Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions |
6 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
| OPERATING ACTIVITIES |
|
|
|
| Net income |
$ 402
|
|
$ 302
|
| Adjustments to reconcile net income to net cash used in operating activities: |
|
|
|
| Depreciation, amortization and accretion |
91
|
|
99
|
| Loss on conversion of senior notes |
0
|
|
6
|
| Stock-based compensation |
96
|
|
89
|
| Change in assets and liabilities: |
|
|
|
| Receivables, net |
(493)
|
|
(379)
|
| Inventories |
(17)
|
|
(26)
|
| Other assets |
54
|
|
39
|
| Accounts payable |
133
|
|
126
|
| Accrued and other liabilities |
(34)
|
|
(149)
|
| Deferred income taxes, net |
20
|
|
1
|
| Deferred net revenue (online-enabled games) |
(391)
|
|
(170)
|
| Net cash used in operating activities |
(139)
|
|
(62)
|
| INVESTING ACTIVITIES |
|
|
|
| Capital expenditures |
(69)
|
|
(42)
|
| Proceeds from maturities and sales of short-term investments |
644
|
|
513
|
| Purchase of short-term investments |
(824)
|
|
(551)
|
| Net cash used in investing activities |
(249)
|
|
(80)
|
| FINANCING ACTIVITIES |
|
|
|
| Payment of convertible notes |
(163)
|
|
(198)
|
| Proceeds from issuance of common stock |
31
|
|
84
|
| Excess tax benefit from stock-based compensation |
37
|
|
65
|
| Repurchase and retirement of common stock |
(256)
|
|
(258)
|
| Net cash used in financing activities |
(351)
|
|
(307)
|
| Effect of foreign exchange on cash and cash equivalents |
(8)
|
|
(21)
|
| Decrease in cash and cash equivalents |
(747)
|
|
(470)
|
| Beginning cash and cash equivalents |
2,493
|
[1] |
2,068
|
| Ending cash and cash equivalents |
1,746
|
|
1,598
|
| Supplemental cash flow information: |
|
|
|
| Cash paid during the period for income taxes, net |
26
|
|
26
|
| Cash paid during the period for interest |
22
|
|
3
|
| Non-cash Investing activities |
|
|
|
| Change in accrued capital expenditures |
$ (17)
|
|
$ (6)
|
|
|