Income Taxes	3 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company is subject to the tax laws of many jurisdictions. Changes in tax laws or the interpretation of tax laws can affect the Company’s earnings, as can the resolution of pending and contested tax issues. The Company's consolidated effective income tax rate is affected by a number of factors, including the mix of domestic and foreign earnings, the effect of exchange rate changes on deferred taxes, and the Company’s ability to utilize foreign tax credits. The consolidated effective income tax rate on pretax earnings was approximately 36% for the quarter ended June 30, 2015, which was higher than the 35% U.S. federal statutory rate primarily due to the effect of changes in exchange rates on deferred income tax assets and liabilities of foreign subsidiaries and the effect of U.S. state income taxes. Income taxes for the quarter ended June 30, 2014 included a consolidated income tax benefit of $8 million, arising from the ability of a subsidiary to pay a significant portion of a fine and related interest charges that were settled during that quarter following the unsuccessful appeal of a case involving anti-competitive activities in the Italian tobacco market. Although the portion of the fine paid by the subsidiary was not deductible for income tax purposes in its local tax jurisdiction, it reduced the subsidiary’s cumulative undistributed earnings and the associated consolidated tax liability, resulting in the $8 million benefit in the Company’s consolidated income tax provision. Excluding this discrete item, the consolidated effective income tax rate for the quarter ended June 30, 2014 was 35%.

Income Taxes

3 Months Ended

Jun. 30, 2015

INCOME TAXES

The Company is subject to the tax laws of many jurisdictions. Changes in tax laws or the interpretation of tax laws can affect the Company’s earnings, as can the resolution of pending and contested tax issues. The Company's consolidated effective income tax rate is affected by a number of factors, including the mix of domestic and foreign earnings, the effect of exchange rate changes on deferred taxes, and the Company’s ability to utilize foreign tax credits.

The consolidated effective income tax rate on pretax earnings was approximately 36% for the quarter ended June 30, 2015, which was higher than the 35% U.S. federal statutory rate primarily due to the effect of changes in exchange rates on deferred income tax assets and liabilities of foreign subsidiaries and the effect of U.S. state income taxes.

Income taxes for the quarter ended June 30, 2014 included a consolidated income tax benefit of $8 million, arising from the ability of a subsidiary to pay a significant portion of a fine and related interest charges that were settled during that quarter following the unsuccessful appeal of a case involving anti-competitive activities in the Italian tobacco market. Although the portion of the fine paid by the subsidiary was not deductible for income tax purposes in its local tax jurisdiction, it reduced the subsidiary’s cumulative undistributed earnings and the associated consolidated tax liability, resulting in the $8 million benefit in the Company’s consolidated income tax provision. Excluding this discrete item, the consolidated effective income tax rate for the quarter ended June 30, 2014 was 35%.