GOODWILL AND INTANGIBLE ASSETS, NET

9 Months Ended

Dec. 31, 2022

Goodwill

The change in our goodwill balance is as follows:


	Total
Balance at March 31, 2022	$	674.6
Acquisition of Zynga (see Note 14)	6,029.7
Acquisition of Popcore (see Note 14)	67.9
Additions from immaterial acquisitions	27.5
Currency translation adjustment	(11.5)
Balance at December 31, 2022	$	6,788.2

Intangibles

The following table sets forth the intangible assets that are subject to amortization:


	December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Weighted average useful life
Developed Game Technology	$	4,910.5	$	(566.9)	$	4,343.6	7 years
Branding and Trade Names	$	395.2	$	(24.3)	$	370.9	12 years
User Base	$	325.4	$	(201.6)	$	123.8	1 year
Game Engine Technology	$	322.6	$	(53.8)	$	268.8	4 years
Developer Relationships	$	57.0	$	(8.7)	$	48.3	5 years
Advertising Technology	$	43.0	$	(8.7)	$	34.3	3 years
Customer relationships	$	31.0	$	(3.8)	$	27.2	5 years
Analytics Technology	$	29.6	$	(29.5)	$	0.1	0 years
Intellectual Property	$	22.3	$	(17.5)	$	4.8	6 years
In Place Lease	$	1.7	$	(0.9)	$	0.8	4 years
Total intangible assets	$	6,138.3	$	(915.7)	$	5,222.6

Amortization of intangible assets is included in our Condensed Consolidated Statements of Operations as follows:


	Three Months Ended December 31,				Nine Months Ended December 31,
	2022		2021		2022		2021
Cost of revenue	$	202.8	$	12.9	$	501.7	$	38.6
Selling and marketing	$	80.5	$	0.8	$	196.5	$	4.5
Research and development	$	7.2	$	1.6	$	17.5	$	5.0
Depreciation and amortization	$	11.4	$	0.6	$	24.4	$	1.5
Total amortization of intangible assets	$	301.9	$	15.9	$	740.1	$	49.6

Estimated future amortization of intangible assets that will be recorded in Cost of revenue and operating expenses are as follows: