Cash Flows

9 Months Ended

Dec. 31, 2020

Supplemental Cash Flow Elements [Abstract]

Cash Flows

Cash Flows

Cash payments for interest on indebtedness and income taxes and other select non-cash activities are as follows:

	Nine Months Ended
(in millions)	December 31, 2020		December 31, 2019
Cash paid for:
Interest	$	262	$	277
Taxes on income, net of refunds (1)	$	159	$	202
Non-cash activities:
Operating:
ROU assets obtained in exchange for lease, net (2)	$	449	$	314
Prepaid assets acquired under long-term financing	$	46	$	23
Investing:
Capital expenditures in accounts payable and accrued expenses	$	16	$	121
Capital expenditures through finance lease obligations	$	277	$	507
Assets acquired under long-term financing	$	26	$	282
(Decrease) increase in deferred purchase price receivable	$	(52)	$	58
Contingent consideration	$	2	$	19
Financing:
Dividends declared but not yet paid	$	—	$	54

(1) Income tax refunds were $31 million and $36 million for the nine months ended December 31, 2020 and December 31, 2019, respectively.

(2) Net of $87 million change in lease classification from operating to finance lease in fiscal 2020.