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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:            
Net income $ 49,200,000 $ (251,100,000) $ 181,200,000 $ 108,700,000    
Adjustments to reconcile net income to net cash provided by operating activities:            
Depreciation and amortization     637,700,000 459,000,000    
Deferred income taxes     (29,100,000) 67,600,000    
Share-based compensation expense related to equity incentive plans     127,500,000 70,000,000    
Loss on settlement of debt 200,000 2,100,000 4,300,000 16,000,000   $ 43,900,000
Amortization of debt discount     85,200,000 79,000,000    
Amortization of debt issuance costs     12,100,000 5,000,000    
Losses on equity method investments 100,000 100,000 200,000 200,000    
Gains on sale of assets     0 (5,400,000)    
Losses on write-down of fixed assets     500,000 100,000    
Impairment of intangible assets     3,100,000 300,000    
Losses on available-for-sale investments and marketable equity securities, net     6,800,000 0    
Amortization of premium on available-for-sale investments     (200,000) 500,000    
Changes in operating assets and liabilities, excluding impact of acquisitions:            
Decrease (increase) in accounts receivable     189,400,000 (74,800,000)    
Decrease (increase) in inventories     344,500,000 (70,200,000)    
Increase in deferred income on shipments to distributors     0 42,900,000    
(Decrease) increase in accounts payable and accrued liabilities     (143,500,000) 41,800,000    
Change in other assets and liabilities     15,200,000 15,500,000    
Change in income tax payable     (163,500,000) 303,900,000    
Net cash provided by operating activities     1,271,400,000 1,060,100,000    
Cash flows from investing activities:            
Purchases of available-for-sale investments     (167,700,000) (1,338,100,000)    
Maturities of available-for-sale investments     75,700,000 520,000,000    
Sales of available-for-sale investments     1,376,600,000 0    
Acquisition of Microsemi, net of cash acquired     (7,850,600,000) 0    
Investments in other assets     (12,800,000) (5,400,000)    
Proceeds from sale of assets     200,000 10,300,000    
Capital expenditures     (188,800,000) (148,400,000)    
Net cash used in investing activities     (6,767,400,000) (961,600,000)    
Cash flows from financing activities:            
Payments on settlement of convertible debt [1]     0 (73,400,000)    
Proceeds from Issuance of 2023 and 2021 Senior Notes [1]     1,989,500,000 0    
Proceeds from borrowings on Term Loan Facility [1]     3,000,000,000 0    
Repayments of term loan facility [1]     (287,000,000) 0    
Proceeds from borrowings on revolving loan under credit facility [1]     3,725,500,000 187,000,000    
Repayments of revolving loan under credit facility [1]     (983,000,000) (187,000,000)    
Repayment of debt assumed in Microsemi acquisition [1]     (2,056,900,000) 0    
Deferred financing costs [1]     (72,700,000) (1,200,000)    
Payment of cash dividends [1]     (257,800,000) (252,400,000)    
Proceeds from sale of common stock [1]     26,900,000 26,600,000    
Tax payments related to shares withheld for vested restricted stock units [1]     (57,000,000) (34,100,000)    
Capital lease payments [1]     (600,000) (600,000)    
Net cash provided by (used in) financing activities     5,026,900,000 (335,100,000)    
Net decrease in cash, cash equivalents, and restricted cash     (469,100,000) (236,600,000)    
Cash and cash equivalents, and restricted cash at beginning of period [2]     901,300,000 908,700,000 $ 908,700,000  
Cash and cash equivalents, and restricted cash at end of period [2] $ 432,200,000 $ 672,100,000 $ 432,200,000 $ 672,100,000 $ 901,300,000 $ 908,700,000
[1] During the nine months ended December 31, 2017, the Company issued $111.3 million principal amount of 2017 Junior Convertible Debt and 3.2 million shares of common stock in exchange for $111.3 million principal amount of 2007 Junior Convertible Debt. Refer to Note 13 Debt and Credit Facility for further discussion.
[2] In the three months ended June 30, 2018, the Company adopted ASU 2016-18 - Statement of Cash Flows: Restricted Cash. The following table presents the balance of restricted cash which consists of cash denominated in a foreign currency and restricted in use due to a foreign taxing authority requirement (in millions): As of March 31, 2017 December 31, 2017 March 31, 2018 December 31, 2018Restricted cash $— $40.8 $42.1 $39.1