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Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2017
Financial Instruments [Abstract]  
Fair Value Of Short-Term Investments
Short-term investments consisted of the following as of March 31, 2017 and 2016 (in millions):
 
As of March 31, 2017
 
As of March 31, 2016
 
Cost or
Amortized
Cost
 
Gross Unrealized
 
Fair
Value
 
Cost or
Amortized
Cost
 
Gross Unrealized
 
Fair
Value
 
Gains
 
Losses
 
Gains
 
Losses
 
Corporate bonds
$
944

 
$

 
$
(1
)
 
$
943

 
$
620

 
$
1

 
$

 
$
621

U.S. Treasury securities
414

 

 
(1
)
 
413

 
389

 
1

 

 
390

U.S. agency securities
152

 

 
(1
)
 
151

 
167

 

 

 
167

Commercial paper
212

 

 

 
212

 
50

 

 

 
50

Foreign government securities
113

 

 

 
113

 
113

 

 

 
113

Asset-backed securities
135

 

 

 
135

 

 

 

 

Short-term investments
$
1,970

 
$

 
$
(3
)
 
$
1,967

 
$
1,339

 
$
2

 
$

 
$
1,341

Fair Value Of Short-Term Investments By Stated Maturity Date Schedule
The following table summarizes the amortized cost and fair value of our short-term investments, classified by stated maturity as of March 31, 2017 and 2016 (in millions):
 
As of March 31, 2017
 
As of March 31, 2016
 
Amortized
Cost
 
Fair
Value
 
Amortized
Cost
 
Fair
Value
Short-term investments
 
 
 
 
 
 
 
Due within 1 year
$
1,237

 
$
1,236

 
$
571

 
$
571

Due 1 year through 5 years
721

 
719

 
768

 
770

Due after 5 years
12

 
12

 

 

Short-term investments
$
1,970

 
$
1,967

 
$
1,339

 
$
1,341