Debt and Financing Activities (Tables)

3 Months Ended

Jun. 30, 2026

Long-term debt consisted of the following:


(In millions)	June 30, 2026		March 31, 2026
U.S. Dollar notes (1) (2)



1.30% Notes due August 15, 2026	500		500
7.65% Debentures due March 1, 2027	150		150
3.95% Notes due February 16, 2028	343		343
4.90% Notes due July 15, 2028	400		400
4.75% Notes due May 30, 2029	196		196
4.25% Notes due September 15, 2029	500		500
4.65% Notes due May 30, 2030	650		650
4.95% Notes due May 30, 2032	650		650
5.10% Notes due July 15, 2033	597		597
5.25% Notes due May 30, 2035	699		699
6.00% Notes due March 1, 2041	218		218
4.88% Notes due March 15, 2044	255		255
U.S. Dollar Medical-Surgical Solutions term loans (3)
4.94% Term Loan A-2 due April 1, 2028	250		—
4.94% Term Loan A-1 due April 1, 2031	750		—
5.88% Term Loan B due June 9, 2032	2,239		—
Foreign currency notes (1) (4)

1.63% Euro Notes due October 30, 2026	571		578
3.13% Sterling Notes due February 17, 2029	597		595

Lease and other obligations	164		195
Total debt	9,729		6,526
Less: Current portion	1,297		1,267
Total long-term debt	$	8,432	$	5,259

(1)These notes are unsecured and unsubordinated obligations of the Company.

(2)Interest on these U.S. dollar notes is payable semi-annually.

(3)Interest on these U.S. dollar Medical-Surgical Solutions term loans is payable quarterly.

(4)Interest on these foreign currency notes is payable annually.