Computer Associates 2010 Annual Report Download - page 80

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billings but do not include unbilled contractual commitments executed under license agreements implemented since October
2000. The components of trade and installment accounts receivable, net are as follows:
(IN MILLIONS) 2010 2009
MARCH 31,
Current:
Accounts receivable — billed $ 768 $ 658
Accounts receivable — unbilled 72 71
Other receivables 26 34
Unbilled amounts due within the next 12 months — prior business model 93 108
Less: Allowance for doubtful accounts (24) (25)
Less: Unamortized discounts (4) (7)
Trade and installment accounts receivable, net $ 931 $ 839
Noncurrent:
Unbilled amounts due beyond the next 12 months — prior business model $46 $ 132
Less: Allowance for doubtful accounts ——
Less: Unamortized discounts
(1)
—(4)
Installment accounts receivable, due after one year, net $46 $ 128
(1) Less than $1 million
Note 7 — long-lived assets
Property and equipment:
A summary of property and equipment is as follows:
(IN MILLIONS) 2010 2009
MARCH 31,
Land and buildings $ 208 $ 199
Equipment, software developed for internal use, furniture, and leasehold improvements 874 833
1,082 1,032
Accumulated depreciation and amortization (630) (590)
Property and equipment, net $ 452 $ 442
Depreciation expense for the fiscal years ended March 31, 2010, 2009 and 2008 was approximately $105 million,
$96 million and $91 million, respectively.
Capitalized development costs: Software development costs of approximately $188 million, $129 million and $112 million
were capitalized during fiscal years 2010, 2009 and 2008, respectively. The Company recorded amortization of approximately
$85 million, $68 million and $57 million for the fiscal years ended March 31, 2010, 2009 and 2008, respectively, which was
included in the “Amortization of capitalized software costs” line item in the Consolidated Statements of Operations.
Other intangible assets: During fiscal years 2010 and 2009, the Company did not record impairment charges relating to
certain identifiable intangible assets that were acquired in conjunction with prior year acquisitions and not subject to
amortization. During fiscal year 2008, the Company recorded impairment charges of less than $1 million relating to certain
identifiable intangible assets that were acquired in conjunction with prior year acquisitions and not subject to amortization.
These impairment charges were reported in the “Restructuring and other” line item in the Consolidated Statements of
Operations.
The Company recorded amortization of other identified intangible assets of approximately $56 million, $53 million and
$66 million in fiscal years 2010, 2009 and 2008, respectively. The net carrying value of other identified intangible assets as
of March 31, 2010 and 2009 was approximately $247 million and $237 million, respectively.
The gross carrying amounts and accumulated amortization for identified intangible assets at March 31, 2010 was
approximately $7,033 million and $5,883 million, respectively. These amounts include fully amortized intangible assets of
approximately $5,146 million, which is composed of purchased software of approximately $4,603 million, internally
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