Intangible Assets (Tables)

3 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Amortizable Intangible Assets

Intangible assets consisted of the following:

	As of June 30, 2022
(in millions)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Software	$	4,025	$	3,071	$	954
Customer related intangible assets	3,985		2,016		1,969
Other intangible assets	293		99		194
Total intangible assets	$	8,303	$	5,186	$	3,117

	As of March 31, 2022
(in millions)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Software	$	4,063	$	3,039	$	1,024
Customer related intangible assets	4,148		1,995		2,153
Other intangible assets	291		90		201
Total intangible assets	$	8,502	$	5,124	$	3,378

Schedule of Components of Amortization Expense

The components of amortization expense were as follows:

	Three Months Ended
(in millions)	June 30, 2022		June 30, 2021
Intangible assets amortization	$	199	$	215
Transition and transformation contract cost amortization(1)	52		49
Total amortization expense	$	251	$	264

(1)Transaction and transformation contract costs are included within other assets on the balance sheet.

Estimated Future Amortization of Intangible Assets

Estimated future amortization related to intangible assets as of June 30, 2022 is as follows:

Fiscal Year	(in millions)
Remainder of 2023	$	600
2024	$	666
2025	$	564
2026	$	520
2027	$	383
Thereafter	$	384