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Long-Lived Assets (Tables)
12 Months Ended
Mar. 31, 2013
Long-Lived Assets [Abstract]  
Property and equipment
A summary of property and equipment is as follows:
 
At March 31.
(in millions)
2013

 
2012

Land and buildings
$
210

 
$
224

Equipment, software developed for internal use, furniture and leasehold improvements
887

 
869

 
1,097

 
1,093

Accumulated depreciation and amortization
(786
)
 
(707
)
Property and equipment, net
$
311

 
$
386

Capitalized software and other intangible assets
The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at March 31, 2013 were as follows:
 
At March 31, 2013
(in millions)
Gross
Amortizable
Assets

 
Less: Fully
Amortized
Assets

 
Remaining
Amortizable
Assets

 
Accumulated
Amortization
on Remaining
Amortizable
Assets

 
Net
Assets

Purchased software products
$
5,597

 
$
4,735

 
$
862

 
$
309

 
$
553

Internally developed software products
1,528

 
661

 
867

 
327

 
540

Other intangible assets
816

 
429

 
387

 
249

 
138

Total capitalized software and other intangible assets
$
7,941

 
$
5,825

 
$
2,116

 
$
885

 
$
1,231

The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at March 31, 2012 were as follows:
 
At March 31, 2012
(in millions)
Gross
Amortizable
Assets

 
Less: Fully
Amortized
Assets

 
Remaining
Amortizable
Assets

 
Accumulated
Amortization
on Remaining
Amortizable
Assets

 
Net
Assets

Purchased software products
$
5,628

 
$
4,733

 
$
895

 
$
228

 
$
667

Internally developed software products
1,366

 
574

 
792

 
258

 
534

Other intangible assets
814

 
412

 
402

 
214

 
188

Total capitalized software and other intangible assets
$
7,808

 
$
5,719

 
$
2,089

 
$
700

 
$
1,389

Depreciation and amortization expense
A summary of depreciation and amortization expense is as follows:
 
Year Ended March 31,
(in millions)
2013

 
2012

 
2011

Depreciation
$
104

 
$
111

 
$
114

Amortization of purchased software products
163

 
103

 
88

Amortization of internally developed software products
156

 
122

 
104

Amortization of other intangible assets
54

 
65

 
73

Total
$
477

 
$
401

 
$
379

Expected annual amortization expense over next five fiscal years
Based on the capitalized software and other intangible assets recognized at March 31, 2013, the annual amortization expense over the next five fiscal years is expected to be as follows:
 
Year Ended March 31,
(in millions)
2014

 
2015

 
2016

 
2017

 
2018

Purchased software products
$
100

 
$
89

 
$
88

 
$
86

 
$
83

Internally developed software products
164

 
144

 
113

 
80

 
33

Other intangible assets
49

 
41

 
27

 
10

 
5

Total
$
313

 
$
274

 
$
228

 
$
176

 
$
121

Goodwill activity
Goodwill activity for fiscal years 2013 and 2012 was as follows:
 
At March 31,
(in millions)
2013

 
2012

Balance at beginning of year
$
5,856

 
5,686

Amounts allocated to loss on discontinued operations

 
(7
)
Acquisitions
17

 
179

Foreign currency translation adjustment
(2
)
 
(2
)
Balance at end of year
$
5,871

 
5,856