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Intangible Assets and Goodwill (Tables)
9 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets consist of the following (in millions):
 
December 31, 2019
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
$
7,345.0

 
$
(1,733.8
)
 
$
5,611.2

Customer-related
916.7

 
(651.7
)
 
265.0

In-process research and development
8.8

 

 
8.8

Distribution rights and other
90.6

 
(36.1
)
 
54.5

Total
$
8,361.1

 
$
(2,421.6
)
 
$
5,939.5


 
March 31, 2019
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
$
7,339.2

 
$
(1,102.2
)
 
$
6,237.0

Customer-related
917.1

 
(544.0
)
 
373.1

In-process research and development
7.7

 

 
7.7

Distribution rights and other
81.4

 
(13.6
)
 
67.8

Total
$
8,345.4

 
$
(1,659.8
)
 
$
6,685.6


Schedule of Intangible Assets

Intangible assets consist of the following (in millions):
 
December 31, 2019
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
$
7,345.0

 
$
(1,733.8
)
 
$
5,611.2

Customer-related
916.7

 
(651.7
)
 
265.0

In-process research and development
8.8

 

 
8.8

Distribution rights and other
90.6

 
(36.1
)
 
54.5

Total
$
8,361.1

 
$
(2,421.6
)
 
$
5,939.5


 
March 31, 2019
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
$
7,339.2

 
$
(1,102.2
)
 
$
6,237.0

Customer-related
917.1

 
(544.0
)
 
373.1

In-process research and development
7.7

 

 
7.7

Distribution rights and other
81.4

 
(13.6
)
 
67.8

Total
$
8,345.4

 
$
(1,659.8
)
 
$
6,685.6


Schedule of Projected Amortization Expense
The following is an expected amortization schedule for the intangible assets for remainder of fiscal 2020 through fiscal 2024, absent any future acquisitions or impairment charges (in millions):
Fiscal Year Ending
March 31,
 
Projected Amortization
Expense
2020
 
$
259.0

2021
 
$
972.9

2022
 
$
902.2

2023
 
$
708.4

2024
 
$
616.3


Schedule of Amortization Expense by Intangible Asset Class Amortization expense attributed to intangible assets are assigned to cost of sales and operating expenses as follows (in millions):
 
Three Months Ended
December 31,
 
Nine Months Ended
December 31,
 
2019
 
2018
 
2019
 
2018
Amortization expense charged to cost of sales
$
2.5

 
$
1.8

 
$
7.1

 
$
4.9

Amortization expense charged to operating expense
256.1

 
195.1

 
770.5

 
500.6

Total amortization expense
$
258.6

 
$
196.9

 
$
777.6

 
$
505.5


Schedule of Goodwill Activity
Goodwill activity for the nine months ended December 31, 2019 was as follows (amounts in millions):
 
Semiconductor Products
Reporting Unit
 
Technology
Licensing
Reporting Unit
Balance at March 31, 2019
$
6,644.7

 
$
19.2

Additions
0.9

 

Balance at December 31, 2019
$
6,645.6

 
$
19.2