Other Financial Statement Details (Tables)

12 Months Ended

Mar. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	March 31,
	2021		2020
Trade accounts receivable	$	991.6	$	924.1
Other	11.3		14.8
Total accounts receivable, gross	1,002.9		938.9
Less: allowance for expected credit losses	5.2		4.9
Total accounts receivable, net	$	997.7	$	934.0

Summary of Inventory

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

	March 31,
	2021		2020
Raw materials	$	115.7	$	92.3
Work in process	412.8		441.7
Finished goods	136.5		151.7
Total inventories	$	665.0	$	685.7

Summary of Property, Plant and Equipment

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

	March 31,
	2021		2020
Land	$	83.2	$	83.4
Building and building improvements	659.7		659.5
Machinery and equipment	2,251.1		2,123.1
Projects in process	102.7		100.1
Total property, plant and equipment, gross	3,096.7		2,966.1
Less: accumulated depreciation and amortization	2,242.0		2,090.0
Total property, plant and equipment, net	$	854.7	$	876.1

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	March 31,
	2021		2020
Accrued compensation and benefits	$	166.7	$	137.5
Income taxes payable	43.4		38.0
Sales related reserves	350.7		353.0
Current portion of lease liabilities	39.8		44.5
Accrued expenses and other liabilities	193.7		208.8
Total accrued liabilities	$	794.3	$	781.8