Goodwill And Intangible Assets

6 Months Ended

Sep. 28, 2012

Goodwill And Intangible Assets [Abstract]

Note 4. Goodwill and Intangible Assets

Goodwill

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


	Consumer	Security and Compliance	Storage and Server Management	Services	Total
	(In millions)
Net balance as of March 30, 2012	$ 355	$ 2,486	$ 2,985	$ -	$ 5,826
Addition ⁽¹⁾	”-“	24	”-“	”-“	24
Adjustments	”-“	(3)	(5)	”-“	(8)
Net balance as of September 28, 2012	$ 355	$ 2,507	$ 2,980	$ -	$ 5,842

____________

⁽¹⁾See Note 3 for the business combination completed in fiscal 2013.

Intangible assets, net


	As of September 28, 2012				As of March 30, 2012
	Gross Carrying Amount	Accumulated Amortization	Net Carrying Amount	Weighted-Average Remaining Useful Life	Gross Carrying Amount	Accumulated Amortization	Net Carrying Amount	Weighted-Average Remaining Useful Life
	($ in millions)
Customer relationships	$ 2,215	$ (1,634)	$ 581	2 years	$ 2,219	$ (1,499)	$ 720	3 years
Developed technology	1,914	(1,689)	225	4 years	1,914	(1,654)	260	4 years
Finite-lived tradenames	146	(103)	43	3 years	146	(96)	50	3 years
Patents	26	(17)	9	5 years	75	(65)	10	6 years
Indefinite-lived tradenames	297	”-“	297	-	297	”-“	297	-
Intangible assets, net	$ 4,598	$ (3,443)	$ 1,155	2 years	$ 4,651	$ (3,314)	$ 1,337	3 years

Total amortization expense for intangible assets that have finite lives was $91 million and $181 million for the three and six months ended September 28, 2012, respectively, and $96 million and $189 million for the three and six months ended September 30, 2011, respectively. Total future amortization expense for intangible assets that have finite lives as of September 28, 2012, is approximated as follows (in millions):


Remainder of fiscal 2013	$ 174
2014	211
2015	157
2016	107
2017	88
Thereafter	121
Total	$ 858

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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