Other Financial Statement Details (Tables)

3 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	June 30,		March 31,
	2023		2023
Trade accounts receivable	$	1,460.3	$	1,300.4
Other	13.3		13.5
Total accounts receivable, gross	1,473.6		1,313.9
Less: allowance for expected credit losses	8.6		8.6
Total accounts receivable, net	$	1,465.0	$	1,305.3

Summary of Inventory

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

	June 30,		March 31,
	2023		2023
Raw materials	$	195.0	$	192.6
Work in process	854.7		809.8
Finished goods	286.7		322.5
Total inventories	$	1,336.4	$	1,324.9

Summary of Property, Plant and Equipment

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

	June 30,		March 31,
	2023		2023
Land	$	89.3	$	89.3
Building and building improvements	720.0		716.4
Machinery and equipment	2,715.4		2,669.1
Projects in process	359.9		354.3
Total property, plant and equipment, gross	3,884.6		3,829.1
Less: accumulated depreciation and amortization	2,698.9		2,651.2
Total property, plant and equipment, net	$	1,185.7	$	1,177.9

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	June 30,		March 31,
	2023		2023
Accrued compensation and benefits	$	214.9	$	193.5
Income taxes payable	200.8		106.2
Deferred revenue	151.9		121.4
Sales related reserves	634.7		536.1
Current portion of lease liabilities	31.7		31.5
Accrued expenses and other liabilities	305.6		334.8
Total accrued liabilities	$	1,539.6	$	1,323.5