Earnings Per Share (Tables)

6 Months Ended

Sep. 30, 2023

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 units, market-based restricted stock units, performance-based restricted stock units, and ESPP purchase rights using the treasury stock method.

	Three Months Ended September 30,				Six Months Ended September 30,
(In millions, except per share amounts)	2023		2022		2023		2022
Net income	$	399	$	299	$	801	$	610
Shares used to compute earnings per share:
Weighted-average common stock outstanding — basic	271		278		272		279
Dilutive potential common shares related to stock award plans	1		1		1		1
Weighted-average common stock outstanding — diluted	272		279		273		280
Earnings per share:
Basic	$	1.47	$	1.08	$	2.94	$	2.19
Diluted	$	1.47	$	1.07	$	2.93	$	2.18