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Business Acquisitions (Tables)
12 Months Ended
Mar. 31, 2019
Microsemi Corporation  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The table below represents the allocation of the purchase price to the net assets acquired based on their estimated fair values, as well as the associated estimated useful lives of the acquired intangible assets (in millions).

 
Previously reported December 31, 2018
 
Adjustments
 
March 31, 2019
Assets acquired
 
 
 
 
 
Cash and cash equivalents
$
340.0

 
$

 
$
340.0

Accounts receivable
216.1

 
(0.5
)
 
215.6

Inventories
571.5

 
4.7

 
576.2

Other current assets
85.2

 

 
85.2

Property, plant and equipment
201.9

 
(0.4
)
 
201.5

Goodwill
4,483.0

 
(118.1
)
 
4,364.9

Purchased intangible assets
5,466.9

 
167.6

 
5,634.5

Long-term deferred tax assets
6.0

 
(0.1
)
 
5.9

Other assets
57.2

 
(3.9
)
 
53.3

Total assets acquired
11,427.8

 
49.3

 
11,477.1

 
 
 
 
 
 
Liabilities assumed
 
 
 
 
 
Accounts payable
(233.8
)
 

 
(233.8
)
Other current liabilities
(169.4
)
 
20.1

 
(149.3
)
Long-term debt
(2,056.9
)
 

 
(2,056.9
)
Deferred tax liabilities
(604.7
)
 
39.6

 
(565.1
)
Long-term income tax payable
(87.2
)
 
(90.5
)
 
(177.7
)
Other long-term liabilities
(31.3
)
 
(18.5
)
 
(49.8
)
Total liabilities assumed
(3,183.3
)
 
(49.3
)
 
(3,232.6
)
Purchase price allocated
$
8,244.5

 
$

 
$
8,244.5


Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
Purchased Intangible Assets
Weighted Average
 
 
 
Useful Life
 
May 29, 2018
 
(in years)
 
(in millions)
Core and developed technology
15
 
$
4,569.1

In-process research and development
 
847.1

Customer-related
12
 
200.2

Backlog
1
 
12.3

Other
4
 
5.8

Total purchased intangible assets
 
 
$
5,634.5


Schedule of Pro Forma Information The pro-forma results of operations are presented for informational purposes only and are not indicative of the results of operations that would have been achieved if the acquisition had taken place on April 1, 2017 or of results that may occur in the future (in millions except per share data):
 
Year Ended March 31,
 
2019
 
2018
Net sales
$
5,563.7

 
$
5,875.0

Net income (loss)
$
542.0

 
$
(762.3
)
Basic net income (loss) per common share
$
2.29

 
$
(3.27
)
Diluted net income (loss) per common share
$
2.17

 
$
(3.27
)

Atmel Corporation  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The table below represents the allocation of the final purchase price to the net assets acquired based on their estimated fair values, as well as the associated estimated useful lives of the acquired intangible assets (amounts in millions).

Assets acquired
 
 
Cash and cash equivalents
 
$
230.2

Accounts receivable
 
141.4

Inventories
 
335.1

Prepaid expenses and other current assets
 
28.4

Assets held for sale
 
32.0

Property, plant and equipment
 
129.9

Goodwill
 
1,286.4

Purchased intangible assets
 
1,888.4

Long-term deferred tax assets
 
46.7

Other assets
 
7.5

Total assets acquired
 
4,126.0

 
 
 
Liabilities assumed
 
 
Accounts payable
 
(55.7
)
Other current liabilities
 
(121.0
)
Long-term line of credit
 
(192.0
)
Deferred tax liabilities
 
(27.5
)
Long-term income tax payable
 
(115.1
)
Other long-term liabilities
 
(141.7
)
Total liabilities assumed
 
(653.0
)
Purchase price allocated
 
$
3,473.0


Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
Purchased Intangible Assets
Weighted Average
 
 
 
Useful Life
 
April 4, 2016
 
(in years)
 
(in millions)
Core and developed technology
11
 
$
1,075.0

In-process research and development
 
140.7

Customer-related
6
 
630.6

Backlog
1
 
40.3

Other
5
 
1.8

Total purchased intangible assets
 
 
$
1,888.4