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Quarterly Financial And Market Information (Tables)
12 Months Ended
Mar. 31, 2017
Quarterly Financial Data [Abstract]  
Summary Of Quarterly Financial And Market Information
 
Quarter Ended
 
Year
Ended
(In millions, except per share data)
June 30
 
September 30
 
December 31
 
March 31
 
Fiscal 2017 Consolidated
 
 
 
 
 
 
 
 
 
Net revenue
$
1,271

 
$
898

 
$
1,149

 
$
1,527

 
$
4,845

Gross profit
1,092

 
497

 
633

 
1,325

 
3,547

Operating income (loss)
560

 
(49
)
 
(4
)
 
717

 
1,224

Net income (loss)
440


(38
)

(1
)

566


967

Common Stock
 
 
 
 
 
 
 
 
 
Earnings (loss) per share — Basic
$
1.46

 
$
(0.13
)
 
$ (
0.00)

 
$
1.84

 
$
3.19

Earnings (loss) per share — Diluted
$
1.40

 
$
(0.13
)
 
$ (
0.00)

 
$
1.81

 
$
3.08

Common stock price per share
 
 
 
 
 
 
 
 
 
High
$
77.25

 
$
85.40

 
$
85.56

 
$
91.51

 
$
91.51

Low
$
61.85

 
$
75.38

 
$
75.58

 
$
78.64

 
$
61.85

Fiscal 2016 Consolidated
 
 
 
 
 
 
 
 
 
Net revenue
$
1,203

 
$
815

 
$
1,070

 
$
1,308

 
$
4,396

Gross profit
1,030

 
406

 
524

 
1,082

 
3,042

Operating income (loss)
512

 
(119
)
 
(31
)
 
536

 
898

Net income (loss)
442


(140
)

(45
)

899

(a)
1,156

Common Stock
 
 
 
 
 
 
 
 
 
Earnings (loss) per share — Basic
$
1.42

 
$
(0.45
)
 
$
(0.14
)
 
$
2.93

 
$
3.73

Earnings (loss) per share — Diluted
$
1.32

 
$
(0.45
)
 
$
(0.14
)
 
$
2.79

 
$
3.50

Common stock price per share
 
 
 
 
 
 
 
 
 
High
$
68.00

 
$
75.16

 
$
76.77

 
$
70.83

 
$
76.77

Low
$
56.03

 
$
63.43

 
$
65.04

 
$
55.50

 
$
55.50


(a)
Net income includes an income tax benefit recorded in the fourth quarter of fiscal year 2016 for the reversal of a significant portion of our deferred tax valuation allowance.