v3.22.4
Intangible Assets (Tables)
 9 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Amortizable 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 
Schedule of Components of Amortization Expense
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 of Intangible Assets
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