v3.22.4
Intangible Assets
9 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Intangible assets consisted of the following:

As of December 31, 2022As of March 31, 2022
(in millions)Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Software$3,999 $3,198 $801 $4,063 $3,039 $1,024 
Customer related3,891 2,140 1,751 4,148 1,995 2,153 
Other309 120 189 291 90 201 
Total intangible assets$8,199 $5,458 $2,741 $8,502 $5,124 $3,378 


The components of amortization expense were as follows:

Three Months EndedNine Months Ended
(in millions)December 31, 2022December 31, 2021December 31, 2022December 31, 2021
Intangible asset amortization$201 $212 $598 $649 
Transition and transformation contract cost amortization(1)
51 56 156 166 
Total amortization expense$252 $268 $754 $815 
        

(1)Transition and transformation contract costs are included within other assets on the balance sheet.

Estimated future amortization related to intangible assets as of December 31, 2022 is as follows:

Fiscal Year (in millions)
Remainder of 2023$232 
2024706 
2025591 
2026526 
2027383 
Thereafter303 
Total$2,741