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Income From Continuing Operations Per Common Share (Tables)
 9 Months Ended
Dec. 31, 2015
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 nine months ended December 31, 2015 and 2014:
 
Three Months Ended
December 31,
 
Nine Months Ended
December 31,
 
2015
 
2014
 
2015
 
2014
 
(in millions, except per share amounts)
Basic income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
219

 
$
218

 
$
598

 
$
665

Less: Income from continuing operations allocable to participating securities
(2
)
 
(2
)
 
(6
)
 
(7
)
Income from continuing operations allocable to common shares
$
217

 
$
216

 
$
592

 
$
658

Weighted average common shares outstanding
420

 
440

 
431

 
440

Basic income from continuing operations per common share
$
0.52

 
$
0.49

 
$
1.37

 
$
1.50

 
 
 
 
 
 
 
 
Diluted income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
219

 
$
218

 
$
598

 
$
665

Less: Income from continuing operations allocable to participating securities
(2
)
 
(2
)
 
(6
)
 
(7
)
Income from continuing operations allocable to common shares
$
217

 
$
216

 
$
592

 
$
658

Weighted average shares outstanding and common share equivalents:
 
 
 
 
 
 
 
Weighted average common shares outstanding
420

 
440

 
431

 
440

Weighted average effect of share-based payment awards
1

 
1

 
1

 
1

Denominator in calculation of diluted income per share
421

 
441

 
432

 
441

Diluted income from continuing operations per common share
$
0.52

 
$
0.49

 
$
1.37

 
$
1.49