v3.24.1.1.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 754.0 $ 827.4
Short-term investments 22.0 187.0
Restricted cash and cash equivalents 252.1 307.6
Accounts receivable, net of allowances of $1.2 and $1.3 at March 31, 2024 and 2023, respectively 679.7 763.2
Software development costs and licenses 88.3 65.9
Contract assets 85.0 79.9
Prepaid expenses and other 378.6 277.1
Total current assets 2,259.7 2,508.1
Fixed assets, net 411.1 402.8
Right-of-use assets 325.7 282.7
Software development costs and licenses, net of current portion 1,446.5 1,072.2
Goodwill 4,426.4 6,767.1
Other intangibles, net 3,060.6 4,453.2
Deferred tax assets 1.9 44.8
Long-term restricted cash and cash equivalents 95.9 99.6
Other assets 189.1 231.6
Total assets 12,216.9 15,862.1
Current liabilities:    
Accounts payable 195.9 140.1
Accrued expenses and other current liabilities 1,062.6 1,225.7
Deferred revenue 1,059.5 1,078.8
Lease liabilities 63.8 60.2
Short-term debt, net 24.6 1,346.8
Total current liabilities 2,406.4 3,851.6
Long-term debt, net 3,058.3 1,733.0
Non-current deferred revenue 42.9 35.5
Non-current lease liabilities 387.3 347.0
Non-current software development royalties 102.1 110.2
Deferred tax liabilities, net 340.9 534.0
Other long-term liabilities 211.1 208.3
Total liabilities 6,549.0 6,819.6
Commitments and contingencies (See Note 14)
Stockholders' equity:    
Preferred stock, $0.01 par value, 5.0 shares authorized: no shares issued and outstanding at March 31, 2024 and 2023 0.0 0.0
Common stock, $0.01 par value, 300.0 and 300.0 shares authorized; 194.5 and 192.6 shares issued and 170.8 and 168.9 outstanding at March 31, 2024 and 2023, respectively 1.9 1.9
Additional paid-in capital 9,371.6 9,010.2
Treasury stock, at cost; 23.7 and 23.7 common shares at March 31, 2024 and 2023, respectively (1,020.6) (1,020.6)
(Accumulated Deficit) / Retained earnings (2,579.9) 1,164.3
Accumulated other comprehensive loss (105.1) (113.3)
Total stockholders' equity 5,667.9 9,042.5
Total liabilities and stockholders' equity $ 12,216.9 $ 15,862.1