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Income from Continuing Operations Per Common Share
 12 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Income from Continuing Operations Per Common Share
Note 13 — Income from Continuing Operations Per Common Share
The following table presents basic and diluted income from continuing operations per common share information for fiscal years 2013, 2012 and 2011, respectively.
 
Year Ended March 31,
(in millions, except per share amounts)
2013

 
2012

 
2011

Basic income from continuing operations per common share:
 
 
 
 
 
Income from continuing operations
$
955

 
$
938

 
$
823

Less: Income from continuing operations allocable to participating securities
(11
)
 
(11
)
 
(11
)
Income from continuing operations allocable to common shares
$
944

 
$
927

 
$
812

Weighted average common shares outstanding
456

 
486

 
506

Basic income from continuing operations per common share
$
2.07

 
$
1.91

 
$
1.60

Diluted income from continuing operations per common share:
 
 
 
 
 
Income from continuing operations
$
955

 
$
938

 
$
823

Less: Income from continuing operations allocable to participating securities
(11
)
 
(11
)
 
(11
)
Income from continuing operations allocable to common shares
$
944

 
$
927

 
$
812

Weighted average shares outstanding and common share equivalents:
 
 
 
 
 
Weighted average common shares outstanding
456

 
486

 
506

Weighted average effect of share-based payment awards
1

 
1

 
1

Denominator in calculation of diluted income per share
457

 
487

 
507

Diluted income from continuing operations per common share
$
2.07

 
$
1.90

 
$
1.60


For fiscal years 2013, 2012 and 2011, respectively, approximately 4 million, 4 million and 6 million shares of Company common stock underlying restricted stock awards and options to purchase common stock were excluded from the calculation because their effect on income per share was anti-dilutive during the respective periods. Weighted average restricted stock awards of approximately 5 million, 6 million and 6 million for fiscal years 2013, 2012 and 2011, respectively, were considered participating securities in the calculation of net income allocable to common stockholders.