Goodwill And Acquisition-Related Intangibles, Net

9 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Acquisition-Related Intangibles, Net

(7) GOODWILL AND ACQUISITION-RELATED INTANGIBLES, NET

The changes in the carrying amount of goodwill for the nine months ended December 31, 2020 are as follows (in millions):

	As of March 31, 2020		Activity		Effects of Foreign Currency Translation		As of December 31, 2020
Goodwill	$	2,253	$	—	$	11	$	2,264
Accumulated impairment	(368)		—		—		(368)
Total	$	1,885	$	—	$	11	$	1,896

Acquisition-related intangibles consisted of the following (in millions):

	As of December 31, 2020						As of March 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Acquisition- Related Intangibles, Net		Gross Carrying Amount		Accumulated Amortization		Acquisition- Related Intangibles, Net
Developed and core technology	$	474	$	(458)	$	16	$	474	$	(450)	$	24
Trade names and trademarks	161		(140)		21		161		(132)		29
Registered user base and other intangibles	5		(5)		—		5		(5)		—
Carrier contracts and related	85		(85)		—		85		(85)		—
Total	$	725	$	(688)	$	37	$	725	$	(672)	$	53

Amortization of intangibles for the three and nine months ended December 31, 2020 and 2019 are classified in the Condensed Consolidated Statements of Operations as follows (in millions):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2020		2019		2020		2019
Cost of revenue	$	—	$	5	$	—	$	9
Operating expenses	5		5		16		16
Total	$	5	$	10	$	16	$	25

Acquisition-related intangible assets are amortized using the straight-line method over the lesser of their estimated useful lives or the agreement terms, currently from 1 to 5 years. As of December 31, 2020 and March 31, 2020, the weighted-average remaining useful life for acquisition-related intangible assets was approximately 1.7 and 2.4 years, respectively.

As of December 31, 2020, future amortization of finite-lived acquisition-related intangibles that will be recorded in the Condensed Consolidated Statements of Operations is estimated as follows (in millions):

Fiscal Year Ending March 31,
2021 (remaining three months)	$	6
2022	22
2023	9
2024 and thereafter	—
Total	$	37