Goodwill and Intangible Assets

9 Months Ended

Dec. 29, 2023

Goodwill

The changes in the carrying amount of goodwill were as follows:


(In millions)
Balance as of March 31, 2023	$	10,217

Purchase accounting adjustment	(14)
Translation adjustments	28
Balance as of December 29, 2023	$	10,231

Intangible assets, net


	December 29, 2023						March 31, 2023
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	1,643	$	(726)	$	917	$	1,641	$	(549)	$	1,092
Developed technology	1,343		(331)		1,012		1,462		(279)		1,183
Other	90		(13)		77		91		(8)		83
Total finite-lived intangible assets	3,076		(1,070)		2,006		3,194		(836)		2,358
Indefinite-lived trade names	739		—		739		739		—		739
Total intangible assets	$	3,815	$	(1,070)	$	2,745	$	3,933	$	(836)	$	3,097

Amortization expense for purchased intangible assets is summarized below:


	Three Months Ended				Nine Months Ended				Condensed Consolidated Statements of Operations Classification
(In millions)	December 29, 2023		December 30, 2022		December 29, 2023		December 30, 2022
Customer relationships and other	$	61	$	61	$	183	$	111	Operating expenses
Developed technology	57		57		172		78		Cost of revenues
Total	$	118	$	118	$	355	$	189

As of December 29, 2023, future amortization expense related to intangible assets that have finite lives is as follows by fiscal year: