Debt and Financing Activities (Tables)

12 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of long-term debt

Long-term debt consisted of the following:

	March 31,
(In millions)	2021		2020
U.S. Dollar notes (1) (2)
3.65% Notes due November 30, 2020	$	—	$	700
4.75% Notes due March 1, 2021	—		323
2.70% Notes due December 15, 2022	400		400
2.85% Notes due March 15, 2023	400		400
3.80% Notes due March 15, 2024	1,100		1,100
0.90% Notes due December 3, 2025	500		—
7.65% Debentures due March 1, 2027	167		167
3.95% Notes due February 16, 2028	600		600
4.75% Notes due May 30, 2029	400		400
6.00% Notes due March 1, 2041	282		282
4.88% Notes due March 15, 2044	411		411
Foreign currency notes (1) (3)
0.63% Euro Notes due August 17, 2021	704		662
1.50% Euro Notes due November 17, 2025	700		659
1.63% Euro Notes due October 30, 2026	587		552
3.13% Sterling Notes due February 17, 2029	627		557
Lease and other obligations	270		174
Total debt	7,148		7,387
Less: Current portion	742		1,052
Total long-term debt	$	6,406	$	6,335

(1)These notes are unsecured and unsubordinated obligations of the Company.

(2)Interest on these notes is payable semi-annually.

(3)Interest on these foreign currency notes is payable annually.