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Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of the Carrying Value of Assets Measured at Fair Value on a Recurring Basis
The following table summarizes our assets measured at fair value on a recurring basis, by level, within the fair value hierarchy:
 
June 30, 2017
 
March 31, 2017
(In millions)
Fair Value
 
Cash and Cash Equivalents
 
Short-Term Investments
 
Fair Value
 
Cash and Cash Equivalents
 
Short-Term Investments
Cash
$
480

 
$
480

 
$

 
$
1,183

 
$
1,183

 
$

Non-negotiable certificates of deposit
39

 
39

 

 
15

 
15

 

Level 1 (Quoted prices in active markets for identical assets):
 
 
 
 
 
 
 
 
 
 
 
Money market
1,298

 
1,298

 

 
2,532

 
2,532

 

U.S. government securities
102

 
102

 

 
94

 
94

 

Marketable equity securities
8

 

 
8

 
9

 

 
9

Total level 1
1,408

 
1,400

 
8

 
2,635

 
2,626

 
9

Level 2 (Significant other observable inputs):
 
 
 
 
 
 
 
 
 
 
 
U.S. agency securities
64

 
64

 

 
75

 
75

 

Commercial paper
323

 
323

 

 
348

 
348

 

Total level 2
387

 
387

 

 
423

 
423

 

Total
$
2,314

 
$
2,306

 
$
8

 
$
4,256

 
$
4,247

 
$
9