v3.26.1
Balance Sheet Details
 12 Months Ended
Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details BALANCE SHEET DETAILS
Property and Equipment, Net
Property and equipment, net, as of March 31, 2026 and 2025 consisted of (in millions):
 As of March 31,
 20262025
Computer, equipment and software$1,117 $1,033 
Buildings393 379 
Leasehold improvements237 229 
Equipment, furniture and fixtures, and other119 109 
Land66 66 
Construction in progress38 21 
1,970 1,837 
Less: accumulated depreciation(1,357)(1,251)
Property and equipment, net$613 $586 
Depreciation expense associated with property and equipment was $216 million, $204 million and $196 million for the fiscal years ended March 31, 2026, 2025, and 2024, respectively.
Accounts Payable, Accrued, and Other Current Liabilities
Accounts payable, accrued, and other current liabilities as of March 31, 2026 and 2025 consisted of (in millions):
 As of March 31,
 20262025
Accounts payable$128 $105 
Accrued compensation and benefits563 486 
Accrued royalties221 226 
Deferred net revenue (other)112 94 
Operating lease liabilities (See Note 12)
63 67 
Other accrued expenses396 297 
Sales returns and price protection reserves81 84 
Accounts payable, accrued, and other current liabilities$1,564 $1,359 
Deferred net revenue (other) includes the deferral of licensing arrangements, subscription revenue, and other revenue for which revenue recognition criteria has not been met.
Deferred net revenue
Deferred net revenue as of March 31, 2026 and 2025, consisted of (in millions):
As of March 31,
20262025
Deferred net revenue (online-enabled games)$2,233 $1,700 
Deferred net revenue (other)112 94 
Deferred net revenue (noncurrent)70 72 
Total deferred net revenue$2,415 $1,866 
During the fiscal years ended March 31, 2026 and 2025, we recognized $1,775 million and $1,875 million of revenue, respectively, that were included in the deferred net revenue balance at the beginning of the period.
Remaining Performance Obligations
As of March 31, 2026, revenue allocated to remaining performance obligations consists of our deferred revenue balance of $2,415 million. These balances exclude any estimates for future variable consideration as we have elected the optional exemption to exclude sales-based royalty revenue.