Goodwill and Intangible Assets

3 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill

The changes in the carrying amount of goodwill were as follows:

(In millions)
Balance as of March 31, 2023	$	10,217
Translation adjustments	24
Balance as of June 30, 2023	$	10,241

Intangible assets, net

	June 30, 2023						March 31, 2023
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	1,643	$	(608)	$	1,035	$	1,641	$	(549)	$	1,092
Developed technology	1,464		(337)		1,127		1,462		(279)		1,183
Other	91		(10)		81		91		(8)		83
Total finite-lived intangible assets	3,198		(955)		2,243		3,194		(836)		2,358
Indefinite-lived trade names	739		—		739		739		—		739
Total intangible assets	$	3,937	$	(955)	$	2,982	$	3,933	$	(836)	$	3,097

Amortization expense for purchased intangible assets is summarized below:

	Three Months Ended				Condensed Consolidated Statements of Operations Classification
(In millions)	June 30, 2023		July 1, 2022
Customer relationships and other	$	61	$	21	Operating expenses
Developed technology	57		5		Cost of revenues
Total	$	118	$	26

As of June 30, 2023, future amortization expense related to intangible assets that have finite lives is as follows by fiscal year:

(In millions)
Remainder of 2024	$	344
2025	401
2026	395
2027	382
2028	379
Thereafter	342
Total	$	2,243