v3.26.1
Leases (Tables)
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Lease, Cost
The components of lease expenses for the fiscal years ended March 31, 2026, 2025, and 2024 are as follows (in millions):
Year Ended March 31,
202620252024
Operating lease costs$69 $121 $80 
Variable lease costs31 32 31 
Total lease expense$100 $153 $111 
Supplemental cash and noncash information related to our operating leases for the fiscal years ended March 31, 2026, 2025, and 2024 are as follows (in millions):
Year Ended March 31,
202620252024
Cash paid for amounts included in the measurement of lease liability$81 $87 $74 
ROU assets obtained in exchange for new lease obligations$96 $97 $37 
Weighted average remaining lease term and discount rate at March 31, 2026 and 2025 are as follows:
At March 31, 2026
At March 31, 2025
Lease term7.3 years7.1 years
Discount rate4.4 %4.0 %
AssetsandLiabilitiesLesseeTableTextBlock
Operating lease ROU assets and liabilities recorded on our Consolidated Balance Sheets as of March 31, 2026 and 2025 are as follows (in millions):
As of March 31,Balance Sheet Classification

20262025
Operating lease ROU assets$283 $237 Other assets


Operating lease liabilities$63 $67 Accounts payable, accrued, and other current liabilities
Noncurrent operating lease liabilities306 267 Other liabilities
Total operating lease liabilities$369 

$334 
Lessee, Operating Lease, Liability, Maturity
Future minimum lease payments under operating leases as of March 31, 2026 were as follows (in millions):
Fiscal Years Ending March 31,

2027

$76 
2028

71 
2029

52 
2030

37 
2031

45 
Thereafter

153 
Total future lease payments

434 
Less imputed interest

(65)
Total operating lease liabilities

$369