v3.26.1
Property and Equipment, Net
12 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
The components of property and equipment, net were as follows:
 March 31,
 20262025
Furniture and equipment$124 $113 
Computer equipment102 109 
Leasehold improvements263 236 
Total489 458 
Less: Accumulated depreciation and amortization(318)(281)
Property and equipment, net$171 $177 
Depreciation expense relating to property and equipment was $38 million for fiscal 2026 and $41 million for both fiscal 2025 and 2024. Amortization expense related to leasehold improvements was $30 million for both fiscal 2026 and 2024, and $29 million for fiscal 2025. During fiscal 2026 and 2025, the Company reduced the gross cost and accumulated depreciation and amortization by $32 million and $90 million, respectively, for zero net book value assets deemed no longer in service.