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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2019
Earnings Per Share Reconciliation [Abstract]  
Computation Of Basic Earnings (Loss) And Diluted Earnings (Loss) Per Share
The following table summarizes the computations of basic earnings per share (“Basic EPS”) and diluted earnings per share (“Diluted EPS”). Basic EPS is computed as net income divided by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock-based compensation plans including stock options, restricted stock, restricted stock units, ESPP purchase rights, warrants, and other convertible securities using the treasury stock method.
 
Three Months Ended
June 30,
(In millions, except per share amounts)
2019
 
2018
Net income
$
1,421

 
$
293

Shares used to compute earnings per share:
 
 
 
Weighted-average common stock outstanding — basic
297

 
306

Dilutive potential common shares related to stock award plans and from assumed exercise of stock options
2

 
4

Weighted-average common stock outstanding — diluted
299

 
310

Earnings per share:
 
 
 
Basic
$
4.78

 
$
0.96

Diluted
$
4.75

 
$
0.95