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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Sep. 30, 2018
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Mar. 31, 2019
Cash flows from operating activities:              
Net income $ 108,900,000 $ 50,700,000 $ 96,300,000 $ 35,700,000 $ 159,600,000 $ 132,000,000.0  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         604,700,000 393,800,000  
Deferred income taxes         (110,900,000) (71,600,000)  
Share-based compensation expense related to equity incentive plans         86,000,000.0 87,900,000  
Loss on settlement of debt 100,000   4,100,000   2,000,000.0 4,100,000  
Amortization of debt discount         60,200,000 56,300,000  
Amortization of debt issuance costs         8,500,000 7,500,000  
Losses on equity method investments 0   100,000   0 100,000  
Impairment of intangible assets 0   1,200,000   500,000 3,100,000  
(Gains) losses on available-for-sale investments and marketable equity securities, net         (1,000,000.0) 6,200,000  
Amortization of premium on available-for-sale investments         0 (200,000)  
Changes in operating assets and liabilities, excluding impact of acquisitions:              
Decrease in accounts receivable         32,100,000 65,400,000  
(Increase) decrease in inventories         (20,200,000) 261,500,000  
Decrease in accounts payable and accrued liabilities         (8,400,000) (37,800,000)  
Change in other assets and liabilities         (900,000) (25,100,000)  
Change in income tax payable         (35,600,000) (93,300,000)  
Net cash provided by operating activities         776,600,000 789,900,000  
Cash flows from investing activities:              
Purchases of available-for-sale investments         0 (167,700,000)  
Maturities of available-for-sale investments         0 75,900,000  
Sales of available-for-sale investments         0 1,376,600,000 $ 1,380,000,000
Acquisition of Microsemi, net of cash acquired         0 (7,850,600,000)  
Investments in other assets         (13,600,000) (8,900,000)  
Proceeds from sale of assets         500,000 100,000  
Capital expenditures         (41,600,000) (161,400,000)  
Net cash used in investing activities         (54,700,000) (6,736,000,000.0)  
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         (1,800,000) (72,700,000)  
Payment of cash dividends         (174,400,000) (171,400,000)  
Proceeds from sale of common stock         27,500,000 20,300,000  
Tax payments related to shares withheld for vested restricted stock units         (26,600,000) (36,900,000)  
Capital lease payments         (400,000) (400,000)  
Net cash (used in) provided by financing activities         (748,700,000) 5,504,500,000  
Net decrease in cash and cash equivalents         (26,800,000) (441,600,000)  
Cash and cash equivalents, and restricted cash at beginning of period [1]   $ 428,600,000   $ 901,300,000 428,600,000 901,300,000 901,300,000
Cash and cash equivalents, and restricted cash at end of period 401,800,000   $ 459,700,000   401,800,000 459,700,000 428,600,000 [1]
Non-cash activities:              
Right-of-use assets obtained in exchange of lease liabilities         17,300,000    
Cash paid for:              
Operating lease payments in operating cash flows         13,100,000    
Restricted Cash $ 37,300,000       37,300,000   $ 38,400,000
Term Loan Facility              
Cash flows from financing activities:              
Proceeds from borrowings under credit facility         0 3,000,000,000.0  
Repayments of credit facility         (188,000,000.0) (267,000,000.0)  
Revolving Credit Facility              
Cash flows from financing activities:              
Proceeds from borrowings under credit facility         427,000,000.0 3,632,500,000  
Repayments of credit facility         $ (812,000,000.0) $ (532,500,000)  
[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):

 
September 30,
 
March 31,
 
2019
 
2019
Restricted cash
$
37.3

 
$
38.4