Goodwill, Capitalized Software and Other Intangible Assets (Tables)

3 Months Ended

Jun. 30, 2017

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 June 30, 2017 were as follows:

	At June 30, 2017
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
Purchased software products	$	6,552	$	4,916	$	1,636	$	725	$	911
Internally developed software products	1,467		1,287		180		145		35
Other intangible assets	1,212		822		390		37		353
Total capitalized software and other intangible assets	$	9,231	$	7,025	$	2,206	$	907	$	1,299

The gross carrying amounts and accumulated amortization for capitalized software and other intangible assets at March 31, 2017 were as follows:

	At March 31, 2017
	Gross Amortizable Assets		Less: Fully Amortized Assets		Remaining Amortizable Assets		Accumulated Amortization on Remaining Amortizable Assets		Net Assets
	(in millions)
Purchased software products	$	6,496	$	4,914	$	1,582	$	667	$	915
Internally developed software products	1,467		1,029		438		391		47
Other intangible assets	1,193		812		381		36		345
Total capitalized software and other intangible assets	$	9,156	$	6,755	$	2,401	$	1,094	$	1,307

Projected annual amortization expense

Based on the capitalized software and other intangible assets recorded through June 30, 2017, the projected annual amortization expense for fiscal year 2018 and the next four fiscal years is expected to be as follows:

	Year Ended March 31,
	2018		2019		2020		2021		2022
	(in millions)
Purchased software products	$	233	$	181	$	158	$	114	$	105
Internally developed software products	37		9		1		—		—
Other intangible assets	41		39		36		36		35
Total	$	311	$	229	$	195	$	150	$	140

Goodwill activity by segment

Goodwill activity by segment for the three months ended June 30, 2017 was as follows:

(in millions)	Mainframe Solutions		Enterprise Solutions			Services		Total
Balance at March 31, 2017	$	4,178	$	2,598		$	81	$	6,857
Acquisitions (1)	—		(15		)	—		(15		)
Foreign currency translation adjustment	—		22			—		22
Balance at June 30, 2017	$	4,178	$	2,605		$	81	$	6,864

(1) Acquisitions amount relates to purchase price allocation adjustments that occurred during the three months ended June 30, 2017.