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Related Party Balances And Transactions
12 Months Ended
Mar. 31, 2012
Related Party Balances And Transactions [Abstract]  
Related Party Balances And Transactions

21. Related Party Balances and Transactions

     Notes receivable outstanding from certain of our current and former officers totaled $15 million at March 31, 2012 and 2011. These notes related to purchases of common stock under our various employee stock purchase plans. The notes bear interest at rates ranging from 4.7% to 7.1% and were due at various dates through February 2004. Interest income on these notes is recognized only to the extent that cash is received. These notes, which are included in other capital in the consolidated balance sheets, were issued for amounts equal to the market value of the stock on the date of the purchase and are at full recourse to the borrower. At March 31, 2012, the value of the underlying stock collateral was $15 million. The collectability of these notes is evaluated on an ongoing basis. At March 31, 2012 and 2011, we provided a reserve of nil and approximately $1 million for the outstanding notes.

     We incurred $10 million in 2012 and $11 million in 2011 and 2010 of annual rental expense paid to an equity-held investment.