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Intangible Assets and Goodwill (Tables)
9 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Indefinite-Lived
Intangible assets consist of the following (in millions):
December 31, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,387.6 $(3,374.4)$4,013.2 
Customer-related835.2 (736.2)99.0 
In-process research and development6.4 — 6.4 
Distribution rights and other193.6 (55.9)137.7 
Total$8,422.8 $(4,166.5)$4,256.3 

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):
December 31, 2021
Gross AmountAccumulated AmortizationNet Amount
Core and developed technology$7,387.6 $(3,374.4)$4,013.2 
Customer-related835.2 (736.2)99.0 
In-process research and development6.4 — 6.4 
Distribution rights and other193.6 (55.9)137.7 
Total$8,422.8 $(4,166.5)$4,256.3 

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$233.1 
2023$743.2 
2024$666.0 
2025$531.0 
2026$459.8 
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,
2021202020212020
Amortization expense charged to cost of sales$3.2 $2.4 $9.1 $6.9 
Amortization expense charged to operating expense232.5 244.2 691.4 738.2 
Total amortization expense$235.7 $246.6 $700.5 $745.1 
Schedule of Goodwill Activity
Goodwill activity for the nine months ended December 31, 2021 by segment was as follows (in millions):
 Semiconductor Products Reporting UnitTechnology Licensing Reporting Unit
Balance at March 31, 2021$6,651.4 $19.2 
Additions3.0 — 
Balance at December 31, 2021$6,654.4 $19.2