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Goodwill And Acquisition-Related Intangibles, Net
12 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Acquisition-Related Intangibles, Net
(8) GOODWILL AND ACQUISITION-RELATED INTANGIBLES, NET
The changes in the carrying amount of goodwill for the fiscal year ended March 31, 2019 are as follows (in millions):
 
As of
March 31, 2018
 
Activity
 
Effects of Foreign Currency Translation
 
As of
March 31, 2019
Goodwill
$
2,251

 
$
14

 
$
(5
)
 
$
2,260

Accumulated impairment
(368
)
 

 

 
(368
)
Total
$
1,883

 
$
14

 
$
(5
)
 
$
1,892


The changes in the carrying amount of goodwill for the fiscal year ended March 31, 2018 are as follows (in millions):
 
As of
March 31, 2017
 
Activity
 
Effects of Foreign Currency Translation
 
As of
March 31, 2018
Goodwill
$
2,075

 
$
171

 
$
5

 
$
2,251

Accumulated impairment
(368
)
 

 

 
(368
)
Total
$
1,707

 
$
171

 
$
5

 
$
1,883


Goodwill represents the excess of the purchase price over the fair value of the underlying acquired net tangible and intangible assets.
Acquisition-related intangibles, consisted of the following (in millions): 
 
As of March 31, 2019
 
As of March 31, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Acquisition-
Related
Intangibles, Net
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Acquisition-
Related
Intangibles, Net
Developed and core technology
$
469

 
$
(427
)
 
$
42

 
$
417

 
$
(414
)
 
$
3

Trade names and trademarks
161

 
(121
)
 
40

 
161

 
(107
)
 
54

Registered user base and other intangibles
5

 
(5
)
 

 
5

 
(5
)
 

Carrier contracts and related
85

 
(85
)
 

 
85

 
(85
)
 

In-process research and development
5

 

 
5

 
14

 

 
14

Total
$
725

 
$
(638
)
 
$
87

 
$
682

 
$
(611
)
 
$
71

The fair value of acquisition-related intangible assets acquired in the GameFly Cloud Gaming acquisition during the three months ended June 30, 2018 was $43 million, all of which was allocated to developed and core technology, and has a useful life of approximately 4.0 years.
Amortization of intangibles for the fiscal years ended March 31, 2019, 2018 and 2017 are classified in the Consolidated Statements of Operations as follows (in millions): 
 
Year Ended March 31,
 
2019
 
2018
 
2017
Cost of service and other
$
1

 
$

 
$
16

Cost of product
3

 
2

 
27

Operating expenses
23

 
9

 
6

Total
$
27

 
$
11

 
$
49



There were no impairment charges for acquisition-related intangible assets during fiscal years 2019 and 2018. During fiscal year 2017, we determined that the carrying value of one of our acquisition-related intangible assets was not recoverable. The acquisition-related intangible asset was measured using Level 3 inputs and was written down to a fair value of zero. We recognized an impairment charge of $15 million in cost of product revenue in our Consolidated Statements of Operations.
Finite-lived acquisition-related intangible assets are amortized using the straight-line method over the lesser of their estimated useful lives or the agreement terms, currently from 1 to 9 years. As of March 31, 2019 and 2018, the weighted-average remaining useful life for acquisition-related intangible assets was approximately 3.2 years and 4.3 years, respectively.
As of March 31, 2019, future amortization of finite-lived acquisition-related intangibles that will be recorded in the Consolidated Statements of Operations is estimated as follows (in millions): 
Fiscal Year Ending March 31,
 
2020
$
30

2021
22

2022
22

2023
8

2024

Thereafter

Total
$
82