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Income from Continuing Operations Per Common Share (Tables)
12 Months Ended
Mar. 31, 2018
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 2018, 2017 and 2016, respectively:
 
Year Ended March 31,
(in millions, except per share amounts)
2018
 
2017
 
2016
Basic income from continuing operations per common share:
 
 
 
 
 
Income from continuing operations
$
476

 
$
775

 
$
769

Less: Income from continuing operations allocable to participating securities
(6
)
 
(9
)
 
(8
)
Income from continuing operations allocable to common shares
$
470

 
$
766

 
$
761

Weighted average common shares outstanding
414

 
414

 
426

Basic income from continuing operations per common share
$
1.14

 
$
1.85

 
$
1.79

Diluted income from continuing operations per common share:
 
 
 
 
 
Income from continuing operations
$
476

 
$
775

 
$
769

Less: Income from continuing operations allocable to participating securities
(6
)
 
(9
)
 
(8
)
Income from continuing operations allocable to common shares
$
470

 
$
766

 
$
761

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

 
414

 
426

Weighted average effect of share-based payment awards
1

 
1

 
1

Denominator in calculation of diluted income per share
415

 
415

 
427

Diluted income from continuing operations per common share
$
1.13

 
$
1.85

 
$
1.78