XML 52 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
Intangible Assets and Goodwill (Tables)
6 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
Intangible assets consist of the following (in millions):
 
 
September 30, 2018
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
 
$
6,266.4

 
$
(844.9
)
 
$
5,421.5

Customer-related
 
1,043.9

 
(464.0
)
 
579.9

Backlog
 
27.9

 
(11.2
)
 
16.7

In-process research and development
 
801.9

 

 
801.9

Distribution rights
 
0.4

 
(0.2
)
 
0.2

Other
 
7.2

 
(1.5
)
 
5.7

Total
 
$
8,147.7

 
$
(1,321.8
)
 
$
6,825.9


 
 
March 31, 2018
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
 
$
1,952.3

 
$
(644.4
)
 
$
1,307.9

Customer-related
 
716.9

 
(375.9
)
 
341.0

In-process research and development
 
12.1

 

 
12.1

Distribution rights
 
0.3

 
(0.1
)
 
0.2

Other
 
1.5

 
(0.7
)
 
0.8

Total
 
$
2,683.1

 
$
(1,021.1
)
 
$
1,662.0

Schedule of projected amortization expense
The following is an expected amortization schedule for the intangible assets for the remainder of fiscal 2019 through fiscal 2023, absent any future acquisitions or impairment charges (in millions):

Fiscal Year Ending
March 31,
Projected Amortization
Expense
2019
$393.9
2020
$991.9
2021
$926.6
2022
$852.0
2023
$660.4
Schedule of goodwill activity
Goodwill activity for the three and six months ended September 30, 2018 was as follows (in millions):
 
Semiconductor Products Reporting Unit
 
Technology Licensing Reporting Unit
Balance at March 31, 2018
$
2,279.8

 
$
19.2

Additions due to the acquisition of Microsemi
4,488.5

 

Balance at September 30, 2018
$
6,768.3

 
$
19.2