Goodwill and Intangible Assets (Tables)

12 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

A summary of the changes in the carrying value of goodwill for fiscal 2024 and fiscal 2023 follows. 

in millions	North America		Europe		Asia		South America		Total
Carrying value of goodwill at March 31, 2022(1)	$	660	$	235	$	45	$	141	$	1,081
Foreign currency translation adjustment	—		(1)		(4)		—		(5)
Carrying value of goodwill at March 31, 2023(1)	660		234		41		141		1,076
Foreign currency translation adjustment	—		—		(2)		—		(2)
Carrying value of goodwill at March 31, 2024(1)	$	660	$	234	$	39	$	141	$	1,074

Schedule of intangible assets, net

The components of intangible assets, net are as follows.

	March 31, 2024						March 31, 2023
in millions	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Tradenames	$	152	$	(129)	$	23	$	152	$	(122)	$	30
Technology and software	563		(450)		113		537		(425)		112
Customer-related intangible assets	851		(444)		407		852		(405)		447
Other intangibles	4		(2)		2		2		(2)		—
	$	1,570	$	(1,025)	$	545	$	1,543	$	(954)	$	589

Schedule of amortization expense

Amortization expense related to intangible assets, net is as follows.

in millions	Fiscal 2024		Fiscal 2023		Fiscal 2022
Amortization expense related to intangible assets included in depreciation and amortization	$	73	$	74	$	93

Schedule of finite-lived intangible assets, future amortization expense

Estimated total amortization expense related to intangible assets, net for each of the five succeeding fiscal years is as follows (in millions). Actual amounts may differ from these estimates due to such factors as customer turnover, raw material consumption patterns, impairments, additional intangible asset acquisitions, or other events.

Fiscal Year Ending March 31,	Amount
2025	$	86
2026	82
2027	68
2028	57
2029	55