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Trade Accounts Receivable
9 Months Ended
Dec. 31, 2015
Receivables [Abstract]  
TRADE ACCOUNTS RECEIVABLE
NOTE E – TRADE ACCOUNTS RECEIVABLE
Trade accounts receivable, net represents amounts due from the Company’s customers and is presented net of allowances. These balances include revenue recognized in advance of customer billings but do not include unbilled contractual commitments executed under license agreements. The components of “Trade accounts receivable, net” were as follows:
 
December 31,
2015
 
March 31,
2015
 
(in millions)
Accounts receivable – billed
$
562

 
$
591

Accounts receivable – unbilled
55

 
63

Other receivables
13

 
15

Less: Allowances
(12
)
 
(17
)
Trade accounts receivable, net
$
618

 
$
652