Python 3.1 (r31:73574, Jun 26 2009, 20:21:35) [MSC v.1500 32 bit (Intel)] on win32
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The accepted answer already mentions PEP 238. I just want to add a quick look behind the scenes for those interested in what's going on without reading the whole PEP.
Python maps operators like +, -, * and / to special functions, such that e.g. a + b is equivalent to
a.__add__(b)
Regarding division in Python 2, there is by default only / which maps to __div__ and the result is dependent on the input types (e.g. int, float).
Python 2.2 introduced the __future__ feature division, which changed the division semantics the following way (TL;DR of PEP 238):
/ maps to __truediv__ which must "return a reasonable approximation of
the mathematical result of the division" (quote from PEP 238)// maps to __floordiv__, which should return the floored result of /With Python 3.0, the changes of PEP 238 became the default behaviour and there is no more special method __div__ in Python's object model.
If you want to use the same code in Python 2 and Python 3 use
from __future__ import division
and stick to the PEP 238 semantics of / and //.