Other Financial Statement Details (Tables)

9 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	December 31,		March 31,
	2021		2021
Trade accounts receivable	$	922.3	$	991.6
Other	13.8		11.3
Total accounts receivable, gross	936.1		1,002.9
Less: allowance for expected credit losses	6.0		5.2
Total accounts receivable, net	$	930.1	$	997.7

Summary of Inventory

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

	December 31,		March 31,
	2021		2021
Raw materials	$	150.5	$	115.7
Work in process	429.9		412.8
Finished goods	187.8		136.5
Total inventories	$	768.2	$	665.0

Summary of Property, Plant and Equipment

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

	December 31,		March 31,
	2021		2021
Land	$	82.5	$	83.2
Building and building improvements	666.7		659.7
Machinery and equipment	2,442.8		2,251.1
Projects in process	117.4		102.7
Total property, plant and equipment, gross	3,309.4		3,096.7
Less: accumulated depreciation and amortization	2,379.5		2,242.0
Total property, plant and equipment, net	$	929.9	$	854.7

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	December 31,		March 31,
	2021		2021
Accrued compensation and benefits	$	203.7	$	166.7
Income taxes payable	80.1		43.4
Sales related reserves	339.1		350.7
Current portion of lease liabilities	35.0		39.8
Accrued expenses and other liabilities	259.5		193.7
Total accrued liabilities	$	917.4	$	794.3