The following table summarizes the computations of basic earnings per share (“Basic EPS”) and diluted earnings per share (“Diluted EPS”). Basic EPS is computed as net income divided by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock-based compensation plans including stock options, restricted stock units, market-based restricted stock units, performance-based restricted stock units, and ESPP purchase rights using the treasury stock method.


	Year Ended March 31,
(In millions, except per share amounts)	2026		2025		2024
Net income	$	887	$	1,121	$	1,273
Shares used to compute earnings per share:
Weighted-average common stock outstanding — basic	250		262		270
Dilutive potential common shares related to stock award plans	3		2		2


Weighted-average common stock outstanding — diluted	253		264		272
Earnings per share:
Basic	$	3.55	$	4.28	$	4.71
Diluted	$	3.51	$	4.25	$	4.68

Certain restricted stock units, market-based restricted stock units and performance-based restricted stock units were excluded from the treasury stock method computation of diluted shares as their inclusion would have had an antidilutive effect. For the fiscal years ended March 31, 2026, 2025 and 2024, one million such shares were excluded.