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Hedging Activities (Tables)
9 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of information regarding the fair value of derivatives on a gross basis
Information regarding the fair value of derivatives on a gross basis is as follows:
 
Balance Sheet
Caption
December 31, 2019
 
March 31, 2019
 
Fair Value of
Derivative
U.S. Dollar Notional
 
Fair Value of
Derivative
U.S. Dollar Notional
(In millions)
Asset
Liability
 
Asset
Liability
Derivatives designated for hedge accounting
 
 
 
 
 
 
 
 
Foreign exchange contracts (current)
Prepaid expenses and other
$
16

$

$
81

 
$
17

$

$
81

Cross-currency swaps (current)
Prepaid expenses and other/Other accrued liabilities
24

14

355

 

18


Cross-currency swaps (non-current)
Other Noncurrent Assets/Liabilities
59

39

4,237

 
91

33

5,283

Total
 
$
99

$
53

 
 
$
108

$
51

 
Derivatives not designated for hedge accounting
 
 
 
 
 
 
 
 
Foreign exchange contracts (current)
Prepaid expenses and other
$
3

$

$
322

 
$

$

$
14

Foreign exchange contracts (current)
Other accrued liabilities


14

 


14

Total
 
$
3

$

 
 
$

$