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Goodwill And Acquisition-Related Intangibles, Net
3 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Acquisition-Related Intangibles, Net
(6) GOODWILL AND ACQUISITION-RELATED INTANGIBLES, NET
The changes in the carrying amount of goodwill for the nine months ended December 31, 2022 are as follows (in millions):
As of
March 31, 2022
ActivityEffects of Foreign Currency Translation
As of
December 31, 2022
Goodwill$5,755 $— $(7)$5,748 
Accumulated impairment(368)— — (368)
Total$5,387 $— $(7)$5,380 
Acquisition-related intangibles consisted of the following (in millions):
 
As of December 31, 2022
As of March 31, 2022
 Gross
Carrying
Amount
Accumulated
Amortization
Acquisition-
Related
Intangibles, Net
Gross
Carrying
Amount
Accumulated
Amortization
Acquisition-
Related
Intangibles, Net
Finite-lived acquisition-related intangibles
Developed and core technology$1,051 $(723)$328 $1,102 $(643)$459 
Trade names and trademarks596 (268)328 609 (212)397 
Registered user base and other intangibles56 (47)56 (30)26 
Total finite-lived acquisition-related intangibles$1,703 $(1,038)$665 $1,767 $(885)$882 
Indefinite-lived acquisition-related intangibles
In-process research and development
$70 $— $70 $80 $— $80 
Total acquisition-related intangibles, net$1,773 $(1,038)$735 $1,847 $(885)$962 
Amortization of intangibles, including impairments for the three and nine months ended December 31, 2022 and 2021 are classified in the Condensed Consolidated Statements of Operations as follows (in millions):
Three Months Ended
December 31,
Nine Months Ended
December 31,
2022202120222021
Cost of revenue$26 $44 $95 $88 
Operating expenses50 61 132 131 
Total$76 $105 $227 $219 
During the three months ended December 31, 2022, we recorded impairment charges of $22 million for acquisition-related intangible assets within operating expenses. During the nine months ended December 31, 2022, we recorded impairment charges of $40 million for acquisition-related intangible assets, of which $12 million was recorded within cost of revenue and $28 million was recorded within operating expenses.
During the three and nine months ended December 31, 2021, we recorded impairment charges of $14 million and $26 million, respectively, for acquisition-related intangible assets, which were recorded within operating expenses.
Acquisition-related intangible assets are generally amortized using the straight-line method over the lesser of their estimated useful lives or the agreement terms, currently ranging from 2 to 7 years. As of December 31, 2022 and March 31, 2022, the weighted-average remaining useful life for acquisition-related intangible assets was approximately 4.9 and 5.2 years, respectively.
As of December 31, 2022, 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, 
2023 (remaining three months)$51 
2024150 
2025122 
2026118 
202799 
202896 
2029 and thereafter29 
Total$665