Debt and Financing Activities (Tables)

6 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consisted of the following:

(In millions)	September 30, 2021		March 31, 2021
U.S. Dollar notes (1) (2)
2.70% Notes due December 15, 2022	$	400	$	400
2.85% Notes due March 15, 2023	360		400
3.80% Notes due March 15, 2024	918		1,100
0.90% Notes due December 3, 2025	500		500
1.30% Notes due August 15, 2026	498		—
7.65% Debentures due March 1, 2027	150		167
3.95% Notes due February 16, 2028	343		600
4.75% Notes due May 30, 2029	197		400
6.00% Notes due March 1, 2041	220		282
4.88% Notes due March 15, 2044	255		411
Foreign currency notes (1) (3)
0.63% Euro Notes due August 17, 2021	—		704
1.50% Euro Notes due November 17, 2025	703		700
1.63% Euro Notes due October 30, 2026	588		587
3.13% Sterling Notes due February 17, 2029	602		627
Lease and other obligations (4)	251		270
Total debt	5,985		7,148
Less: Current portion	39		742
Total long-term debt	$	5,946	$	6,406

(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.

(4)Excludes current and long-term debt of approximately $4 million and $15 million, respectively, as of September 30, 2021 related to the E.U. disposal group, as discussed in more detail in Financial Note 2, “Held for Sale.” These amounts were included under the caption “Liabilities held for sale” in the Condensed Consolidated Balance Sheet as of September 30, 2021.