Goodwill, Capitalized Software and Other Intangible Assets (Tables)

9 Months Ended

Dec. 31, 2016

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, 2016 were as follows:

	At December 31, 2016
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
Purchased software products	$	6,014	$	4,914	$	1,100	$	622	$	478
Internally developed software products	1,467		1,030		437		374		63
Other intangible assets	927		805		122		36		86
Total capitalized software and other intangible assets	$	8,408	$	6,749	$	1,659	$	1,032	$	627

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

Projected annual amortization expense

Based on the capitalized software and other intangible assets recorded through December 31, 2016, the projected annual amortization expense for fiscal year 2017 and the next four fiscal years is expected to be as follows:

	Year Ended March 31,
	2017		2018		2019		2020		2021
	(in millions)
Purchased software products	158		152		112		86		45
Internally developed software products	79		36		9		1		—
Other intangible assets	16		9		7		7		7
Total	$	253	$	197	$	128	$	94	$	52

Goodwill activity by segment

Goodwill activity by segment for the nine months ended December 31, 2016 was as follows:

(in millions)	Mainframe Solutions		Enterprise Solutions			Services		Total
Balance at March 31, 2016	$	4,178	$	1,827		$	81	$	6,086
Acquisitions	—		38			—		38
Foreign currency translation adjustment	$	—	$	(6	)	$	—	$	(6	)
Balance at December 31, 2016	$	4,178	$	1,859		$	81	$	6,118