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Accounting For Share-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2011
Accounting For Share-Based Compensation [Abstract]  
Recognized share-based compensation
                                 
    Three Months
Ended December  31,
    Nine Months
Ended December 31,
 
    2011     2010     2011     2010  
    (in millions)  

Costs of licensing and maintenance

  $ —       $ 1     $ 2     $ 3  

Cost of professional services

    1       1       3       3  

Selling and marketing

    9       8       25       23  

General and administrative

    5       7       17       17  

Product development and enhancements

    5       4       14       15  
   

 

 

   

 

 

   

 

 

   

 

 

 

Share-based compensation expense before tax

    20       21       61       61  

Income tax benefit

    (6     (7     (20     (20
   

 

 

   

 

 

   

 

 

   

 

 

 

Net share-based compensation expense

  $ 14     $ 14     $ 41     $ 41  
   

 

 

   

 

 

   

 

 

   

 

 

 
Unrecognized share based compensation cost
                 
    Unrecognized
Compensation
Costs
    Weighted
Average Period
Expected to be
Recognized
 
    (in millions)     (in years)  

Stock option awards

  $ 5       2.1  

Restricted stock units

    14       2.0  

Restricted stock awards

    64       1.9  

Performance share units

    28       2.6  
   

 

 

         

Total unrecognized share-based compensation costs

  $ 111       2.1  
   

 

 

         
Weighted average estimated values of employee stock option grants
                 
    Nine Months
Ended December 31,
 
    2011     2010  

Weighted average fair value

  $ 5.99     $ 5.55  

Dividend yield

    0.91     0.83

Expected volatility factor (1)

    33     34

Risk-free interest rate (2)

    1.7     1.8

Expected life (in years) (3)

    4.5       4.5  

 

(1)

Expected volatility is measured using historical daily price changes of the Company’s stock over the respective expected term of the options and the implied volatility derived from the market prices of the Company’s traded options.

(2)

The risk-free rate for periods within the contractual term of the stock options is based on the U.S. Treasury yield curve in effect at the time of grant.

(3)

The Company’s computation of expected life was determined based on the simplified method (the average of the vesting period and option term).

Summarizes the activity of RSAs and RSUs under the Plans
                                 
    Three Months
Ended December 31,
    Nine Months
Ended December 31,
 
    2011     2010     2011     2010  
    (shares in millions)  

RSUs

                               

Shares

    —   (1)       —   (1)       0.7       0.6  

Weighted Avg. Grant Date Fair Value (2)

  $ 20.19     $ 21.69     $ 24.04     $ 21.30  

RSAs

                               

Shares

    0.1        —   (1)       3.7       4.7  

Weighted Avg. Grant Date Fair Value ( 3 )

  $ 20.40     $ 22.19     $ 24.49     $ 21.39  

 

(1)

Less than 0.1 million.

(2)

The fair value is based on the quoted market value of the Company’s common stock on the grant date reduced by the present value of dividends expected to be paid on the Company’s common stock prior to vesting of the RSUs, which is calculated using a risk free interest rate.

(3)

The fair value is based on the quoted market value of the Company’s common stock on the grant date.