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Share-Based Compensation (Tables)
 12 Months Ended
Mar. 31, 2022
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):
Fiscal Year Ended March 31,
202220212020
Cost of sales (1)
$34.3 $26.6 $20.9 
Research and development97.9 96.8 82.9 
Selling, general and administrative78.0 74.9 66.4 
Pre-tax effect of share-based compensation210.2 198.3 170.2 
Income tax benefit44.6 42.3 36.9 
Net income effect of share-based compensation$165.6 $156.0 $133.3 
 
(1) During the fiscal year ended March 31, 2022, $21.2 million of share-based compensation expense was capitalized to inventory and $34.3 million of previously capitalized share-based compensation expense in inventory was sold. During the fiscal year ended March 31, 2021, $16.7 million of share-based compensation expense was capitalized to inventory and $26.6 million of previously capitalized share-based compensation expense in inventory was sold. During the fiscal year ended March 31, 2020, $19.8 million of share-based compensation expense was capitalized to inventory and $20.9 million of previously capitalized share-based compensation expense in inventory was sold.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
RSUs and PSUs share activity is set forth below:
Number of
Shares		Weighted Average Grant Date Fair Value
Nonvested shares at March 31, 201912,583,924 $32.41 
Granted4,364,088 $44.09 
Forfeited(681,318)$37.75 
Vested(4,782,588)$28.74 
Nonvested shares at March 31, 202011,484,106 $38.06 
Granted4,678,494 $50.69 
Forfeited(514,110)$41.69 
Vested(3,764,672)$32.07 
Nonvested shares at March 31, 202111,883,818 $44.77 
Granted2,995,991 $74.36 
Forfeited(978,325)$51.17 
Vested(3,795,469)$43.77 
Nonvested shares at March 31, 202210,106,015 $53.30 
Schedule of Share-based Compensation, Stock Options, Activity
Stock option and SARs activity under the Company's stock incentive plans in the three years ended March 31, 2022 is set forth below:
Number of
Shares		Weighted Average Exercise Price per Share
Outstanding at March 31, 2019563,764 $15.08 
Exercised(260,838)$14.36 
Forfeited or expired(4,906)$10.01 
Outstanding at March 31, 2020298,020 $15.80 
Exercised(155,768)$15.74 
Forfeited or expired(1,258)$9.74 
Outstanding at March 31, 2021140,994 $15.91 
Exercised(39,874)$13.96 
Forfeited or expired(1,788)$17.82 
Outstanding at March 31, 202299,332 $16.65