Stockholders' Equity

3 Months Ended

Jun. 30, 2015

Equity [Abstract]

STOCKHOLDERS' EQUITY

NOTE J – STOCKHOLDERS’ EQUITY

Stock Repurchases: On May 14, 2014, the Company’s Board of Directors approved a stock repurchase program that authorizes the Company to acquire up to $1 billion of its common stock. During the three months ended June 30, 2015, the Company repurchased approximately 1.7 million shares of its common stock for approximately $50 million. At June 30, 2015, the Company remained authorized to purchase approximately $735 million of its common stock under its current stock repurchase program. The Company entered into an agreement effective July 1, 2015 to repurchase $50 million of its common stock to be delivered in September 2015.

Accumulated Other Comprehensive Loss: Foreign currency translation losses included in “Accumulated other comprehensive loss” in the Company’s Condensed Consolidated Balance Sheets at June 30, 2015 and March 31, 2015 were approximately $386 million and $418 million, respectively.

Cash Dividends: The Company’s Board of Directors declared the following dividends during the three months ended June 30, 2015 and 2014:

Three Months EndedJune 30, 2015:

(in millions, except per share amounts)

Declaration Date	Dividend Per Share	Record Date	Total Amount	Payment Date
May 5, 2015	$0.25	May 28, 2015	$110	June 16, 2015

Three Months EndedJune 30, 2014:

(in millions, except per share amounts)

Declaration Date	Dividend Per Share	Record Date	Total Amount	Payment Date
May 15, 2014	$0.25	May 29, 2014	$111	June 17, 2014