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Segment, Geographical Area, Major Customer and Major Supplier Information (Tables)
 12 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Selected segment financial information
Selected Segment Financial Information
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Operating Results Year Ended March 31, 2017
 
North
America
 
Europe
 
Asia
 
South
America
 
Eliminations
and Other
 
Total
Net sales - third party
 
$
3,226

 
$
2,930

 
$
1,771

 
$
1,448

 
$
216

 
$
9,591

Net sales - intersegment
 
2

 
38

 
20

 
62

 
(122
)
 
—

Net sales
 
$
3,228

 
$
2,968

 
$
1,791

 
$
1,510

 
$
94

 
$
9,591

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
149

 
$
106

 
$
59

 
$
63

 
$
(17
)
 
$
360

Income tax provision
 
$
18

 
$
12

 
$
20

 
$
88

 
$
13

 
$
151

Capital expenditures
 
$
80

 
$
65

 
$
38

 
$
39

 
$
2

 
$
224

 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Investment in and advances to non–consolidated affiliates
 
$
—

 
$
451

 
$
—

 
$
—

 
$
—

 
$
451

Total assets
 
$
2,359

 
$
2,679

 
$
1,576

 
$
1,637

 
$
93

 
$
8,344

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Operating Results Year Ended March 31, 2016
 
North
America
 
Europe
 
Asia
 
South
America
 
Eliminations
and Other
 
Total
Net sales - third party
 
$
3,262

 
$
3,055

 
$
1,879

 
$
1,482

 
$
194

 
$
9,872

Net sales - intersegment
 
4

 
168

 
113

 
93

 
(378
)
 
—

Net sales
 
$
3,266

 
$
3,223

 
$
1,992

 
$
1,575

 
$
(184
)
 
$
9,872

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
143

 
$
106

 
$
61

 
$
61

 
$
(18
)
 
$
353

Income tax (benefit) provision
 
$
(53
)
 
$
(11
)
 
$
12

 
$
81

 
$
17

 
$
46

Capital expenditures
 
$
143

 
$
146

 
$
35

 
$
39

 
$
7

 
$
370

 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Investment in and advances to non–consolidated affiliates
 
$
—

 
$
488

 
$
—

 
$
—

 
$
—

 
$
488

Total assets
 
$
2,370


$
2,687

—

$
1,516

—

$
1,584


$
123

 
$
8,280

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Operating Results Year Ended March 31, 2015
 
North
America
 
Europe
 
Asia
 
South
America
 
Eliminations
and Other
 
Total
Net sales - third party
 
$
3,465

 
$
3,609

 
$
2,139

 
$
1,749

 
$
185

 
$
11,147

Net sales - intersegment
 
18

 
174

 
201

 
101

 
(494
)
 
—

Net sales
 
$
3,483

 
$
3,783

 
$
2,340

 
$
1,850

 
$
(309
)
 
$
11,147

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
137

 
$
103

 
$
71

 
$
63

 
$
(22
)
 
$
352

Income tax (benefit) provision
 
$
(27
)
 
$
12

 
$
16

 
$
(1
)
 
$
14

 
$
14

Capital expenditures
 
$
122

 
$
257

 
$
85

 
$
53

 
$
1

 
$
518
Reconciliation from income from reportable segments to net income attributable to out common shareholder
The following table shows the reconciliation from income from reportable segments to “Net income attributable to our common shareholder” (in millions).
 
 
 
Year Ended March 31,
 
 
2017
 
2016
 
2015
North America
 
$
384

 
$
258

 
$
273

Europe
 
180

 
116

 
250

Asia
 
153

 
135

 
141

South America
 
340

 
282

 
240

Intersegment eliminations and other
 
(3
)
 
—

 
(2
)
Depreciation and amortization
 
(360
)
 
(353
)
 
(352
)
Interest expense and amortization of debt issuance costs
 
(294
)
 
(327
)
 
(326
)
Adjustment to eliminate proportional consolidation
 
(28
)
 
(30
)
 
(33
)
Unrealized gains (losses) on change in fair value of derivative instruments, net
 
5

 
(4
)
 
—

Realized gains (losses) on derivative instruments not included in segment income
 
5

 
(1
)
 
(6
)
Gain on assets held for sale
 
2

 
—

 
22

Loss on extinguishment of debt
 
(134
)
 
(13
)
 
—

Restructuring and impairment, net
 
(10
)
 
(48
)
 
(37
)
Loss on sale of business
 
(27
)
 
—

 
—

Loss on sale of fixed assets
 
(6
)
 
(4
)
 
(5
)
Other costs, net
 
(10
)
 
(3
)
 
(3
)
Income before income taxes
 
197

 
8

 
162

Income tax provision
 
151

 
46

 
14

Net income (loss)
 
46

 
(38
)
 
148

Net income attributable to noncontrolling interests
 
1

 
—

 
—

Net income (loss) attributable to our common shareholder
 
$
45

 
$
(38
)
 
$
148
Schedule of revenue from external customers attributed to foreign countries by geographic area
The tables below present “Net sales” and “Long-lived assets and other intangible assets” by geographical area (in millions). “Net sales” are attributed to geographical areas based on the origin of the sale. “Long-lived assets and other intangible assets” are attributed to geographical areas based on asset location and exclude investments in and advances to our non-consolidated affiliates and goodwill.
 
 
 
Year Ended March 31,
 
 
2017
 
2016
 
2015
Net sales:
 
 
 
 
 
 
United States
 
$
3,336

 
$
3,334

 
$
3,507

Asia and Other Pacific
 
1,771

 
1,879

 
2,139

Brazil
 
1,448

 
1,482

 
1,750

Canada
 
106

 
121

 
144

Germany
 
2,428

 
2,506

 
2,976

Other Europe
 
502

 
550

 
631

Total Net sales
 
$
9,591

 
$
9,872

 
$
11,147
Schedule of disclosure on geographic areas, long-lived assets in individual foreign countries by country
 
 
March 31,
 
 
2017
 
2016
Long-lived assets and other intangibles:
 
 
 
 
United States
 
$
1,400

 
$
1,483

Asia and Other Pacific
 
756

 
784

Brazil
 
823

 
840

Canada
 
64

 
70

Germany
 
260

 
287

United Kingdom
 
39

 
43

Other Europe
 
472

 
522

Total long-lived assets
 
$
3,814

 
$
4,029
Net sales to largest customers, as a percentage of total net sales
The table below shows our net sales to the Affiliates of Ball Corporation (Ball) and Ford Motor Company (Ford), our two largest customers, as a percentage of total “Net sales.”
 
 
 
Year Ended March 31,
 
 
2017
 
2016
 
2015
Ball (A)
 
27
%
 
30
%
 
28
%
Ford
 
10
%
 
4
%
 
2
%

(A)
In February of 2015, Ball Corporation made an offer to acquire Rexam. On June 30, 2016, Ball completed the acquisition of Rexam and the divestiture of certain assets to the Ardagh Group. We have combined the sales for Ball and Rexam for presentation purposes. Prior period amounts disclosed above for Ball do not include the effects of the divestiture of the assets to the Ardagh Group.
Percentage of total combined metal purchases
The table below shows our purchases from RT as a percentage of our total combined metal purchases.
 
 
 
Year Ended March 31,
 
 
2017
 
2016
 
2015
Purchases from RT as a percentage of total combined metal purchases
 
10
%
 
12
%
 
15
%