Share-Based Compensation

6 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

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


	Three Months Ended September 30,	Six Months Ended September 30,
		2022		2021		2022		2021
Cost of sales(1)		$	6.5	$	9.1	$	14.2	$	17.9
Research and development		19.8		26.1		39.9		52.7
Selling, general and administrative		15.0		20.5		28.4		41.7

Pre-tax effect of share-based compensation		41.3		55.7		82.5		112.3
Income tax benefit		8.8		11.8		17.6		23.8
Net income effect of share-based compensation		$	32.5	$	43.9	$	64.9	$	88.5

(1) During the three and six months ended September 30, 2022, $4.7 million and $9.5 million, respectively, of share-based compensation expense was capitalized to inventory and $6.5 million and $14.2 million, respectively, of previously capitalized share-based compensation expense in inventory was sold. During the three and six months ended September 30, 2021, $5.5 million and $11.1 million, respectively, of share-based compensation expense was capitalized to inventory and $9.1 million and $17.9 million, respectively, of previously capitalized share-based compensation expense in inventory was sold.