Income Taxes	3 Months Ended
Jun. 30, 2014
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company recorded a consolidated income tax benefit of $8 million during the current quarter, arising from the ability of its subsidiary, Deltafina S.p.A., to pay a significant portion of the European Commission fine and related interest charges in Italy that were settled in June 2014 following the unsuccessful appeal of the case involving anti-competitive activities in the Italian tobacco market (see Note 3). Deltafina and Universal Corporation were jointly liable for the amounts imposed by the European Commission. The Company’s initial accrual of the fine and interest in September 2011 assumed that the entire obligation would be paid by Universal Corporation due to uncertainty with respect to Deltafina’s financial capacity to bear any significant portion of the cost upon the eventual settlement and uncertainty as to when the payment would be made. Deltafina ultimately was able to assume responsibility for approximately $30 million of the total $53 million obligation for the fine and interest when those amounts were paid in June 2014. Although the portion of the fine paid by Deltafina is not deductible for income tax purposes in Italy, it reduced the subsidiary’s cumulative undistributed earnings and the associated consolidated tax liability, resulting in the $8 million benefit in the Company’s consolidated income tax provision for the quarter. Excluding the above discrete item, the Company’s consolidated effective income tax rate for the quarter ended June 30, 2014 was 35%, which was consistent with the effective rate for the quarter ended June 30, 2013 and approximates the U.S. federal statutory rate. The effects of items that can cause the Company’s effective rate to differ from the U.S. federal statutory rate were not significant for either quarter.

Income Taxes

3 Months Ended

Jun. 30, 2014

INCOME TAXES

The Company recorded a consolidated income tax benefit of $8 million during the current quarter, arising from the ability of its subsidiary, Deltafina S.p.A., to pay a significant portion of the European Commission fine and related interest charges in Italy that were settled in June 2014 following the unsuccessful appeal of the case involving anti-competitive activities in the Italian tobacco market (see Note 3). Deltafina and Universal Corporation were jointly liable for the amounts imposed by the European Commission. The Company’s initial accrual of the fine and interest in September 2011 assumed that the entire obligation would be paid by Universal Corporation due to uncertainty with respect to Deltafina’s financial capacity to bear any significant portion of the cost upon the eventual settlement and uncertainty as to when the payment would be made. Deltafina ultimately was able to assume responsibility for approximately $30 million of the total $53 million obligation for the fine and interest when those amounts were paid in June 2014. Although the portion of the fine paid by Deltafina is not deductible for income tax purposes in Italy, it reduced the subsidiary’s cumulative undistributed earnings and the associated consolidated tax liability, resulting in the $8 million benefit in the Company’s consolidated income tax provision for the quarter.

Excluding the above discrete item, the Company’s consolidated effective income tax rate for the quarter ended June 30, 2014 was 35%, which was consistent with the effective rate for the quarter ended June 30, 2013 and approximates the U.S. federal statutory rate. The effects of items that can cause the Company’s effective rate to differ from the U.S. federal statutory rate were not significant for either quarter.