v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 711 $ 885
Accounts receivable, net 2,286 2,271
Prepaid expenses and other current assets 138 157
Total current assets 3,135 3,313
Property and equipment, net of accumulated depreciation 171 177
Operating lease right-of-use assets 165 178
Intangible assets, net of accumulated amortization 549 563
Goodwill 2,405 2,405
Deferred tax assets 334 332
Other long-term assets 411 344
Total assets 7,170 7,312
Current liabilities:    
Current portion of long-term debt 83 83
Accounts payable and other accrued expenses 949 987
Accrued compensation and benefits 656 702
Operating lease liabilities 42 41
Other current liabilities 30 33
Total current liabilities 1,760 1,846
Long-term debt, net of current portion 3,896 3,915
Operating lease liabilities, net of current portion 164 180
Other long-term liabilities 285 368
Total liabilities 6,105 6,309
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Common stock, Class A - $0.01 par value - authorized: 600,000,000 shares; issued: 168,850,097 and 168,522,544 shares at June 30, 2025 and March 31, 2025, respectively; outstanding: 123,708,985 and 124,879,004 shares at June 30, 2025 and March 31, 2025, respectively 2 2
Treasury stock, at cost - 45,141,112 and 43,643,540 shares at June 30, 2025 and March 31, 2025 (3,249) (3,082)
Additional paid-in capital 1,071 1,042
Retained earnings 3,271 3,070
Accumulated other comprehensive income (30) (29)
Total stockholders’ equity 1,065 1,003
Total liabilities and stockholders’ equity $ 7,170 $ 7,312