Other Financial Statement Details (Tables)

3 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	June 30,		March 31,
	2022		2022
Trade accounts receivable	$	1,136.5	$	1,069.5
Other	15.4		9.3
Total accounts receivable, gross	1,151.9		1,078.8
Less: allowance for expected credit losses	6.9		6.2
Total accounts receivable, net	$	1,145.0	$	1,072.6

Summary of Inventory

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

	June 30,		March 31,
	2022		2022
Raw materials	$	179.2	$	163.0
Work in process	551.8		482.8
Finished goods	180.8		208.6
Total inventories	$	911.8	$	854.4

Summary of Property, Plant and Equipment

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

	June 30,		March 31,
	2022		2022
Land	$	88.2	$	88.2
Building and building improvements	678.0		674.4
Machinery and equipment	2,498.0		2,471.6
Projects in process	233.4		182.4
Total property, plant and equipment, gross	3,497.6		3,416.6
Less: accumulated depreciation and amortization	2,502.7		2,448.7
Total property, plant and equipment, net	$	994.9	$	967.9

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	June 30,		March 31,
	2022		2022
Accrued compensation and benefits	$	224.0	$	213.7
Income taxes payable	93.7		121.5
Sales related reserves	485.0		408.1
Current portion of lease liabilities	32.7		33.8
Accrued expenses and other liabilities	345.3		277.2
Total accrued liabilities	$	1,180.7	$	1,054.3