. 30, 2022

INTANGIBLE ASSETS INCLUDING GOODWILL

Schedule total considerations transferred

	March 31,
(Dollars in millions)	2022
Cash consideration	$	107
Non-controlling interest		102
Total enterprise value	$	209
Cash acquired	$	59
Net liabilities assumed, excluding cash		(16)
Deferred tax liabilities arising from acquired intangibles		(32)
Intangible assets *		107
Goodwill		91
Total purchase price allocation	$	209

Intangible asset balances by major asset class

	At June 30, 2022						At March 31, 2022
	Gross Carrying		Accumulated		Net Carrying		Gross Carrying		Accumulated		Net Carrying
(Dollars in millions)	Amount		Amortization		Amount		Amount		Amortization		Amount
Capitalized software	$	39	$	(15)	$	23	$	16	$	(16)	$	1
Customer relationships		229		(113)		116		229		(100)		129
Completed technology		20		(20)		—		20		(20)		—
Patents and trademarks		18		(3)		15		18		(2)		16
Total	$	306	$	(151)	$	154	$	283	$	(138)	$	145

Intangible assets, future amortization expense

	Capitalized		Customer		Patents and
(Dollars in millions)	Software		Relationships		Trademarks		Total
Year ending March 31:
2023 (remaining nine months)	$	3	$	27	$	2	$	33
2024		6		28		3		37
2025		5		23		3		32
2026		4		19		3		27
2027		3		16		3		22
Thereafter		2		2		—		4

Changes in goodwill balances by reportable segment

			Additions and
(Dollars in millions)	Balance at		Other		Balance at
Segment	March 31, 2022		Adjustments		June 30, 2022
United States	$	—	$	—	$	—
Japan		506		(8)		498
Principal Markets		142		—		142
Strategic Markets		176		—		176
Total	$	823	$	(8)	$	815