v3.25.1
Goodwill and Intangible Assets
 12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
6. GOODWILL AND INTANGIBLE ASSETS
A summary of the changes in the carrying value of goodwill for fiscal 2025 and fiscal 2024 follows. 
in millionsNorth AmericaEuropeAsiaSouth AmericaTotal
Carrying value of goodwill at March 31, 2023(1)
$660 $234 $41 $141 $1,076 
Foreign currency translation adjustment— — (2)— (2)
Carrying value of goodwill at March 31, 2024(1)
660 234 39 141 1,074 
Carrying value of goodwill at March 31, 2025(1)
$660 $234 $39 $141 $1,074 
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(1)Carrying value of goodwill at March 31, 2025, 2024, and 2023 is net of accumulated impairment of $860 million for North America, $330 million for Europe, and $150 million for South America.

The components of intangible assets, net are as follows.
 March 31, 2025March 31, 2024
in millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Tradenames$154 $(138)$16 $152 $(129)$23 
Technology and software606 (484)122 563 (450)113 
Customer-related intangible assets852 (482)370 851 (444)407 
Other intangibles5 (4)1 4 (2)2 
$1,617 $(1,108)$509 $1,570 $(1,025)$545 

Amortization expense related to intangible assets, net is as follows.
in millions
Fiscal 2025
Fiscal 2024
Fiscal 2023
Amortization expense related to intangible assets included in depreciation and amortization
$83 $73 $74 

Estimated total amortization expense related to intangible assets, net for each of the five succeeding fiscal years is as follows (in millions). Actual amounts may differ from these estimates due to such factors as customer turnover, raw material consumption patterns, impairments, additional intangible asset acquisitions, or other events.
Fiscal Year Ending March 31,Amount
2026$94 
202779 
202862 
202956 
203055