Accounting for Share-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2012

Accounting for Share-Based Compensation [Abstract]

Recognized share-based compensation

	Three Months Ended June 30,
	2012			2011
Costs of licensing and maintenance	$	—		$	1
Cost of professional services		1			1
Selling and marketing		10			10
General and administrative		8			8
Product development and enhancements		4			5
Share-based compensation expense before tax		23			25
Income tax benefit		(8	)		(8	)
Net share-based compensation expense	$	15		$	17

Unrecognized share based compensation cost

	Unrecognized Compensation Costs		Weighted Average Period Expected to be Recognized
	(in millions)		(in years)
Stock option awards	$	8		2.5
Restricted stock units		22		2.3
Restricted stock awards		94		2.3
Performance share units		42		3.0
Total unrecognized share-based compensation costs	$	166		2.5

Weighted average estimated values of employee stock option grants

	Three Months Ended June 30,
	2012			2011
Weighted average fair value	$	9.09		$	6.00
Dividend yield		3.96	%		0.91	%
Expected volatility factor (1)		59	%		33	%
Risk-free interest rate (2)		0.8	%		1.7	%
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 expected life is the number of years the Company estimates, based primarily on historical experience, that options will be outstanding prior to exercise. The Company’s computation of expected life was determined based on the simplified method (the average of the vesting period and option term).

Schedule of RSAs and RSUs granted under one year PSU awards

		RSAs		RSUs
Incentive Plans for Fiscal Years	Performance Period	Shares (in millions)	Weighted Average Grant Date Fair Value	Shares (in millions)	Weighted Average Grant Date Fair Value
2012	1-year	1.2	$ 26.39	0.2	$ 25.40
2011	1-year	1.1	$ 24.68	0.1	$ 24.48

Summary of 3-year PSUs under the fiscal year 2010 and 2009 grant in first quarter of fiscal years 2013 and 2012

Incentive Plans for Fiscal Years	Performance Period	Unrestricted Shares (in millions)	Weighted Average Grant Date Fair Value
2010	3-year	0.2	$ 26.39
2009	3-year	0.2	$ 24.68

Summarizes the RSAs and RSUs granted under Sales Retention Equity Programs

		RSAs		RSUs
Incentive Plans for Fiscal Years	Performance Period	Shares (in millions)	Weighted Average Grant Date Fair Value	Shares (in millions)	Weighted Average Grant Date Fair Value
2012	1-year	0.2	$ 26.39	0.1	$ 23.41
2011	1-year	0.3	$ 24.68	0.1	$ 24.09

Summarizes the activity of RSAs and RSUs under the Plans

	Three Months Ended June 30,
	2012		2011
	(shares in millions)
RSUs
Shares		0.7		0.6
Weighted Avg. Grant Date Fair Value ( 1 )	$	24.30	$	24.27
RSAs
Shares		3.5		3.5
Weighted Avg. Grant Date Fair Value ( 2 )	$	26.23	$	24.66

⁽¹⁾  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.

⁽²⁾  The fair value is based on the quoted market value of the Company’s common stock on the grant date.