v3.26.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2026
EARNINGS PER SHARE  
Schedule of computation of basic and diluted earnings per share of common stock

Year Ended March 31,

(In millions, except per share amounts)

2026

2025

2024

Net income (loss) on which basic and diluted earnings per share is calculated

$

198

$

252

$

(340)

Number of shares on which basic earnings (loss) per share is calculated

228.3

231.5

229.2

Dilutive effect of stock options and equity awards

5.5

7.7

Number of shares on which diluted earnings (loss) per share is calculated

233.8

239.1

229.2

Basic earnings (loss) per share

$

0.87

$

1.09

$

(1.48)

Diluted earnings (loss) per share

 

0.85

 

1.05

 

(1.48)

Schedule of anti dilutive securities were not included in the computation of diluted net earnings per share

Year Ended March 31,

(In millions)

2026

2025

2024

Nonvested restricted stock units

2.4

0.6

8.8

Nonvested performance-conditioned stock units

2.9

4.2

3.0

Nonvested market-conditioned stock units

0.2

0.7

2.7

Stock options issued and outstanding

0.7

3.6

Total

6.2

5.5

18.1