XML 80 R51.htm IDEA: XBRL DOCUMENT v3.7.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Loss Contingencies by Contingency
The assets and liabilities related to these settlements are presented in the table below (in millions).
 
March 31,
 
2017
 
2016
Cash deposits (A)
$
3

 
$
2

 
 
 
 
Short-term settlement liability (B)
$
9

 
$
7

Long-term settlement liability (B)
59

 
57

Total settlement liability
$
68

 
$
64

 
 
 
 
Liability for other disputes and claims (C)
$
22

 
$
17


(A) We have these cash deposits as a result of legal proceedings with Brazil's tax authorities. These deposits, which are included in “Other long-term assets — third parties” in our accompanying consolidated balance sheets, will be expended toward these legal proceedings.
(B) The short-term and long-term settlement liabilities are included in "Accrued expenses and other current liabilities" and "Other long-term liabilities", respectively, in our accompanying consolidated balance sheets.
(C)
In addition to the disputes we have settled under the federal tax dispute settlement program, we are involved in several other unresolved tax and other legal claims in Brazil. The related liabilities are included in "Other long-term liabilities" in our accompanying consolidated balance sheets.

The interest cost recorded on these settlement liabilities, partially offset by interest earned on the cash deposits is included in the table below (in millions).
 
Year Ended March 31,
 
2017
 
2016
 
2015
Loss on Brazilian tax litigation, net
$
5

 
$
5

 
$
7