Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2015
Financial Instruments [Abstract]  
Fair Value Of Short-Term Investments
Short-term investments consisted of the following as of March 31, 2015 and 2014 (in millions):
 
As of March 31, 2015
 
As of March 31, 2014
 
Cost or
Amortized
Cost
 
Gross Unrealized
 
Fair
Value
 
Cost or
Amortized
Cost
 
Gross Unrealized
 
Fair
Value
 
Gains
 
Losses
 
Gains
 
Losses
 
Corporate bonds
$
467

 
$
—

 
$
—

 
$
467

 
$
279

 
$
—

 
$
—

 
$
279

U.S. Treasury securities
214

 
—

 
—

 
214

 
114

 
—

 
—

 
114

U.S. agency securities
161

 
1

 
—

 
162

 
80

 
—

 
—

 
80

Commercial paper
110

 
—

 
—

 
110

 
110

 
—

 
—

 
110

Short-term investments
$
952

 
$
1

 
$
—

 
$
953

 
$
583

 
$
—

 
$
—

 
$
583

Fair Value Of Short-Term Investments By Stated Maturity Date Schedule
The following table summarizes the amortized cost and fair value of our short-term investments, classified by stated maturity as of March 31, 2015 and 2014 (in millions):
 
As of March 31, 2015
 
As of March 31, 2014
 
Amortized
Cost
 
Fair
Value
 
Amortized
Cost
 
Fair
Value
Short-term investments
 
 
 
 
 
 
 
Due in 1 year or less
$
417

 
$
417

 
$
318

 
$
318

Due in 1-2 years
281

 
281

 
156

 
156

Due in 2-3 years
244

 
245

 
104

 
104

Due in 3-4 years
10

 
10

 
5

 
5

Short-term investments
$
952

 
$
953

 
$
583

 
$
583