XML 23 R7.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
OPERATING ACTIVITIES      
Net income $ 1,156 $ 875 $ 8
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 197 220 227
Loss on Conversion of Convertible Notes 10 0 0
Stock-based compensation 178 144 150
Acquisition-related contingent consideration 0 (3) (35)
Net losses (gains) on investments 0 0 (2)
Change in assets and liabilities:      
Receivables, net 127 (54) (12)
Inventories 3 19 (13)
Other assets 19 87 (56)
Accounts payable 13 (46) (18)
Accrued and other liabilities (252) 31 (3)
Deferred income taxes, net (403) 1 16
Deferred net revenue (online-enabled games) 175 (207) 446
Net cash provided by operating activities 1,223 1,067 712
INVESTING ACTIVITIES      
Capital expenditures (93) (95) (97)
Proceeds from maturities and sales of short-term investments 941 727 401
Purchase of short-term investments (1,332) (1,102) (600)
Acquisition of subsidiaries, net of cash acquired 0 0 (5)
Net cash used in investing activities (484) (470) (301)
FINANCING ACTIVITIES      
Proceeds from issuance of senior notes, net of issuance costs 989 0 0
Payment of 0.75% Convertible Senior Notes due 2016 (470) 0 0
Proceeds from issuance of common stock 107 60 77
Excess tax benefit from stock-based compensation 86 22 13
Repurchase and retirement of common stock (1,018) (337) 0
Acquisition-related contingent consideration payment 0 0 (1)
Net cash provided by (used in) financing activities (306) (255) 89
Effect of foreign exchange on cash and cash equivalents (8) (56) (10)
Increase (decrease) in cash and cash equivalents 425 286 490
Beginning cash and cash equivalents 2,068 1,782 1,292
Ending cash and cash equivalents 2,493 2,068 1,782
Supplemental cash flow information:      
Cash paid during the year for income taxes, net 35 2 29
Cash paid during the year for interest $ 4 $ 6 $ 6