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Income from Continuing Operations Per Common Share (Tables)
6 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Reconciliation of earnings per common share
The following table presents basic and diluted income from continuing operations per common share information for the three and six months ended September 30, 2012 and 2011.
 
 
Three
Months Ended
September 30,
 
Six
Months Ended
September 30,
 
2012
 
2011
 
2012
 
2011
 
(in millions, except per share amounts)
Basic income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
222

 
$
236

 
$
462

 
$
464

Less: Income from continuing operations allocable to participating securities
(2
)
 
(3
)
 
(5
)
 
(6
)
Income from continuing operations allocable to common shares
$
220

 
$
233

 
$
457

 
$
458

Weighted average common shares outstanding
458

 
493

 
462

 
497

Basic income from continuing operations per common share
$
0.48

 
$
0.47

 
$
0.99

 
$
0.92

Diluted income from continuing operations per common share:
 
 
 
 
 
 
 
Income from continuing operations
$
222

 
$
236

 
$
462

 
$
464

Less: Income from continuing operations allocable to participating securities
(2
)
 
(3
)
 
(5
)
 
(6
)
Income from continuing operations allocable to common shares
$
220

 
$
233

 
$
457


$
458

Weighted average shares outstanding and common share equivalents:
 
 
 
 
 
 
 
Weighted average common shares outstanding
458

 
493

 
462

 
497

Weighted average effect of share-based payment awards
1

 
1

 
1

 
1

Denominator in calculation of diluted income per share
459

 
494

 
463

 
498

Diluted income from continuing operations per common share
$
0.48

 
$
0.47

 
$
0.99

 
$
0.92