Stockholders' Equity (Tables)

12 Months Ended

Mar. 31, 2021

The details of shares repurchased during fiscal 2020 and 2019 are shown below:


Fiscal Year	Number of shares repurchased	Average Price Per Share	Amount (In millions)
2020
Open market purchases	12,279,107	$43.67	$	536
ASR	3,654,544	$54.73	$	200
2020 Total	15,933,651	$46.21	$	736
2019
Open market purchases	19,342,586	$69.20	$	1,339
2019 Total	19,342,586	$69.20	$	1,339

Schedule of Dividends

Dividends

The Board of Directors (the “Board”) has suspended the Company’s cash dividend payment beginning in the first quarter of fiscal 2021 to preserve cash and enhance financial flexibility in the current environment. We intend to continue to suspend quarterly cash dividends for fiscal 2022. The dividends declared during fiscal 2020 and 2019 are shown in the table below:


	Dividends Declared
(in millions, except per share amounts)	Per Common Share		Total		Unpaid at Fiscal Year End

Fiscal 2020	$	0.84	$	219	$	55
Fiscal 2019	$	0.76	$	209	$	53

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table shows the changes in accumulated other comprehensive income (loss), net of taxes:


(in millions)	Foreign Currency Translation Adjustments		Cash Flow Hedges		Available-for-sale Securities		Pension and Other Post-retirement Benefit Plans		Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2018	$	(261)	$	9	$	9	$	301	$	58
Current-period other comprehensive loss	(256)		(22)		—		(21)		(299)
Amounts reclassified from accumulated other comprehensive income (loss), net of taxes	—		10		—		(13)		(3)
Balance at March 31, 2019	$	(517)	$	(3)	$	9	$	267	$	(244)
Current-period other comprehensive loss	(334)		(15)		—		—		(349)
Amounts reclassified from accumulated other comprehensive (loss) income, net of taxes	—		(2)		—		(8)		(10)
Balance at March 31, 2020	$	(851)	$	(20)	$	9	$	259	$	(603)
Current-period other comprehensive income (loss)	297		14		(9)		—		302
Amounts reclassified from accumulated other comprehensive income (loss), net of taxes	—		5		—		(6)		(1)
Balance at March 31, 2021	$	(554)	$	(1)	$	—	$	253	$	(302)