Share-Based Compensation (Tables)

9 Months Ended

Dec. 31, 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 December 31,				Nine Months Ended December 31,
	2021		2020		2021		2020
Cost of sales(1)	$	8.4	$	6.4	$	26.3	$	18.8
Research and development	23.4		25.0		76.1		70.0
Selling, general and administrative	19.1		19.8		60.8		54.5
Pre-tax effect of share-based compensation	50.9		51.2		163.2		143.3
Income tax benefit	10.8		10.7		34.6		30.5
Net income effect of share-based compensation	$	40.1	$	40.5	$	128.6	$	112.8

(1) During the three and nine months ended December 31, 2021, $5.3 million and $16.4 million, respectively, of share-based compensation expense was capitalized to inventory and $8.4 million and $26.3 million, respectively, of previously capitalized share-based compensation expense in inventory was sold. During the three and nine months ended December 31, 2020, $4.5 million and $11.9 million, respectively, of share-based compensation expense was capitalized to inventory and $6.4 million and $18.8 million, respectively, of previously capitalized share-based compensation expense in inventory was sold.