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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock and Additional Paid-in-Capital
Common Stock Held in Treasury
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Balance, common stock shares issued (in shares) at Mar. 31, 2018     253,200,000          
Beginning balance at Mar. 31, 2018 $ 3,279.8   $ 2,562.7 $ (662.6) $ (17.6)   $ 1,397.3  
Beginning balance (Accounting Standards Update 2016-01) at Mar. 31, 2018           $ (1.7)   $ 1.7
Beginning balance (Accounting Standards Update 2014-09) at Mar. 31, 2018   $ 242.0           242.0
Beginning balance (Accounting Standards Update 2016-16) at Mar. 31, 2018   $ 1,558.1           1,558.1
Balance, common stock held in treasury (in shares) at Mar. 31, 2018       18,200,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 355.9           355.9  
Other comprehensive income (loss) (1.4)       (1.4)      
Non-cash consideration, exchange of employee stock awards - Microsemi acquisition 53.9   $ 53.9          
Proceeds from sales of common stock through employee equity incentive plans (shares)     3,400,000          
Proceeds from sales of common stock through employee equity incentive plans 42.6   $ 42.6          
Restricted stock unit and stock appreciation right withholdings (shares)     (800,000)          
Restricted stock unit and stock appreciation right withholdings (71.8)   $ (71.8)          
Treasury stock used for new issuances (shares)     (2,600,000) (2,600,000)        
Treasury stock used for new issuances     $ (80.4) $ 80.4        
Share-based compensation 172.8   $ 172.8          
Cash dividend (344.4)           (344.4)  
Balance, common stock shares issued (in shares) at Mar. 31, 2019     253,200,000          
Ending balance at Mar. 31, 2019 5,287.5   $ 2,679.8 $ (582.2) (20.7) (1.3) 3,210.6  
Ending balance (Accounting Standards Update 2018-02) at Mar. 31, 2019           $ (1.3)   $ 1.3
Balance, common stock held in treasury (in shares) at Mar. 31, 2019       15,600,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 570.6           570.6  
Other comprehensive income (loss) 0.4       0.4      
Proceeds from sales of common stock through employee equity incentive plans (shares)     3,200,000          
Proceeds from sales of common stock through employee equity incentive plans 58.8   $ 58.8          
Restricted stock unit and stock appreciation right withholdings (shares)     (700,000)          
Restricted stock unit and stock appreciation right withholdings (68.1)   $ (68.1)          
Treasury stock used for new issuances (shares)     (2,500,000) (2,500,000)        
Treasury stock used for new issuances     $ (81.6) $ 81.6        
Shares issued to settle convertible debt (in shares)     5,200,000          
Value of Shares Issued 351.8   $ 351.8          
Settlement of convertible debt (438.1)   (438.1)          
Share-based compensation 172.7   $ 172.7          
Cash dividend $ (350.1)           (350.1)  
Balance, common stock shares issued (in shares) at Mar. 31, 2020 258,391,231   258,400,000          
Ending balance at Mar. 31, 2020 $ 5,585.5   $ 2,675.3 $ (500.6) (21.6)   3,432.4  
Balance, common stock held in treasury (in shares) at Mar. 31, 2020 13,065,588     13,100,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 349.4           349.4  
Other comprehensive income (loss) (4.6)       (4.6)      
Proceeds from sales of common stock through employee equity incentive plans (shares)     2,600,000          
Proceeds from sales of common stock through employee equity incentive plans 60.3   $ 60.3          
Restricted stock unit and stock appreciation right withholdings (shares)     (500,000)          
Restricted stock unit and stock appreciation right withholdings (64.6)   $ (64.6)          
Treasury stock used for new issuances (shares)     (2,100,000) (2,100,000)        
Treasury stock used for new issuances     $ (66.8) $ 66.8        
Shares issued to settle convertible debt (in shares)     26,100,000          
Value of Shares Issued 3,171.1   $ 3,171.1          
Settlement of convertible debt (3,622.1)   (3,622.1)          
Purchase of capped call options (35.8)   (35.8)          
Issuance of 2020 Senior Convertible Debt 87.7   87.7          
Share-based compensation 198.5   $ 198.5          
Cash dividend $ (388.3)           (388.3)  
Balance, common stock shares issued (in shares) at Mar. 31, 2021 284,479,079   284,500,000          
Ending balance at Mar. 31, 2021 $ 5,337.1   $ 2,403.6 $ (433.8) $ (26.2)   $ 3,393.5  
Balance, common stock held in treasury (in shares) at Mar. 31, 2021 10,950,485     11,000,000.0