Other Financial Statement Details (Tables)

9 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	December 31,		March 31,
	2020		2020
Trade accounts receivable	$	887.9	$	924.1
Other	11.1		14.8
Total accounts receivable, gross	899.0		938.9
Less allowance for expected credit losses	5.2		4.9
Total accounts receivable, net	$	893.8	$	934.0

Summary of Inventory

The components of inventories consist of the following (in millions):

	December 31,		March 31,
	2020		2020
Raw materials	$	112.8	$	92.3
Work in process	413.6		441.7
Finished goods	139.7		151.7
Total inventories	$	666.1	$	685.7

Summary of Property, Plant and Equipment

Property, plant and equipment consists of the following (in millions):

	December 31,		March 31,
	2020		2020
Land	$	79.9	$	83.4
Building and building improvements	643.7		659.5
Machinery and equipment	2,190.6		2,123.1
Projects in process	124.2		100.1
Total property, plant and equipment, gross	3,038.4		2,966.1
Less accumulated depreciation and amortization	2,211.0		2,090.0
Total property, plant and equipment, net	$	827.4	$	876.1

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	December 31,		March 31,
	2020		2020
Accrued compensation and benefits	$	166.6	$	137.5
Income taxes payable	12.8		38.0
Sales related reserves	332.2		353.0
Current portion of lease liabilities	40.2		44.5
Accrued expenses and other liabilities	217.4		208.8
Total accrued liabilities	$	769.2	$	781.8