Long-Lived Assets (Tables)

12 Months Ended

Mar. 31, 2014

A summary of property and equipment was as follows:



	At March 31.
(in millions)	2014			2013
Land and buildings	$	222		$	210
Equipment, software developed for internal use, furniture and leasehold improvements	901			887
	1,123			1,097
Accumulated depreciation and amortization	(828		)	(786		)
Property and equipment, net	$	295		$	311

Capitalized software and other intangible assets

The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at March 31, 2014 were as follows:



	At March 31, 2014
(in millions)	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
Purchased software products	$	5,706	$	4,849	$	857	$	309	$	548
Internally developed software products	1,561		757		804		397		407
Other intangible assets	846		489		357		249		108
Total capitalized software and other intangible assets	$	8,113	$	6,095	$	2,018	$	955	$	1,063

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	$	5,604	$	4,735	$	869	$	309	$	560
Internally developed software products	1,528		661		867		327		540
Other intangible assets	820		429		391		249		142
Total capitalized software and other intangible assets	$	7,952	$	5,825	$	2,127	$	885	$	1,242

Depreciation and amortization expense

A summary of depreciation and amortization expense was as follows:



	Year Ended March 31,
(in millions)	2014		2013		2012
Depreciation	$	84	$	104	$	111
Amortization of purchased software products	117		163		103
Amortization of internally developed software products	165		154		120
Amortization of other intangible assets	60		54		65
Total depreciation and amortization expense	$	426	$	475	$	399

Expected annual amortization expense over next five fiscal years

Based on the capitalized software and other intangible assets recognized at March 31, 2014, the annual amortization expense over the next five fiscal years is expected to be as follows:



	Year Ended March 31,
(in millions)	2015		2016		2017		2018		2019
Purchased software products	$	113	$	111	$	108	$	105	$	62
Internally developed software products	150		118		85		40		11
Other intangible assets	53		34		11		5		1
Total	$	316	$	263	$	204	$	150	$	74

Goodwill activity by segment

Goodwill activity by segment for fiscal years 2014 and 2013 was as follows:



(in millions)	Mainframe Solutions			Enterprise Solutions			Services		Total
Balance at March 31, 2012	$	4,179		$	1,596		$	81	$	5,856
Acquisitions	—			10			—		10
Foreign currency translation adjustment	(1		)	(1		)	—		(2		)
Balance at March 31, 2013	$	4,178		$	1,605		$	81	$	5,864
Acquisitions	—			55			—		55
Foreign currency translation adjustment	—			3			—		3
Balance at March 31, 2014	$	4,178		$	1,663		$	81	$	5,922