LEASES (Tables)

12 Months Ended

Mar. 31, 2022

Leases [Abstract]

Components of lease cost

The components of lease cost recognized under ASC 842 were as follow (in millions): 

Lease cost	Fiscal Year Ended
	March 31, 2022		March 31, 2021
Operating lease cost	$	156	$	152

Other information related to leases was as follow (in millions):

	Fiscal Year Ended
	March 31, 2022		March 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	158	$	152
Right‑of‑use assets obtained in exchange for lease liabilities
Operating Lease	$	78	$	159

Balance sheet amounts

Amounts reported in the consolidated balance sheet as of the periods ended March 31, 2022 and 2021 were (in millions, except weighted average lease term and discount rate):

	As of March 31, 2022			As of March 31, 2021
Operating Leases:
Operating lease right of use assets	$	637		$	642
Operating lease liabilities	683			690
Weighted-average remaining lease term (In years)
Operating leases	7.1			7.5
Weighted-average discount rate
Operating leases	3.6		%	3.9		%

Future minimum lease payments

Future lease payments under non-cancellable leases as of March 31, 2022 are as follows (in millions):

Fiscal Year Ended March 31,	Operating Leases
2023	$	151
2024	128
2025	107
2026	84
2027	72
Thereafter	229
Total undiscounted lease payments	771
Less: imputed interest	88
Total lease liabilities	$	683