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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Mar. 31, 2019
Cash flows from operating activities:              
Net income $ 311,100,000 $ 50,700,000 $ 49,200,000 $ 35,700,000 $ 470,700,000 $ 181,200,000  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         904,700,000 637,700,000  
Deferred income taxes         (404,200,000) (29,100,000)  
Share-based compensation expense related to equity incentive plans         129,500,000 127,500,000  
Loss on settlement of debt 0   200,000   2,000,000.0 4,300,000  
Amortization of debt discount         90,900,000 85,200,000  
Amortization of debt issuance costs         12,800,000 12,100,000  
Losses on equity method investments 0   100,000   0 200,000  
Losses on sale of assets         400,000 0  
Losses on write-down of fixed assets         2,700,000 500,000  
Impairment of intangible assets 0   0   500,000 3,100,000  
(Gains) losses on available-for-sale investments and marketable equity securities, net         (1,000,000.0) 6,800,000  
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         73,200,000 189,400,000  
Decrease in inventories         5,600,000 344,500,000  
Decrease in accounts payable and accrued liabilities         (53,300,000) (143,500,000)  
Change in other assets and liabilities         (3,900,000) 15,200,000  
Change in income tax payable         (58,500,000) (163,500,000)  
Net cash provided by operating activities         1,172,100,000 1,271,400,000  
Cash flows from investing activities:              
Purchases of available-for-sale investments         (2,000,000.0) (167,700,000)  
Maturities of available-for-sale investments         0 75,700,000  
Sales of available-for-sale investments         0 1,376,600,000  
Acquisition of Microsemi, net of cash acquired         0 (7,850,600,000)  
Investments in other assets         (40,500,000) (12,800,000)  
Proceeds from sale of assets         500,000 200,000  
Capital expenditures         (55,700,000) (188,800,000)  
Net cash used in investing activities         (97,700,000) (6,767,400,000)  
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         (1,800,000) (72,700,000)  
Payment of cash dividends         (262,100,000) (257,800,000)  
Proceeds from sale of common stock         38,800,000 26,900,000  
Tax payments related to shares withheld for vested restricted stock units         (50,200,000) (57,000,000.0)  
Capital lease payments         (600,000) (600,000)  
Net cash (used in) provided by financing activities         (1,105,900,000) 5,026,900,000  
Net decrease in cash and cash equivalents         (31,500,000) (469,100,000)  
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 [1] 397,100,000   $ 432,200,000   397,100,000 432,200,000 428,600,000
Non-cash activities:              
Right-of-use assets obtained in exchange of lease liabilities         25,100,000 0  
Cash paid for:              
Operating lease payments in operating cash flows         39,300,000 0  
Restricted Cash $ 0       0   $ 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) (287,000,000.0)  
Revolving Credit Facility              
Cash flows from financing activities:              
Proceeds from borrowings under credit facility         682,000,000.0 3,725,500,000  
Repayments of credit facility         $ (1,324,000,000.0) $ (983,000,000.0)  
[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):

 
December 31,
 
March 31,
 
2019
 
2019
Restricted cash
$

 
$
38.4