Stock Plans (Tables)

12 Months Ended

Mar. 31, 2013

Share-based Compensation [Abstract]

Recognized share-based compensation

The Company recognized share-based compensation in the following line items in the Consolidated Statements of Operations for the periods indicated:

	Year Ended March 31,
(in millions)	2013			2012			2011
Costs of licensing and maintenance	$	3		$	3		$	3
Cost of professional services	4			4			3
Selling and marketing	31			36			30
General and administrative	23			27			24
Product development and enhancements	17			19			20
Share-based compensation expense before tax	$	78		$	89		$	80
Income tax benefit	(25		)	(29		)	(26		)
Net share-based compensation expense	$	53		$	60		$	54

Unrecognized share-based compensation costs

The following table summarizes information about unrecognized share-based compensation costs at March 31, 2013:

	Unrecognized Share-Based Compensation Costs		Weighted Average Period Expected to be Recognized
	(in millions)		(in years)
Stock option awards	$	6	2.3
Restricted stock units	15		1.9
Restricted stock awards	54		1.7
Performance share units	11		2.7
Total unrecognized share-based compensation costs	$	86	1.9

Stock option awards outstanding

At March 31, 2013, options outstanding that have vested and are expected to vest are as follows:

	Number of Shares (in millions)	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)	Aggregate Intrinsic Value(1) (in millions)
Vested	3.7	$	26.18	1.8	$	4.0
Expected to vest(2)	2.2	23.59		6.8	3.5
Total	5.9	$	25.21	3.7	$	7.5

(1) These amounts represent the difference between the exercise price and $25.18, the closing price of the Company’s common stock on March 28, 2013, the last trading day of the Company’s fiscal year as reported on the NASDAQ Stock Market for all in-the-money options.

(2) Outstanding options expected to vest are net of estimated future forfeitures.

Stock option awards activity roll-forward

	Number of Shares		Weighted Average Exercise Price
	(in millions)
Outstanding at March 31, 2010	11.3		$	24.65
Granted	1.2		19.34
Exercised	(0.5	)	18.81
Expired or terminated	(4.0	)	27.05
Outstanding at March 31, 2011	8.0		$	23.03
Granted	0.6		21.89
Exercised	(1.8	)	20.79
Expired or terminated	(1.0	)	23.46
Outstanding at March 31, 2012	5.8		$	23.52
Granted	1.8		24.39
Exercised	(1.2	)	17.17
Expired or terminated	(0.4	)	22.09
Outstanding at March 31, 2013	6.0		$	25.17

Stock option awards exercisable

	Number of Shares	Weighted Average Exercise Price
	(in millions)
Options exercisable at:
March 31, 2011	6.8	$	23.66
March 31, 2012	4.7	$	24.24
March 31, 2013	3.7	$	26.18

Summary of stock option awards information

The following table summarizes stock option information at March 31, 2013:

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Shares	Aggregate Intrinsic Value		Weighted Average Remaining Contractual Life	Weighted Average Exercise Price		Shares	Aggregate Intrinsic Value		Weighted Average Remaining Contractual Life	Weighted Average Exercise Price
	(in millions)	(in millions)		(in years)			(in millions)	(in millions)		(in years)
$  7.07 — $20.00	0.5	$	3.2	3.9	$	18.92	0.3	$	2.1	3.8	$	18.60
$20.01 — $25.00	2.1	4.5		6.5	22.98		0.6	1.9		3.8	22.00
$25.01 — $30.00	3.1	—		2.3	26.95		2.5	—		1.2	27.44
$30.01 — over	0.3	—		1.3	31.73		0.3	—		1.3	31.73
	6.0	$	7.7	3.8	$	25.17	3.7	$	4.0	1.8	$	26.18

Weighted average estimated values and assumptions for employee stock option grants

The weighted average estimated values of employee stock option grants, as well as the weighted average assumptions that were used in calculating such values during fiscal years 2013, 2012 and 2011 were based on estimates at the date of grant as follows:

	Year Ended March 31,
	2013		2012		2011
Weighted average fair value	4.26		5.99		5.55
Dividend yield	4.06	%	0.91	%	0.83	%
Expected volatility factor (1)	31	%	33	%	34	%
Risk-free interest rate (2)	1.0	%	1.7	%	1.8	%
Expected life (in years) (3)	4.9		4.5		4.5

(1) Expected volatility is measured using historical daily price changes of the Company’s stock over the respective expected term of the options and the implied volatility derived from the market prices of the Company’s traded options.

