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Income From Continuing Operations Per Common Share (Tables)
6 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted income from continuing operations per common share
The following table presents basic and diluted income from continuing operations per common share information for the three and six months ended September 30, 2014 and 2013:
 
Three Months Ended
September 30,
 
Six Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
 
(in millions, except per share amounts)
Basic income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
235

 
$
231

 
$
447

 
$
561

Less: Income from continuing operations allocable to participating securities
(2
)
 
(2
)
 
(4
)
 
(6
)
Income from continuing operations allocable to common shares
$
233

 
$
229

 
$
443

 
$
555

Weighted average common shares outstanding
440

 
448

 
440

 
449

Basic income from continuing operations per common share
$
0.53

 
$
0.51

 
$
1.01

 
$
1.24

 
 
 
 
 
 
 
 
Diluted income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
235

 
$
231

 
$
447

 
$
561

Less: Income from continuing operations allocable to participating securities
(2
)
 
(2
)
 
(4
)
 
(6
)
Income from continuing operations allocable to common shares
$
233

 
$
229

 
$
443

 
$
555

Weighted average shares outstanding and common share equivalents:
 
 
 
 
 
 
 
Weighted average common shares outstanding
440

 
448

 
440

 
449

Weighted average effect of share-based payment awards
1

 
2

 
1

 
1

Denominator in calculation of diluted income per share
441

 
450

 
441

 
450

Diluted income from continuing operations per common share
$
0.53

 
$
0.51

 
$
1.00

 
$
1.23