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Postretirement Benefits (Tables)
12 Months Ended
Mar. 31, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of net periodic expense for postretirement welfare benefits
The net periodic expense for our pension plans is as follows:
 
U.S. Plans
 
Non-U.S. Plans
 
Years Ended March 31,
 
Years Ended March 31,
(In millions)
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Service cost - benefits earned during the year
$
5

 
$
4

 
$
1

 
$
15

 
$
20

 
$
16

Interest cost on projected benefit obligation
13

 
18

 
19

 
23

 
24

 
34

Expected return on assets
(15
)
 
(19
)
 
(21
)
 
(26
)
 
(30
)
 
(30
)
Amortization of unrecognized actuarial loss and prior service costs
11

 
42

 
19

 
4

 
3

 
3

Curtailment/settlement loss (gain)

 
2

 

 
(2
)
 

 
6

Net periodic pension expense
$
14

 
$
47

 
$
18

 
$
14

 
$
17

 
$
29

The net periodic expense for our postretirement welfare benefits is as follows:
 
Years Ended March 31,
(In millions)
2017
 
2016
 
2015
Service cost - benefits earned during the year
$
1

 
$
1

 
$
1

Interest cost on accumulated benefit obligation
2

 
4

 
5

Amortization of unrecognized actuarial gain and prior service credit
(1
)
 

 
(4
)
Net periodic postretirement expense
$
2

 
$
5

 
$
2

Schedule of changes in benefit obligations for postretirement welfare plans
Information regarding the changes in benefit obligations for our postretirement welfare plans is as follows:
 
Years Ended March 31,
(In millions)
2017
 
2016
Benefit obligation at beginning of period
$
98

 
$
118

Service cost
1

 
1

Interest cost
2

 
4

Plan amendments

 
(16
)
Actuarial (gain) / loss
(13
)
 
3

Benefit payments
(6
)
 
(11
)
Curtailment gain

 
(1
)
Benefit obligation at end of period
$
82

 
$
98