(2) The risk-free rate for periods within the contractual term of the stock options is based on the U.S. Treasury yield curve in effect at the time of grant.

(3) The expected life is the number of years the Company estimates that options will be outstanding prior to exercise. The Company’s computation of expected life was determined based on the simplified method (the average of the vesting period and option term).

Summary of information on options exercised

The following table summarizes information on options exercised for the periods indicated:

	Year Ended March 31,
(in millions)	2013		2012		2011
Cash received from options exercised	$	21	$	37	$	10
Intrinsic value of options exercised	10		9		2
Excess tax benefits from options exercised	6		3		—		(1)

(1) Less than $1 million.

Summary of RSA and RSU activity under the Plans

The following table summarizes the activity of RSAs under the Plans:

	Number of Shares		Weighted Average Grant Date Fair Value
	(in millions)
Outstanding at March 31, 2010	5.3		$	20.73
RSA granted	4.7		21.41
RSA released	(3.3	)	22.00
RSA forfeitures	(0.9	)	20.72
Outstanding at March 31, 2011	5.8		$	20.56
RSA granted	3.8		24.54
RSA released	(3.0	)	21.57
RSA forfeitures	(0.9	)	22.33
Outstanding at March 31, 2012	5.7		$	22.41
RSA granted	3.5		26.21
RSA released	(3.6	)	22.22
RSA forfeitures	(0.6	)	24.69
Outstanding at March 31, 2013	5.0		$	24.98

The following table summarizes the activity of RSUs under the Plans:

	Number of Shares		Weighted Average Grant Date Fair Value
	(in millions)
Outstanding at March 31, 2010	0.9		$	20.51
RSU granted	0.6		21.30
RSU released	(0.4	)	23.47
RSU forfeitures	(0.1	)	19.05
Outstanding at March 31, 2011	1.0		$	20.03
RSU granted	0.7		24.06
RSU released	(0.3	)	20.70
RSU forfeitures	(0.2	)	21.61
Outstanding at March 31, 2012	1.2		$	21.91
RSU granted	0.9		23.72
RSU released	(0.6	)	21.03
RSU forfeitures	(0.1	)	23.38
Outstanding at March 31, 2013	1.4		$	23.28

Summary of RSAs and RSUs granted under 1-year PSUs for fiscal year 2012, 2011 and 2010 Incentive Plans

The table below summarizes the RSAs and RSUs granted under these PSUs:

		RSAs			RSUs
Incentive Plans for Fiscal Years	Performance Period	Shares (in millions)	Weighted Average Grant Date Fair Value		Shares (in millions)		Weighted Average Grant Date Fair Value
2012	1 year	1.2	$	26.39	0.2		$	25.40
2011	1 year	1.1	$	24.68	0.1		$	24.48
2010	1 year	2.2	$	21.47	—	(1)	$	21.38

(1) Shares granted amounted to less than 0.1 million.

Summary of 3-year PSUs for fiscal year 2010, 2009 and 2008 Incentive Plans

The 3-year PSUs for the fiscal year 2010, 2009 and 2008 incentive plan years were granted in the first quarter of fiscal years 2013, 2012 and 2011, respectively. These awards vest immediately upon grant.

Incentive Plans for Fiscal Years	Performance Period	Unrestricted Shares (in millions)	Weighted Average Grant Date Fair Value
2010	3 years	0.2	$	26.39
2009	3 years	0.2	$	24.68
2008	3 years	0.3	$	21.47

Summary of RSAs and RSUs granted under 1-year PSUs for fiscal year 2012, 2011 and 2010 Sales Retention Equity Programs

The table below summarizes the RSAs and RSUs granted under this program:

		RSAs			RSUs
Incentive Plans for Fiscal Years	Performance Period	Shares (in millions)	Weighted Average Grant Date Fair Value		Shares (in millions)	Weighted Average Grant Date Fair Value
2012	1 year	0.2	$	26.39	0.1	$	23.41
2011	1 year	0.3	$	24.68	0.1	$	24.09
2010	1 year	0.4	$	21.47	0.1	$	21.36