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Income from Continuing Operations Per Common Share (Tables)
12 Months Ended
Mar. 31, 2017
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 2017, 2016 and 2015, respectively:
 
Year Ended March 31,
(in millions, except per share amounts)
2017
 
2016
 
2015
Basic income from continuing operations per common share:
 
 
 
 
 
Income from continuing operations
$
775

 
$
769

 
$
810

Less: Income from continuing operations allocable to participating securities
(9
)
 
(8
)
 
(8
)
Income from continuing operations allocable to common shares
$
766

 
$
761

 
$
802

Weighted average common shares outstanding
414

 
426

 
439

Basic income from continuing operations per common share
$
1.85

 
$
1.79

 
$
1.83

Diluted income from continuing operations per common share:
 
 
 
 
 
Income from continuing operations
$
775

 
$
769

 
$
810

Less: Income from continuing operations allocable to participating securities
(9
)
 
(8
)
 
(8
)
Income from continuing operations allocable to common shares
$
766

 
$
761

 
$
802

Weighted average shares outstanding and common share equivalents:
 
 
 
 
 
Weighted average common shares outstanding
414

 
426

 
439

Weighted average effect of share-based payment awards
1

 
1

 
2

Denominator in calculation of diluted income per share
415

 
427

 
441

Diluted income from continuing operations per common share
$
1.85

 
$
1.78

 
$
1.82