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Hedging Activities (Tables)
12 Months Ended
Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of information regarding fair value of derivatives on a gross basis
Information regarding the fair value of derivatives on a gross basis is as follows:
Balance Sheet
Caption
March 31, 2021March 31, 2020
Fair Value of
Derivative
U.S. Dollar NotionalFair Value of
Derivative
U.S. Dollar Notional
(In millions)AssetLiabilityAssetLiability
Derivatives designated for hedge accounting
Cross-currency swaps
 (current)
Prepaid expenses and other/Other accrued liabilities$$47 $826 $112 $19 $1,279 
Cross-currency swaps (non-current)Other non-current assets/liabilities72 92 2,663 182 — 3,313 
Forward starting interest rate swaps (current)Other accrued liabilities— 704 — — — 
Total$76 $146 $294 $19 
Derivatives not designated for hedge accounting
Foreign exchange contracts (current)Prepaid expenses and other$— $— $29 $$— $24 
Foreign exchange contracts (current)Other accrued liabilities— 10 — — 
Total$— $$$—