Goodwill, Capitalized Software and Other Intangible Assets (Tables)

9 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Capitalized software and other intangible assets

The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at December 31, 2013 were as follows:

	At December 31, 2013
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
Purchased software products	$	5,693	$	4,797	$	896	$	334	$	562
Internally developed software products	1,560		722		838		391		447
Other intangible assets	846		486		360		240		120
Total capitalized software and other intangible assets	$	8,099	$	6,005	$	2,094	$	965	$	1,129

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
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
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

Projected annual amortization expense for current fiscal year and next four fiscal years

Based on the capitalized software and other intangible assets recorded through December 31, 2013, the projected annual amortization expense for fiscal year 2014 and the next four fiscal years is expected to be as follows:

	Year Ended March 31,
	2014		2015		2016		2017		2018
	(in millions)
Purchased software products	$	117	$	109	$	107	$	105	$	102
Internally developed software products	166		151		119		85		40
Other intangible assets	63		57		28		9		5
Total	$	346	$	317	$	254	$	199	$	147

Goodwill activity by segment

Goodwill activity by segment for the nine months ended December 31, 2013 was as follows:

(in millions)	Mainframe Solutions		Enterprise Solutions			Services		Total
Balance at March 31, 2013	$	4,178	$	1,612		$	81	$	5,871
Revision to preliminary purchase price allocation of prior year acquisition	—		(6		)	—		(6		)
Balance at March 31, 2013 as revised	$	4,178	$	1,606		$	81	$	5,865
Acquisitions	—		55			—		55
Foreign currency translation adjustment	—		2			—		2
Balance at December 31, 2013	$	4,178	$	1,663		$	81	$	5,922