SHORT-TERM INVESTMENTS

12 Months Ended

Mar. 31, 2023

Investments, Debt and Equity Securities [Abstract]

SHORT-TERM INVESTMENTS

SHORT-TERM INVESTMENTS

    Our short-term investments consisted of the following as of March 31, 2023:

	March 31, 2023
	Cost or Amortized Cost		Gross Unrealized
			Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	41.8	$	—	$	—	$	41.8
Available-for-sale securities:
Corporate bonds	147.2		—		(2.0)		145.2
Total Short-term investments	$	189.0	$	—	$	(2.0)	$	187.0

	March 31, 2022
	Cost or Amortized Cost		Gross Unrealized
			Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	131.8	$	—	$	—	$	131.8
Available-for-sale securities:
Corporate bonds	544.3		—		(5.8)		538.5
US Treasuries	23.4		—		—		23.4
Certificates of Deposit	1.0		—		—		1.0
Commercial Paper	125.4		—		—		125.4
Total Short-term investments	$	825.9	$	—	$	(5.8)	$	820.1

    The following table summarizes the contracted maturities of our short-term investments at March 31, 2023:

	March 31, 2023
	Amortized Cost		Fair Value
Short-term investments
Due in 1 year or less	$	189.0	$	187.0
Due in 1-2 years	—		—
Total Short-term investments	$	189.0	$	187.0