(10) BALANCE SHEET DETAILS

Property and Equipment, Net

Property and equipment, net, as of September 30, 2018 and March 31, 2018 consisted of (in millions):



	As of September 30, 2018			As of March 31, 2018
Computer, equipment and software	$	742		$	744
Buildings	342			336
Leasehold improvements	135			139
Equipment, furniture and fixtures, and other	82			84
Land	66			66
Construction in progress	9			7
	1,376			1,376
Less: accumulated depreciation	(936		)	(923		)
Property and equipment, net	$	440		$	453

During the three and six months ended September 30, 2018 depreciation expense associated with property and equipment was $30 million and $60 million, respectively.

During the three and six months ended September 30, 2017 depreciation expense associated with property and equipment was $30 million and $59 million, respectively.

Accrued and Other Current Liabilities

Accrued and other current liabilities as of September 30, 2018 and March 31, 2018 consisted of (in millions):



	As of September 30, 2018		As of March 31, 2018
Other accrued expenses	$	359	$	260
Accrued compensation and benefits	172		282
Accrued royalties	155		171
Sales return and price protection reserves	108		—
Deferred net revenue (other)	113		108
Accrued and other current liabilities	$	907	$	821

Deferred net revenue (other) includes the deferral of subscription revenue, advertising revenue, licensing arrangements, and other revenue for which revenue recognition criteria has not been met.

As a result of the adoption of the New Revenue Standard, as of September 30, 2018, our sales returns and price protection reserves are now classified within accrued and other liabilities (previously, these allowances were classified as a contra-asset within receivables on our Condensed Consolidated Balance Sheets).

Deferred net revenue

Deferred net revenue as of September 30, 2018 and April 1, 2018, as adjusted, consisted of (in millions):



	As of September 30, 2018		As of April 1, 2018 (as adjusted)
Deferred net revenue (online-enabled games)	$	574	$	949
Deferred net revenue (other)	113		105
Deferred net revenue (noncurrent)	12		5
Total Deferred net revenue	$	699	$	1,059

Total deferred net revenue decreased by $360 million, from April 1, 2018, as adjusted, to September 30, 2018. The change was driven by $1,128 million of revenue that was deferred. This was offset by the portion of the net bookings that was deferred and recognized, totaling $1,488 million. Of the $1,488 million, $1,019 million relates to revenue recognized in the six months ended September 30, 2018 that was included in the deferred revenue balance as of April 1, 2018, as adjusted.

Remaining Performance Obligations

As of September 30, 2018, revenue allocated to remaining performance obligations consists of our deferred revenue balance of $699 million. These balances exclude any estimates for future variable consideration as we have elected the optional exemption to exclude sales-based royalty revenue. We expect to recognize substantially all of these balances as revenue over the next 12 months.