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Income Taxes (Tables)
12 Months Ended
Mar. 31, 2012
Income Taxes [Abstract]  
Income tax provision (benefit)
                         
    Year Ended March 31,  
    2012     2011     2010  
          (In millions)        

Current:

                       

Federal

  $ 67.0     $ (14.4   $ 26.2  

State

    11.2       7.7       (0.5

Foreign

    49.1       40.9       44.2  
   

 

 

   

 

 

   

 

 

 

Total current

    127.3       34.2       69.9  
   

 

 

   

 

 

   

 

 

 

Deferred:

                       

Federal

    4.7       37.7       24.6  

State

    (0.7     3.1       4.3  

Foreign

    (2.3     0.1       (0.7
   

 

 

   

 

 

   

 

 

 

Total deferred

    1.7       40.9       28.2  
   

 

 

   

 

 

   

 

 

 

Income tax provision

  $ 129.0     $ 75.1     $ 98.1  
   

 

 

   

 

 

   

 

 

 
Reconciliation of income tax computed at United States federal statutory rate to reported income tax expense
                                                 
    Year Ended March 31,  
    2012     2011     2010  
    Amount     Percent     Amount     Percent     Amount     Percent  

Expense computed at United States statutory rate

  $ 185.5       35.0   $ 186.0       35.0   $ 176.5       35.0

Effect of foreign rate differentials

    (40.6     (7.7 )%      (54.6     (10.3 )%      (29.7     (5.9 )% 

Extraterritorial income and production activities

    (25.7     (4.8 )%      (24.7     (4.6 )%      (21.5     (4.3 )% 

deductions

                                               

State income taxes, net of federal benefit

    6.8       1.3     8.7       1.6     3.1       0.6

Settlements with tax authorities

    (6.2     (1.2 )%      (57.2     (10.8 )%      (30.0     (5.9 )% 

Other, net

    9.2       1.7     16.9       3.2     (0.3     0.0
   

 

 

           

 

 

           

 

 

   

 

 

 
    $ 129.0       24.3   $ 75.1       14.1   $ 98.1       19.5
   

 

 

           

 

 

           

 

 

   

 

 

 
Significant components of deferred tax assets and liabilities
                 
    March 31,  
    2012     2011  
    (In millions)  

Deferred tax assets:

               

Deferred revenue

  $ 66.5     $ 53.7  

Compensation plans

    47.0       46.5  

Property and equipment, net

    4.0       4.6  

Net operating loss carryforwards

    52.8       36.0  

Tax credit carryforwards

    10.0       6.2  

Other

    65.7       77.1  
   

 

 

   

 

 

 

Total gross deferred tax assets

    246.0       224.1  

Valuation allowance

    (20.5     (10.1
   

 

 

   

 

 

 

Total deferred tax assets

    225.5       214.0  

Deferred tax liabilities:

               

Software development costs

    (88.2     (70.7

Acquired intangible assets

    (95.0     (13.5

Other

    (55.0     (59.4
   

 

 

   

 

 

 

Total deferred tax liabilities

    (238.2     (143.6
   

 

 

   

 

 

 

Net deferred tax assets (liabilities)

  $ (12.7   $ 70.4  
   

 

 

   

 

 

 

As reported:

               

Current deferred tax assets

  $ 71.0     $ 65.1  
   

 

 

   

 

 

 

Other long-term assets

  $ 22.7     $ 29.3  
   

 

 

   

 

 

 

Accrued liabilities

  $ (0.4   $ (3.7
   

 

 

   

 

 

 

Other long-term liabilities

  $ (106.0   $ (20.3
   

 

 

   

 

 

 
Unrecognized tax benefits (excluding interest and penalties)
                         
    Year Ended March 31,  
    2012     2011     2010  
          (In millions)        

Beginning of year

  $ 55.8     $ 106.4     $ 106.3  

Increases related to current year tax positions

    3.1       6.6       6.0  

Increases related to prior year tax positions

    8.8       20.8       21.0  

Decreases related to prior year tax positions

    (8.1     (58.9     (22.7

Decreases related to lapses of statutes of limitations

    (2.6     (19.0     (3.9

Impact of foreign currency exchange rate changes

    (0.2     (0.1     (0.3
   

 

 

   

 

 

   

 

 

 

End of year

  $ 56.8     $ 55.8     $ 106.4