Cash Flows (Tables)

9 Months Ended

Dec. 31, 2021

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, 2021		December 31, 2020
Cash paid for:
Interest	$	177	$	262
Taxes on income, net of refunds (1)	$	326	$	159

Non-cash activities:


Operating:
ROU assets obtained in exchange for lease, net (2)	$	130	$	449
Prepaid assets acquired under long-term financing	$	111	$	46
Investing:
Capital expenditures in accounts payable and accrued expenses	$	60	$	16
Capital expenditures through finance lease obligations	$	180	$	277
Assets acquired under long-term financing	$	44	$	26
Decrease in deferred purchase price receivable	$	—	$	(52)
Contingent consideration	$	—	$	2
Financing:

Shares repurchased but not settled in cash	$	11	$	—

(1) Income tax refunds were $46 million and $31 million for the nine months ended December 31, 2021 and December 31, 2020, respectively.

(2) Net of $792 million and $529 million in lease modifications and terminations during the first nine months of fiscal 2022 and 2021, respectively.