XML 50 R35.htm IDEA: XBRL DOCUMENT v3.21.1
Intangible Assets and Goodwill (Tables)
12 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Indefinite-Lived
Intangible assets consist of the following (in millions):
March 31, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,371.3 $(2,771.0)$4,600.3 
Customer-related835.2 (702.6)132.6 
In-process research and development7.7 — 7.7 
Distribution rights and other130.2 (76.0)54.2 
Total$8,344.4 $(3,549.6)$4,794.8 

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):
March 31, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,371.3 $(2,771.0)$4,600.3 
Customer-related835.2 (702.6)132.6 
In-process research and development7.7 — 7.7 
Distribution rights and other130.2 (76.0)54.2 
Total$8,344.4 $(3,549.6)$4,794.8 

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 fiscal 2022 through fiscal 2026, absent any future acquisitions or impairment charges (in millions):
Fiscal Year Ending March 31,Projected Amortization Expense
2022$912.0 
2023$707.2 
2024$627.7 
2025$508.1 
2026$445.3 
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):
Fiscal Year Ended March 31,
202120202019
Amortization expense charged to cost of sales$9.4 $8.9 $9.6 
Amortization expense charged to operating expense983.3 1,037.8 686.2 
Total amortization expense$992.7 $1,046.7 $695.8 
Schedule of Goodwill Activity
Goodwill activity by segment was as follows (in millions):
 Semiconductor Products
Reporting Unit
Technology
Licensing
Reporting Unit
Balance at March 31, 2019$6,644.7 $19.2 
Additions0.9 — 
Balance at March 31, 20206,645.6 19.2 
Additions5.8 — 
Balance at March 31, 2021$6,651.4 $19.2