Share-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Expense

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

	Three Months Ended June 30,
	2021		2020
Cost of sales(1)	$	8.8	$	6.4
Research and development	26.6		20.5
Selling, general and administrative	21.2		15.5
Pre-tax effect of share-based compensation	56.6		42.4
Income tax benefit	12.0		9.1
Net income effect of share-based compensation	$	44.6	$	33.3

(1) During the three months ended June 30, 2021, $5.6 million of share-based compensation expense was capitalized to inventory and $8.8 million of previously capitalized share-based compensation expense in inventory was sold. During the three months ended June 30, 2020, $4.0 million of share-based compensation expense was capitalized to inventory and $6.4 million of previously capitalized share-based compensation expense in inventory was sold.