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Held for Sale (Tables)
 9 Months Ended
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Assets and Liabilities Held for Sale
The total assets and liabilities of the E.U. disposal group that have met the classification of held for sale in the Company’s Condensed Consolidated Balance Sheet are as follows:
(In millions)December 31, 2021
Assets
Current assets
Receivables, net$1,346 
Inventories, net913 
Prepaid expenses and other75 
Property, plant, and equipment, net296 
Operating lease right-of-use assets221 
Intangible assets, net274 
Other non-current assets348 
Remeasurement of assets of businesses held for sale to fair value less costs to sell (1)
(387)
Total assets held for sale$3,086 
Liabilities
Current liabilities
Drafts and accounts payable$1,433 
Current portion of long-term debt5 
Current portion of operating lease liabilities32 
Other accrued liabilities440 
Long-term debt12 
Long-term deferred tax liabilities47 
Long-term operating lease liabilities187 
Other non-current liabilities165 
Total liabilities held for sale$2,321 
(1)Excludes charges related to the impairment of individual assets, which are primarily comprised of a $113 million impairment of internally developed software recorded directly against the gross value of the assets impacted.
The total assets and liabilities of the U.K. disposal group that have met the classification of held for sale in the Company’s Condensed Consolidated Balance Sheet are as follows:
(In millions)December 31, 2021
Assets
Current assets
Cash and cash equivalents$206 
Receivables, net1,212 
Inventories, net698 
Prepaid expenses and other76 
Property, plant, and equipment, net91 
Operating lease right-of-use assets259 
Intangible assets, net120 
Other non-current assets78 
Remeasurement of assets of businesses held for sale to fair value less costs to sell(822)
Total assets held for sale$1,918 
Liabilities
Current liabilities
Drafts and accounts payable$1,756 
Current portion of operating lease liabilities51 
Other accrued liabilities141 
Long-term operating lease liabilities269 
Other non-current liabilities57 
Total liabilities held for sale$2,274