Share-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share-based compensation expense

The following table presents the details of the Company's share-based compensation expense (in millions):



	Three Months Ended				Nine Months Ended
	December 31,				December 31,
	2018		2017		2018		2017
Cost of sales ⁽¹⁾	$	3.4	$	3.5	$	10.9	$	10.6
Research and development	19.4		10.9		53.2		31.8
Selling, general and administrative	16.6		9.6		46.1		27.6
Special (income) charges and other, net	0.2		—		17.3		—
Pre-tax effect of share-based compensation	39.6		24.0		127.5		70.0
Income tax benefit ⁽²⁾	8.2		6.6		27.3		21.9
Net income effect of share-based compensation	$	31.4	$	17.4	$	100.2	$	48.1

⁽¹⁾ During the three and nine months ended December 31, 2018, $4.7 million and $12.6 million, respectively, of share-based compensation expense was capitalized to inventory and $3.4 million and $10.9 million, respectively, of previously capitalized share-based compensation expense in inventory was sold. During the three and nine months ended December 31, 2017, $3.1 million and $8.9 million, respectively, of share-based compensation expense was capitalized to inventory and $3.5 million and $10.6 million, respectively, of previously capitalized share-based compensation expense in inventory was sold.

⁽²⁾ Amounts exclude excess tax benefits related to share-based compensation of $4.1 million and $13.1 million, respectively, for the three and nine months ended December 31, 2018 and $5.7 million and $19.8 million, respectively, for the three and nine months ended December 31, 2017.