Goodwill And Intangible Assets, Net

9 Months Ended

Dec. 31, 2011

Goodwill And Intangible Assets, Net [Abstract]

7. Goodwill and Intangible Assets, Net

Changes in the carrying amount of goodwill were as follows:


		Distribution			Technology
(In millions)		Solutions			Solutions			Total
Balance, March 31, 2011	$	2,662		$	1,702		$	4,364
Goodwill acquired, net of purchase price adjustments		21			135			156
Foreign currency translation adjustments		(4	)		(19	)		(23	)
Balance, December 31, 2011	$	2,679		$	1,818		$	4,497

Information regarding intangible assets is as follows:


			December 31, 2011									March 31, 2011
	Weighted
	Average
	Remaining
	Amortization		Gross					Net		Gross					Net
	Period		Carrying	Accumulated				Carrying		Carrying		Accumulated			Carrying
(Dollars in millions)	(years)		Amount	Amortization				Amount		Amount		Amortization			Amount
Customer lists	7	$	1,074	$	(526	)	$	548	$	1,057	$	(444	)	$	613
Service agreements	17		701		(46	)		655		723		(11	)		712
Trademarks and trade names	13		77		(36	)		41		76		(31	)		45
Technology	4		234		(185	)		49		204		(170	)		34
Other	8		76		(28	)		48		76		(24	)		52
Total		$	2,162	$	(821	)	$	1,341	$	2,136	$	(680	)	$	1,456

Amortization expense of intangible assets was $49 million and $147 million for the quarter and nine months ended December 31, 2011 and $28 million and $84 million for the quarter and nine months ended December 31, 2010. Estimated annual amortization expense of these assets is as follows: $194 million, $178 million, $164 million, $144 million and $120 million for 2012 through 2016 and $688 million thereafter. All intangible assets were subject to amortization as of December 31, 2011 and March 31, 2011.

- 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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