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Acquisitions (Tables)
3 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Acquisition purchase price allocation
The purchase price allocation for Automic and Veracode is provided within the table below.
(dollars in millions)
Automic
 
Veracode
 
Estimated
Useful Life
Finite-lived intangible assets (1)
$
174

 
$
99

 
2-12 years
Purchased software
273

 
240

 
1-8 years
Goodwill
312

 
411

 
Indefinite
Deferred tax liabilities, net
(115
)
 
(108
)
 
Other assets net of other liabilities assumed (2)
31

 
(24
)
 
Purchase price
$
675

 
$
618

 
 
(1)
Includes customer relationships and trade names.
(2)
Includes approximately $34 million and $16 million of cash acquired from Automic and Veracode, respectively.
Unaudited pro forma combined financial information
 
Three Months Ended June 30, 2016
(in millions, except per share amounts)
unaudited
Total revenue
$
1,048

Net income
$
162

Basic income per common share
$
0.39

Diluted income per common share
$
0.39