Income from Continuing Operations Per Common Share (Tables)

12 Months Ended

Mar. 31, 2016

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 fiscal years 2016, 2015 and 2014, respectively:

	Year Ended March 31,
(in millions, except per share amounts)	2016			2015			2014
Basic income from continuing operations per common share:
Income from continuing operations	$	769		$	810		$	887
Less: Income from continuing operations allocable to participating securities	(8		)	(8		)	(9		)
Income from continuing operations allocable to common shares	$	761		$	802		$	878
Weighted average common shares outstanding	426			439			446
Basic income from continuing operations per common share	$	1.79		$	1.83		$	1.97
Diluted income from continuing operations per common share:
Income from continuing operations	$	769		$	810		$	887
Less: Income from continuing operations allocable to participating securities	(8		)	(8		)	(9		)
Income from continuing operations allocable to common shares	$	761		$	802		$	878
Weighted average shares outstanding and common share equivalents:
Weighted average common shares outstanding	426			439			446
Weighted average effect of share-based payment awards	1			2			2
Denominator in calculation of diluted income per share	427			441			448
Diluted income from continuing operations per common share	$	1.78		$	1.82		$	1.96