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Intangible Assets and Goodwill (Tables)
12 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible assets consist of the following (amounts in millions):
 
 
March 31, 2018
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
 
$
1,952.3

 
$
(644.4
)
 
$
1,307.9

Customer-related
 
716.9

 
(375.9
)
 
341.0

In-process research and development
 
12.1

 

 
12.1

Distribution rights
 
0.3

 
(0.1
)
 
0.2

Other
 
1.5

 
(0.7
)
 
0.8

Total
 
$
2,683.1

 
$
(1,021.1
)
 
$
1,662.0


 
 
March 31, 2017
 
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Core and developed technology
 
$
1,932.3

 
$
(419.5
)
 
$
1,512.8

Customer-related
 
716.9

 
(123.6
)
 
593.3

Trademarks and trade names
 
11.7

 
(9.6
)
 
2.1

In-process research and development
 
38.5

 

 
38.5

Distribution rights
 
5.6

 
(5.3
)
 
0.3

Other
 
1.5

 
(0.4
)
 
1.1

Total
 
$
2,706.5

 
$
(558.4
)
 
$
2,148.1

Projected Amortization Expense
The following is an expected amortization schedule for the intangible assets for fiscal 2019 through fiscal 2023, absent any future acquisitions or impairment charges (amounts in millions):

Fiscal Year Ending
March 31,
Projected Amortization
Expense
2019
$362.8
2020
314.6
2021
259.3
2022
192.5
2023
143.7
Goodwill Activity
Goodwill activity for fiscal 2018 and fiscal 2017 was as follows (amounts in millions):
 
Semiconductor Products
Reporting Unit
 
Technology
Licensing
Reporting Unit
Balance at March 31, 2016
$
993.5

 
$
19.2

Additions due to the acquisition of Atmel
1,286.3

 

Balance at March 31, 2017
2,279.8

 
19.2

Balance at March 31, 2018
$
2,279.8

 
$
19.2