Computer Associates 2015 Annual Report Download - page 81

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Based on the capitalized software and other intangible assets recognized at March 31, 2015, the annual amortization
expense over the next five fiscal years is expected to be as follows:
YEAR ENDED MARCH 31,
(in millions) 2016 2017 2018 2019 2020
Purchased software products $ 110 $ 109 $ 106 $ 65 $ 46
Internally developed software products 109 79 37 10 1
Other intangible assets 37 9 2 1 —
Total $ 256 $ 197 $ 145 $ 76 $ 47
Goodwill: The accumulated goodwill impairment losses previously recognized by the Company totaled approximately
$111 million at March 31, 2015 and 2014. These losses were recognized in fiscal years 2003 and 2002. There were no
impairments recognized in fiscal years 2015, 2014 and 2013.
Goodwill activity by segment for fiscal years 2015 and 2014 was as follows:
MAINFRAME ENTERPRISE
(in millions) SOLUTIONS SOLUTIONS SERVICES TOTAL
Balance at March 31, 2013 $ 4,178 $ 1,605 $ 81 $ 5,864
Acquisitions —55—55
Foreign currency translation adjustment — 3 — 3
Balance at March 31, 2014 $ 4,178 $ 1,663 $ 81 $ 5,922
Divestitures $ — $ (109) $ — $ (109)
Foreign currency translation adjustment — (7) — (7)
Balance at March 31, 2015 4,178 1,547 81 5,806
Note 7 — Deferred Revenue
The current and noncurrent components of ‘‘Deferred revenue (billed or collected)’’ at March 31, 2015 and March 31, 2014
were as follows:
AT MARCH 31,
(in millions) 2015 2014
Current:
Subscription and maintenance $ 1,966 $ 2,237
Professional services 115 149
Software fees and other 33 33
Total deferred revenue (billed or collected) — current $ 2,114 $ 2,419
Noncurrent:
Subscription and maintenance $ 832 $ 845
Professional services 28 26
Software fees and other 31
Total deferred revenue (billed or collected) — noncurrent $ 863 $ 872
Total deferred revenue (billed or collected) $ 2,977 $ 3,291
78