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Intangible Assets and Goodwill (Tables)
3 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Indefinite-Lived
Intangible assets consist of the following (in millions):
June 30, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,369.5 $(2,964.3)$4,405.2 
Customer-related835.2 (713.8)121.4 
In-process research and development6.4 — 6.4 
Distribution rights and other106.6 (58.2)48.4 
Total$8,317.7 $(3,736.3)$4,581.4 

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 
Schedule of Intangible Assets, Finite-Lived
Intangible assets consist of the following (in millions):
June 30, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,369.5 $(2,964.3)$4,405.2 
Customer-related835.2 (713.8)121.4 
In-process research and development6.4 — 6.4 
Distribution rights and other106.6 (58.2)48.4 
Total$8,317.7 $(3,736.3)$4,581.4 

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 
Schedule of Projected Amortization Expense
The following is an expected amortization schedule for the intangible assets for the remainder of fiscal 2022 through fiscal 2026, absent any future acquisitions or impairment charges (in millions):
Fiscal Year Ending March 31,Projected Amortization Expense
2022$697.7 
2023$727.6 
2024$648.8 
2025$514.5 
2026$446.4 
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 June 30,
20212020
Amortization expense charged to cost of sales$2.7 $1.9 
Amortization expense charged to operating expense228.3 249.8 
Total amortization expense$231.0 $251.7 
Schedule of Goodwill Activity
The following shows the goodwill balance as of June 30, 2021 and March 31, 2021 by segment (in millions):
 Semiconductor Products Reporting UnitTechnology Licensing Reporting Unit
Goodwill$6,651.4 $19.2