Revenue from Contracts with Customers (Tables)

6 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The disaggregation of revenue by region, type of performance obligation, timing of revenue recognition, and segment was as follows:

(in millions)	Three Months Ended September 30, 2018		Six Months Ended September 30, 2018
Revenue by region:
United States	$	592	$	1,164
EMEA (1)	186		415
Other	117		254
Total revenue	$	895	$	1,833
Revenue by type of performance obligation:
Perpetual licenses	$	70	$	146
Renewable:
On-premise term licenses	157		350
Maintenance	473		960
SaaS	124		238
Professional services	71		139
Total revenue	$	895	$	1,833
Timing of revenue recognition:
Point-in-time, including professional services	$	297	$	634
Over time	598		1,199
Total revenue	$	895	$	1,833
Revenue by segment:
Mainframe Solutions	$	388	$	828
Enterprise Solutions	436		866
Services	71		139
Total revenue	$	895	$	1,833

(1) Consists of Europe, the Middle East and Africa.

Contract balances

The Company’s contract assets and deferred revenue balances for the periods indicated below were as follows:

(in millions)	Contract Assets		Deferred Revenue
Balance at April 1, 2018	$	931	$	1,751
Balance at September 30, 2018	$	929	$	1,421

Transaction price allocated to remaining performance obligations

The following table discloses the aggregate amount of the transaction price and advanced payments allocated to remaining performance obligations as of the end of the reporting period, and when the Company expects to recognize the revenue.

(in millions)	12 months or less		Greater than 12 months (1)
Perpetual licenses	$	10	$	11
Renewable:
On-premise term licenses	$	231	$	113
Maintenance	$	1,464	$	1,632
SaaS	$	345	$	221
Professional services	$	61	$	31
Material rights	$	3	$	178

(1) Of the amount of performance obligations greater than 12 months, the portion that is 2 to 3 years is approximately $1.7 billion and the remaining amount is generally between 4 and 5 years.