Share-Based Compensation

6 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

The following table presents the details of the Company's share-based compensation expense (in millions):


	Three Months Ended September 30,	Six Months Ended September 30,
		2020		2019		2020		2019
Cost of sales (1)		$	6.0	$	5.2	$	12.4	$	10.1
Research and development		24.5		22.3		45.0		41.8
Selling, general and administrative		19.2		17.8		34.7		34.1

Pre-tax effect of share-based compensation		49.7		45.3		92.1		86.0
Income tax benefit		10.7		9.9		19.8		19.0
Net income effect of share-based compensation		$	39.0	$	35.4	$	72.3	$	67.0

(1) During the three and six months ended September 30, 2020, $3.4 million and $7.4 million, respectively, of share-based compensation expense was capitalized to inventory, and $6.0 million and $12.4 million, respectively, of previously capitalized share-based compensation expense in inventory was sold. During the three and six months ended September 30, 2019, $5.5 million and $10.3 million, respectively, of share-based compensation expense was capitalized to inventory, and $5.2 million and $10.1 million, respectively, of previously capitalized share-based compensation expense in inventory was sold.