XML 48 R32.htm IDEA: XBRL DOCUMENT v3.4.0.3
Long-Lived Assets (Tables)
12 Months Ended
Mar. 31, 2016
Long-Lived Assets [Abstract]  
Property and equipment
A summary of property and equipment was as follows:
 
At March 31.
(in millions)
2016
 
2015
Land and buildings
$
188

 
$
190

Equipment, software developed for internal use, furniture and leasehold improvements
886

 
874

 
$
1,074

 
$
1,064

Accumulated depreciation and amortization
(832
)
 
(812
)
Property and equipment, net
$
242

 
$
252

Capitalized software and other intangible assets
The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at March 31, 2016 were as follows:
 
At March 31, 2016
(in millions)
Gross
Amortizable
Assets
 
Less: Fully
Amortized
Assets
 
Remaining
Amortizable
Assets
 
Accumulated
Amortization
on Remaining
Amortizable
Assets
 
Net
Assets
Purchased software products
$
5,990

 
$
4,865

 
$
1,125

 
$
552

 
$
573

Internally developed software products
1,467

 
1,009

 
458

 
333

 
125

Other intangible assets
927

 
728

 
199

 
102

 
97

Total capitalized software and other intangible assets
$
8,384

 
$
6,602

 
$
1,782

 
$
987

 
$
795

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

Depreciation and amortization expense
A summary of depreciation and amortization expense was as follows:
 
Year Ended March 31,
(in millions)
2016
 
2015
 
2014
Depreciation
$
62

 
$
71

 
$
84

Amortization of purchased software products
146

 
124

 
116

Amortization of internally developed software products
110

 
149

 
155

Amortization of other intangible assets
44

 
58

 
60

Total depreciation and amortization expense
$
362

 
$
402

 
$
415

Expected annual amortization expense over next five fiscal years
Based on the capitalized software and other intangible assets recognized at March 31, 2016, the annual amortization expense over the next five fiscal years is expected to be as follows:
 
Year Ended March 31,
(in millions)
2017
 
2018
 
2019
 
2020
 
2021
Purchased software products
$
153

 
$
145

 
$
105

 
$
85

 
$
43

Internally developed software products
79

 
36

 
9

 
1

 

Other intangible assets
16

 
8

 
7

 
6

 
6

Total
$
248

 
$
189

 
$
121

 
$
92

 
$
49

Goodwill activity by segment
Goodwill activity by segment for fiscal years 2016 and 2015 was as follows:
(in millions)
Mainframe Solutions
 
Enterprise Solutions
 
Services
 
Total
Balance at March 31, 2014
$
4,178

 
$
1,663

 
$
81

 
$
5,922

Divestitures

 
(109
)
 

 
(109
)
Foreign currency translation adjustment

 
(7
)
 

 
(7
)
Balance at March 31, 2015
$
4,178

 
$
1,547

 
$
81

 
$
5,806

Acquisitions

 
316

 

 
316

Divestitures

 
(36
)
 

 
(36
)
Balance at March 31, 2016
$
4,178

 
$
1,827

 
$
81

 
$
6,086