Fair Value (Tables)

3 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s assets and liabilities, excluding pension assets, see Note 12 - "Pension and Other Benefit Plans" and derivative assets and liabilities, see Note 7 - "Derivative Instruments", that are measured at fair value on a recurring basis. There were no transfers between any of the levels during the periods presented.

			Fair Value Hierarchy
(in millions)	Fair Value		Level 1		Level 2		Level 3
Assets:	June 30, 2017
Money market funds and money market deposit accounts(1)	$	545	$	545	$	—	$	—
Time deposits(1)	214		214		—		—
Foreign bonds(2)	49		—		49		—
Other debt securities	7		—		—		7
Deferred purchase price receivable	242		—		—		242
Total assets	$	1,057	$	759	$	49	$	249
Liabilities:
Contingent consideration	$	7	$	—	$	—	$	7
Total liabilities	$	7	$	—	$	—	$	7

⁽¹⁾ Cost basis approximated fair value due to the short period of time to maturity.

⁽²⁾ The contractual maturities of investments in available-for-sale debt securities is due in more than five years.

	March 31, 2017
Assets:	Fair Value		Level 1		Level 2		Level 3
Money market funds and money market deposit accounts	$	406	$	406	$	—	$	—
Deferred purchase price receivable	252		—		—		252
Total assets	$	658	$	406	$	—	$	252
Liabilities:
Contingent consideration	$	7	$	—	$	—	$	7
Total liabilities	$	7	$	—	$	—	$	7