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Derivative and Hedging Activities (Tables)
3 Months Ended
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Not Designated For Hedge Accounting
The following table presents the pretax amounts impacting income related to foreign currency forward contracts:
 
 
 
 
For the Three Months Ended
(in millions)
 
Statement of Operations Line Item
 
June 30, 2019
 
June 30, 2018
Foreign currency forward contracts
 
Other expense (income), net
 
$
19

 
$
32


Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The following tables present the fair values of derivative instruments included in the balance sheets:
 
 
Derivative Assets
 
 
 
 
As of
(in millions)
 
Balance Sheet Line Item
 
June 30, 2019
 
March 31, 2019
 
 
 
 
 
 
 
Derivatives designated for hedge accounting:
 
 
Foreign currency forward contracts
 
Other current assets
 
7

 
38

Total fair value of derivatives designated for hedge accounting
 
$
7

 
$
38

 
 
 
Derivatives not designated for hedge accounting:
 
 
Foreign currency forward contracts
 
Other current assets
 
$
2

 
$
5

Total fair value of derivatives not designated for hedge accounting
 
$
2

 
$
5


 
 
Derivative Liabilities
 
 
 
 
As of
(in millions)
 
Balance Sheet Line Item
 
June 30, 2019
 
March 31, 2019
 
 
 
 
 
 
 
Derivatives designated for hedge accounting:
 
 
 
 
Foreign currency forward contracts
 
Accrued expenses and other current liabilities
 
$
1

 
$
4

Total fair value of derivatives designated for hedge accounting:
 
$
1

 
$
4

 
 
 
 
 
 
Derivatives not designated for hedge accounting:
 
 
 
 
Foreign currency forward contracts
 
Accrued expenses and other current liabilities
 
$
2

 
$
9

Total fair value of derivatives not designated for hedge accounting
 
$
2

 
$
9