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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Net operating revenues:      
Service $ 25,368 $ 27,174 $ 29,542
Equipment 7,979 5,006 4,990
Net operating revenues 33,347 32,180 34,532
Net operating expenses:      
Cost of services (exclusive of depreciation and amortization below) 7,861 9,439 9,660
Cost of products (exclusive of depreciation and amortization below) 7,077 5,795 9,309
Selling, general and administrative 7,994 8,479 9,563
Impairments 0 0 2,133 [1]
Severance and exit costs 66 409 304
Depreciation 7,098 5,794 3,797
Amortization 1,052 1,294 1,552
Other, net 435 660 109
Total costs and expenses 31,583 31,870 36,427
Operating (loss) income 1,764 310 (1,895)
Other (expense) income:      
Interest expense (2,495) (2,182) (2,051)
Other income (expense), net (40) 18 27
Nonoperating income (expense) (2,535) (2,164) (2,024)
Loss (income) before income taxes (771) (1,854) (3,919)
Income tax benefit (expense) (435) (141) 574
Net loss $ (1,206) $ (1,995) $ (3,345)
Basic and diluted net loss per common share $ (0.30) $ (0.50) $ (0.85)
Basic and diluted weighted average common shares outstanding 3,981 3,969 3,953
[1] (2)Impairments for the year ended March 31, 2015 consist of a $1.9 billion trade name impairment related to the Wireless segment and a $233 million impairment related to Wireline long-lived assets.