Balance Sheet Details

3 Months Ended

Jun. 30, 2019

Balance Sheet Related Disclosures [Abstract]

BALANCE SHEET DETAILS

Property and Equipment, Net

Property and equipment, net, as of June 30, 2019 and March 31, 2019 consisted of (in millions):



	As of June 30, 2019			As of March 31, 2019
Computer, equipment and software	$	722		$	710
Buildings	347			343
Leasehold improvements	145			139
Equipment, furniture and fixtures, and other	83			80
Land	66			66
Construction in progress	22			21
	1,385			1,359
Less: accumulated depreciation	(939		)	(911		)
Property and equipment, net	$	446		$	448

During the three months ended June 30, 2019 and 2018, depreciation expense associated with property and equipment was $30 million and $30 million, respectively.

Accrued and Other Current Liabilities

Accrued and other current liabilities as of June 30, 2019 and March 31, 2019 consisted of (in millions):



	As of June 30, 2019		As of March 31, 2019
Other accrued expenses	$	226	$	290
Accrued compensation and benefits	206		238
Accrued royalties	117		144
Sales return and price protection reserves	125		150
Contingent consideration	102		136
Deferred net revenue (other)	84		94
Operating lease liabilities (See Note 11)	55		—
Accrued and other current liabilities	$	915	$	1,052

Deferred net revenue (other) includes the deferral of subscription revenue, advertising revenue, licensing arrangements, and other revenue for which revenue recognition criteria has not been met.

Deferred net revenue

Deferred net revenue as of June 30, 2019 and March 31, 2019 consisted of (in millions):



	As of June 30, 2019		As of March 31, 2019
Deferred net revenue (online-enabled games)	$	679	$	1,100
Deferred net revenue (other)	84		94
Deferred net revenue (noncurrent)	20		23
Total Deferred net revenue	$	783	$	1,217

During the three months ended June 30, 2019, $940 million of revenue was recognized, of which $797 million was included in the deferred revenue balance as of March 31, 2019.

Remaining Performance Obligations

As of June 30, 2019, revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized, which includes our deferred revenue balance of $783 million. These balances exclude any estimates for future variable consideration as we have elected the optional exemption to exclude sales-based royalty revenue. We expect to recognize substantially all of these balances as revenue over the next 12 months.