Cash Flows (Tables)

3 Months Ended

Jun. 30, 2022

Supplemental Cash Flow Elements [Abstract]

Cash Payments for Interest on Indebtedness and for Taxes

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

	Three Months Ended
(in millions)	June 30, 2022		June 30, 2021
Cash paid for:
Interest	$	22	$	65
Taxes on income, net of refunds (1)	$	53	$	52
Non-cash activities:
Operating:
ROU assets obtained in exchange for lease, net (2)	$	55	$	52
Prepaid assets acquired under long-term financing	$	34	$	111
Investing:
Capital expenditures in accounts payable and accrued expenses	$	8	$	1
Capital expenditures through finance lease obligations	$	26	$	71
Assets acquired under long-term financing	$	2	$	35
Financing:
Shares repurchased but not settled in cash	$	—	$	19

(1) Income tax refunds were $13 million and $14 million for the three months ended June 30, 2022 and June 30, 2021, respectively.

(2) Net of $338 million and $242 million in lease modifications and terminations for the three months ended