XML 41 R25.htm IDEA: XBRL DOCUMENT v3.4.0.3
Profit Sharing Plan
12 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Profit Sharing Plan
Note 18 — Profit Sharing Plan
The Company maintains a defined contribution plan for the benefit of its U.S. employees. The plan is intended to be a tax qualified plan under Section 401(a) of the Internal Revenue Code, and contains a qualified cash or deferred arrangement as described under Section 401(k) of the Internal Revenue Code. Eligible participants may elect to contribute a percentage of their base compensation and the Company may make matching contributions.
The Company recognized costs associated with this plan of approximately $38 million, $38 million and $41 million for fiscal years 2016, 2015 and 2014, respectively. Included in these amounts were discretionary stock contributions of approximately $25 million, $24 million and $26 million for fiscal years 2016, 2015 and 2014, respectively.