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Goodwill And Acquisition-Related Intangibles, Net
3 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Acquisition-Related Intangibles, Net GOODWILL AND ACQUISITION-RELATED INTANGIBLES, NET
The changes in the carrying amount of goodwill for the six months ended September 30, 2023 are as follows (in millions):
As of
March 31, 2023
ActivityEffects of Foreign Currency Translation
As of
September 30, 2023
Goodwill$5,748 $— $(2)$5,746 
Accumulated impairment(368)— — (368)
Total$5,380 $— $(2)$5,378 
Acquisition-related intangibles consisted of the following (in millions):
 
As of September 30, 2023
As of March 31, 2023
 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 $(796)$255 $1,051 $(754)$297 
Trade names and trademarks596 (317)279 596 (285)311 
Registered user base and other intangibles56 (56)— 56 (50)
Total finite-lived acquisition-related intangibles$1,703 $(1,169)$534 $1,703 $(1,089)$614 
Indefinite-lived acquisition-related intangibles
In-process research and development
$$— $$$— $
Total acquisition-related intangibles, net$1,707 $(1,169)$538 $1,707 $(1,089)$618 
Amortization of intangibles, including impairments for the three and six months ended September 30, 2023 and 2022 are classified in the Condensed Consolidated Statements of Operations as follows (in millions):
Three Months Ended
September 30,
Six Months Ended
September 30,
2023202220232022
Cost of revenue$15 $39 $31 $69 
Operating expenses24 43 49 82 
Total$39 $82 $80 $151 
During the three and six months ended September 30, 2023, there were no impairment charges for acquisition-related intangible assets.
During the three months ended September 30, 2022, we recorded an $18 million impairment charge for acquisition-related intangible assets, of which $12 million was recorded within cost of revenue and $6 million was recorded in 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 September 30, 2023 and March 31, 2023, the weighted-average remaining useful life for acquisition-related intangible assets was approximately 4.5 and 4.8 years, respectively.
As of September 30, 2023, 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, 
2024 (remaining six months)$70 
2025122 
2026118 
202799 
202896 
202929 
Total$534