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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Mar. 31, 2019
Cash flows from operating activities:      
Net income $ 50,700,000 $ 35,700,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 307,100,000 172,800,000  
Deferred income taxes (16,800,000) 87,200,000  
Share-based compensation expense related to equity incentive plans 40,700,000 45,300,000  
Loss on settlement of debt 1,900,000 0  
Amortization of debt discount 29,900,000 27,700,000  
Amortization of debt issuance costs 4,200,000 2,800,000  
Losses on equity method investments 0 100,000  
Impairment of intangible assets 500,000 2,000,000.0  
(Gains) losses on available-for-sale investments and marketable equity securities, net (800,000) 5,200,000  
Amortization of premium on available-for-sale investments 0 (200,000)  
Other non-cash adjustment (100,000) (100,000)  
Changes in operating assets and liabilities, excluding impact of acquisitions:      
Increase in accounts receivable (56,200,000) (55,200,000)  
(Increase) decrease in inventories (20,500,000) 83,800,000  
Increase (decrease) in accounts payable and accrued liabilities 49,700,000 (2,200,000)  
Change in other assets and liabilities 14,400,000 (88,600,000)  
Change in income tax payable (24,100,000) (13,900,000)  
Net cash provided by operating activities 380,600,000 302,400,000  
Cash flows from investing activities:      
Purchases of available-for-sale investments 0 (167,700,000)  
Maturities of available-for-sale investments 0 66,700,000  
Sales of available-for-sale investments 0 1,376,600,000 $ 1,380,000,000
Acquisition of Microsemi, net of cash acquired 0 (7,851,200,000)  
Investments in other assets (2,600,000) (1,600,000)  
Proceeds from sale of assets 200,000 100,000  
Capital expenditures (23,900,000) (89,400,000)  
Net cash used in investing activities (26,300,000) (6,666,500,000)  
Cash flows from financing activities:      
Proceeds from issuance of 2023 and 2021 Senior Notes 0 1,989,500,000  
Repayment of debt assumed in Microsemi acquisition 0 (2,056,900,000)  
Deferred financing costs 0 (72,600,000)  
Payment of cash dividends (87,100,000) (85,500,000)  
Proceeds from sale of common stock 7,300,000 6,400,000  
Tax payments related to shares withheld for vested restricted stock units (11,400,000) (16,800,000)  
Capital lease payments (200,000) (100,000)  
Net cash (used in) provided by financing activities (348,900,000) 6,098,000,000.0  
Net increase (decrease) in cash and cash equivalents 5,400,000 (266,100,000)  
Cash and cash equivalents, and restricted cash at beginning of period [1] 428,600,000 901,300,000 901,300,000
Cash and cash equivalents, and restricted cash at end of period [1] 434,000,000.0 635,200,000 428,600,000
Restricted cash 38,800,000   38,400,000
Supplemental Cash Flow Information [Abstract]      
Right-of-use assets obtained in exchange of lease liabilities 0    
Operating lease payments in operating cash flows (14,800,000)    
Term Loan Facility      
Cash flows from financing activities:      
Proceeds from borrowings under credit facility 0 3,000,000,000.0 $ 500,000,000.0
Repayments of credit facility (188,000,000.0) 0  
Revolving Credit Facility      
Cash flows from financing activities:      
Proceeds from borrowings under credit facility 204,000,000.0 3,485,500,000  
Repayments of credit facility $ (273,500,000) $ (151,500,000)  
[1] Schedule of 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):

 
June 30,
 
March 31,
 
2019
 
2019
Restricted cash
$
38.8

 
$
38.4