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Income From Continuing Operations Per Common Share (Tables)
 9 Months Ended
Dec. 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 the three and nine months ended December 31, 2016 and 2015:
 
Three Months Ended
December 31,
 
Nine Months Ended
December 31,
 
2016
 
2015
 
2016
 
2015
 
(in millions, except per share amounts)
Basic income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
208

 
$
219

 
$
618

 
$
598

Less: Income from continuing operations allocable to participating securities
(2
)
 
(2
)
 
(7
)
 
(6
)
Income from continuing operations allocable to common shares
$
206

 
$
217

 
$
611

 
$
592

Weighted average common shares outstanding
413

 
420

 
414

 
431

Basic income from continuing operations per common share
$
0.50

 
$
0.52

 
$
1.48

 
$
1.37

 
 
 
 
 
 
 
 
Diluted income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
208

 
$
219

 
$
618

 
$
598

Less: Income from continuing operations allocable to participating securities
(2
)
 
(2
)
 
(7
)
 
(6
)
Income from continuing operations allocable to common shares
$
206

 
$
217

 
$
611

 
$
592

Weighted average shares outstanding and common share equivalents:
 
 
 
 
 
 
 
Weighted average common shares outstanding
413

 
420

 
414

 
431

Weighted average effect of share-based payment awards
1

 
1

 
1

 
1

Denominator in calculation of diluted income per share
414

 
421

 
415

 
432

Diluted income from continuing operations per common share
$
0.50

 
$
0.52

 
$
1.47

 
$
1.37