Other Financial Statement Details (Tables)

3 Months Ended

Jun. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	June 30,		March 31,
	2021		2021
Trade accounts receivable	$	994.1	$	991.6
Other	11.6		11.3
Total accounts receivable, gross	1,005.7		1,002.9
Less: allowance for expected credit losses	5.0		5.2
Total accounts receivable, net	$	1,000.7	$	997.7

Summary of Inventory

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

	June 30,		March 31,
	2021		2021
Raw materials	$	129.1	$	115.7
Work in process	410.3		412.8
Finished goods	144.4		136.5
Total inventories	$	683.8	$	665.0

Summary of Property, Plant and Equipment

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

	June 30,		March 31,
	2021		2021
Land	$	83.2	$	83.2
Building and building improvements	661.6		659.7
Machinery and equipment	2,313.7		2,251.1
Projects in process	123.0		102.7
Total property, plant and equipment, gross	3,181.5		3,096.7
Less: accumulated depreciation and amortization	2,289.3		2,242.0
Total property, plant and equipment, net	$	892.2	$	854.7

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	June 30,		March 31,
	2021		2021
Accrued compensation and benefits	$	177.6	$	166.7
Income taxes payable	50.9		43.4
Sales related reserves	321.6		350.7
Current portion of lease liabilities	38.0		39.8
Accrued expenses and other liabilities	216.6		193.7
Total accrued liabilities	$	804.7	$	794.3