Other Financial Statement Details (Tables)

12 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Accounts Receivable

Accounts receivable consists of the following (in millions):

	March 31,
	2024		2023
Trade accounts receivable	$	1,141.7	$	1,300.4
Other	10.1		13.5
Total accounts receivable, gross	1,151.8		1,313.9
Less: allowance for expected credit losses	8.1		8.6
Total accounts receivable, net	$	1,143.7	$	1,305.3

Summary of Inventory

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

	March 31,
	2024		2023
Raw materials	$	184.0	$	192.6
Work in process	797.5		809.8
Finished goods	334.5		322.5
Total inventories	$	1,316.0	$	1,324.9

Summary of Property, Plant and Equipment

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

	March 31,
	2024		2023
Land	$	89.3	$	89.3
Building and building improvements	796.3		716.4
Machinery and equipment	2,778.1		2,669.1
Projects in process	349.6		354.3
Total property, plant and equipment, gross	4,013.3		3,829.1
Less: accumulated depreciation and amortization	2,818.7		2,651.2
Total property, plant and equipment, net	$	1,194.6	$	1,177.9

Summary of Accrued Liabilities

Accrued liabilities consists of the following (in millions):

	March 31,
	2024		2023
Accrued compensation and benefits	$	117.8	$	193.5
Income taxes payable	90.8		106.2
Deferred revenue	261.8		121.4
Sales related reserves	580.6		536.1
Current portion of lease liabilities	32.6		31.5
Accrued expenses and other liabilities	223.4		334.8
Total accrued liabilities	$	1,307.0	$	1,323.5