XML 38 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Intangible Assets
12 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
 
 
As of March 31, 2017
(in millions)
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Software
 
$
2,347

 
$
1,554

 
$
793

Outsourcing contract costs
 
793

 
475

 
318

Customer and other intangible assets
 
947

 
264

 
683

Total intangible assets
 
$
4,087

 
$
2,293

 
$
1,794

 
 
 
 
 
As of April 1, 2016
(in millions)
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Software
 
$
2,243

 
$
1,531

 
$
712

Outsourcing contract costs
 
828

 
494

 
334

Customer and other intangible assets
 
485

 
203

 
282

Total intangible assets
 
$
3,556

 
$
2,228

 
$
1,328



Total intangible assets amortization was $320 million, $286 million and $374 million for fiscal 2017, 2016 and 2015, respectively. Total intangible assets amortization included amortization of outsourcing contract cost premiums recorded as reductions of revenues of $11 million, $11 million and $27 million for fiscal 2017, 2016 and 2015, respectively. The change in net carrying value from fiscal 2016 to 2017 included foreign currency translation loss of $92 million.

Estimated future amortization related to intangible assets as of March 31, 2017 is as follows:
Fiscal Year
 
(in millions)

2018
 
$
320

2019
 
$
295

2020
 
$
264

2021
 
$
220

2022
 
$
178



During fiscal 2016 and 2015, CSC sold certain intangible assets with net book value of zero to a third party and recorded a gain on sale of $31 million and $53 million, respectively, as a reduction to GIS segment cost of services. There were no similar sales of intangible assets to a third party during fiscal 2017.

Purchased and internally developed software, net of accumulated amortization, consisted of the following:
(in millions)
 
March 31, 2017
 
April 1, 2016
Purchased software
 
$
223

 
$
206

Internally developed commercial software
 
341

 
352

Internally developed internal-use software
 
229

 
154

Total
 
$
793

 
$
712



Amortization expense related to purchased software and internally developed software, consisted of the following:
(in millions)
 
March 31, 2017
 
April 1, 2016
 
April 3, 2015
Purchased software
 
$
82

 
$
99

 
$
129

Internally developed commercial software
 
58

 
56

 
61

Internally developed internal-use software
 
20

 
9

 
6

Total
 
$
160

 
$
164

 
$
196