Debt (Tables)

12 Months Ended

Mar. 31, 2012

Debt [Abstract]

Company's debt obligations

	AT MARCH 31,
(in millions)	2012			2011
Revolving credit facility due August 2012	$	—		$	$250
Revolving credit facility due August 2016		—			—
5.375% Notes due November 2019		750			750
6.125% Notes due December 2014, net of unamortized premium from fair value hedge of $27 and $15		527			515
Other indebtedness, primarily capital leases		29			42
Unamortized discount for Notes		(5	)		(6	)
Total debt outstanding	$	1,301		$	1,551
Less the current portion		(14	)		(269	)
Total long-term debt portion	$	1,287		$	1,282

Maturities of outstanding debt

	YEAR ENDED MARCH 31,
(in millions)	2013		2014		2015		2016		2017		THEREAFTER
Amount due	$	14	$	12	$	529	$	1	$	0	$	745

Interest rates applicable to revolving credit facility

	AT MARCH 31,
	2012			2011
Applicable margin on Base Rate borrowing		0.25	%		—	%
Weighted average interest rate on outstanding borrowings		—	%		0.65	%
Applicable margin on Eurocurrency Rate borrowing		1.10	%		0.35	%
Utilization fee		0	%		0.10	%
Facility commitment fee		0.15	%		0.10	%

Other indebtedness cash pooling arrangement

	AT MARCH 31,
(in millions)	2012			2011
Borrowings	$	476		$	260
Repayments		(331	)		(260	)
Foreign currency exchange effect		(6	)		—
Total borrowing positions outstanding (1)	$	139		$	—

(1) Included in “Accrued expenses and other current liabilities” in the Company’s Consolidated Balance Sheet.