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Intangible Assets and Goodwill (Tables)
9 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Indefinite-Lived
Intangible assets consist of the following (in millions):
December 31, 2020
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,362.4 $(2,558.5)$4,803.9 
Customer-related835.2 (679.7)155.5 
In-process research and development7.7 — 7.7 
Distribution rights and other126.1 (67.4)58.7 
Total$8,331.4 $(3,305.6)$5,025.8 

March 31, 2020
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,331.9 $(1,924.6)$5,407.3 
Customer-related903.6 (674.7)228.9 
In-process research and development8.8 — 8.8 
Distribution rights and other126.0 (68.7)57.3 
Total$8,370.3 $(2,668.0)$5,702.3 
Schedule of Intangible Assets, Finite-Lived
Intangible assets consist of the following (in millions):
December 31, 2020
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,362.4 $(2,558.5)$4,803.9 
Customer-related835.2 (679.7)155.5 
In-process research and development7.7 — 7.7 
Distribution rights and other126.1 (67.4)58.7 
Total$8,331.4 $(3,305.6)$5,025.8 

March 31, 2020
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,331.9 $(1,924.6)$5,407.3 
Customer-related903.6 (674.7)228.9 
In-process research and development8.8 — 8.8 
Distribution rights and other126.0 (68.7)57.3 
Total$8,370.3 $(2,668.0)$5,702.3 
Schedule of Projected Amortization Expense
The following is an expected amortization schedule for the intangible assets for the remainder of fiscal 2021 through fiscal 2025, absent any future acquisitions or impairment charges (in millions):
Fiscal Year Ending
March 31,
Projected Amortization
Expense
2021$247.9 
2022$911.8 
2023$707.0 
2024$626.2 
2025$508.9 
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,
2020201920202019
Amortization expense charged to cost of sales$2.4 $2.5 $6.9 $7.1 
Amortization expense charged to operating expense244.2 256.1 738.2 770.5 
Total amortization expense$246.6 $258.6 $745.1 $777.6 
Schedule of Goodwill Activity
Goodwill activity for the nine months ended December 31, 2020 by segment was as follows (in millions):
 Semiconductor Products
Reporting Unit
Technology
Licensing
Reporting Unit
Balance at March 31, 2020$6,645.6 $19.2 
Additions5.8 — 
Balance at December 31, 2020$6,651.4 $19.2