Computer Associates 2012 Annual Report Download - page 83

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Depreciation and Amortization Expense: A summary of depreciation and amortization expense is as follows:
YEAR ENDED MARCH 31,
(in millions) 2012 2011 2010
Depreciation $ 111 $ 114 $ 105
Amortization of purchased software 103 88 49
Amortization of internally developed software products 122 104 84
Amortization of other intangible assets 65 73 54
Total $ 401 $ 379 $ 292
Based on the intangible assets recognized at March 31, 2012, the annual amortization expense over the next five fiscal years is
expected to be as follows:
YEAR ENDED MARCH 31,
(in millions) 2013 2014 2015 2016 2017
Capitalized software:
Purchased $ 106 $ 98 $ 87 $ 86 $ 84
Internally developed 153 138 112 81 47
Other intangible assets subject to amortization 54 48 40 26 9
Total $ 313 $ 284 $ 239 $ 193 $ 140
Goodwill: The accumulated goodwill impairment losses previously recognized by the Company totaled approximately $111 million
at March 31, 2012 and 2011. These losses were recognized in fiscal years 2003 and 2002. There were no impairments recognized for
fiscal years 2012, 2011 and 2010.
Goodwill activity for fiscal years 2012 and 2011 was as follows:
(in millions)
Balance at March 31, 2010 $ 5,605
Amounts allocated to loss on discontinued operations (11)
Acquisitions 82
Foreign currency translation adjustment 10
Balance at March 31, 2011 $ 5,686
Amounts allocated to loss on discontinued operations (7)
Acquisitions 179
Foreign currency translation adjustment (2)
Balance at March 31, 2012 $ 5,856
Note 8 — Deferred Revenue
The current and noncurrent components of “Deferred revenue (billed or collected)” at March 31, 2012 and March 31, 2011 were as
follows:
AT MARCH 31,
(in millions) 2012 2011
Current:
Subscription and maintenance $ 2,479 $ 2,444
Professional services 162 142
Financing obligations and other 17 11
Total deferred revenue (billed or collected) — current $ 2,658 $ 2,597
Noncurrent:
Subscription and maintenance $ 935 $ 940
Professional services 35 27
Financing obligations and other 22
Total deferred revenue (billed or collected) — noncurrent $ 972 $ 969
Total deferred revenue (billed or collected) $ 3,630 $ 3,566
71