Goodwill, Capitalized Software and Other Intangible Assets (Tables)

9 Months Ended

Dec. 31, 2015

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, 2015 were as follows:

	At December 31, 2015
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
Purchased software products	$	5,987	$	4,863	$	1,124	$	513	$	611
Internally developed software products	1,485		994		491		341		150
Other intangible assets	926		608		318		213		105
Total capitalized software and other intangible assets	$	8,398	$	6,465	$	1,933	$	1,067	$	866

The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at March 31, 2015 were as follows:

	At March 31, 2015
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
Purchased software products	$	5,717	$	4,859	$	858	$	413	$	445
Internally developed software products	1,486		835		651		414		237
Other intangible assets	836		556		280		231		49
Total capitalized software and other intangible assets	$	8,039	$	6,250	$	1,789	$	1,058	$	731

Projected annual amortization expense

Based on the capitalized software and other intangible assets recorded through December 31, 2015, the projected annual amortization expense for fiscal year 2016 and the next four fiscal years is expected to be as follows:

	Year Ended March 31,
	2016		2017		2018		2019		2020
	(in millions)
Purchased software products	$	145	$	152	$	147	$	104	$	85
Internally developed software products	110		79		37		10		1
Other intangible assets	43		15		8		7		6
Total	$	298	$	246	$	192	$	121	$	92

Goodwill activity by segment

Goodwill activity by segment for the nine months ended December 31, 2015 was as follows:

(in millions)	Mainframe Solutions		Enterprise Solutions			Services		Total
Balance at March 31, 2015	$	4,178	$	1,547		$	81	$	5,806
Acquisitions	—		321			—		321
Foreign currency translation adjustment	—		(4		)	—		(4		)
Balance at December 31, 2015	$	4,178	$	1,864		$	81	$	6,123