Goodwill and Intangible Assets, Net

12 Months Ended

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill were as follows:



(In millions)	Distribution Solutions			Technology Solutions			Total
Balance, March 31, 2015	$	7,994		$	1,823		$	9,817
Goodwill acquired	21			—			21
Acquisition accounting, transfers and other adjustments	8			—			8
Goodwill disposed	(59		)	(27		)	(86		)
Foreign currency translation adjustments, net	23			3			26
Balance, March 31, 2016	$	7,987		$	1,799		$	9,786
Goodwill acquired	2,836			22			2,858
Acquisition accounting, transfers and other adjustments	(146		)	1			(145		)
Impairment	—			(290		)	(290		)
Amount reclassified to assets held for sale	(165		)	—			(165		)
Goodwill disposed ⁽¹⁾	(30		)	(1,078		)	(1,108		)
Foreign currency translation adjustments, net	(350		)	—			(350		)
Balance, March 31, 2017	$	10,132		$	454		$	10,586


(1)	2017 Technology Solutions segment amount represents goodwill disposal associated with Healthcare Technology Net Asset Exchange transaction. Refer to Financial Note 2, “Healthcare Technology Net Asset Exchange” for more information.

As of March 31, 2017 and 2016, the accumulated goodwill impairment losses were $290 million and $36 million primarily in our Technology Solutions segment. Refer to Financial Note 3, “Goodwill Impairment,” for more information on the impairment charge recorded in 2017.

Information regarding intangible assets is as follows:



	March 31, 2017								March 31, 2016
(Dollars in millions)	Weighted Average Remaining Amortization Period (Years)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	11	$	2,893	$	(1,295	)	$	1,598	$	2,652	$	(1,324	)	$	1,328
Service agreements	13	1,009		(316		)	693		959		(269		)	690
Pharmacy licenses	25	741		(150		)	591		857		(121		)	736
Trademarks and trade names	15	845		(124		)	721		314		(96		)	218
Technology	4	69		(64		)	5		195		(182		)	13
Other	5	201		(144		)	57		163		(127		)	36
Total		$	5,758	$	(2,093	)	$	3,665	$	5,140	$	(2,119	)	$	3,021

Amortization expense of intangible assets was $444 million, $431 million and $494 million for 2017, 2016 and 2015. Estimated annual amortization expense of intangible assets is as follows: $385 million, $370 million, $355 million, $341 million and $309 million for 2018 through 2022, and $1,905 million thereafter. All intangible assets were subject to amortization as of March 31, 2017 and 2016.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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