Other Financial Statement Details (Tables)

9 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	December 31,		March 31,
	2023		2023
Trade accounts receivable	$	1,392.6	$	1,300.4
Other	13.5		13.5
Total accounts receivable, gross	1,406.1		1,313.9
Less: allowance for expected credit losses	8.0		8.6
Total accounts receivable, net	$	1,398.1	$	1,305.3

Summary of Inventory

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

	December 31,		March 31,
	2023		2023
Raw materials	$	188.6	$	192.6
Work in process	799.6		809.8
Finished goods	322.9		322.5
Total inventories	$	1,311.1	$	1,324.9

Summary of Property, Plant and Equipment

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

	December 31,		March 31,
	2023		2023
Land	$	89.3	$	89.3
Building and building improvements	760.6		716.4
Machinery and equipment	2,760.4		2,669.1
Projects in process	377.3		354.3
Total property, plant and equipment, gross	3,987.6		3,829.1
Less: accumulated depreciation and amortization	2,779.3		2,651.2
Total property, plant and equipment, net	$	1,208.3	$	1,177.9

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	December 31,		March 31,
	2023		2023
Accrued compensation and benefits	$	161.1	$	193.5
Income taxes payable	65.1		106.2
Deferred revenue	203.2		121.4
Sales related reserves	677.3		536.1
Current portion of lease liabilities	32.2		31.5
Accrued expenses and other liabilities	250.0		334.8
Total accrued liabilities	$	1,388.9	$	1,323.5