v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]      
Net sales $ 4,713.1 $ 4,401.6 $ 7,634.4
Cost of sales 1,992.0 1,933.7 2,638.7
Gross profit 2,721.1 2,467.9 4,995.7
Research and development 1,085.9 983.8 1,097.4
Selling, general and administrative 674.3 617.7 734.2
Amortization of acquired intangible assets 431.1 490.9 605.4
Special charges (income) and other, net 39.7 79.2 (12.3)
Operating expenses 2,231.0 2,171.6 2,424.7
Operating income 490.1 296.3 2,571.0
Interest income 11.4 9.2 7.6
Interest expense (221.3) (259.2) (198.3)
Loss on settlement of debt 0.0 (1.7) (12.2)
Other loss, net (6.7) (5.7) (2.2)
Income before income taxes 273.5 38.9 2,365.9
Income tax provision 43.5 39.4 459.0
Net income (loss) 230.0 (0.5) 1,906.9
Dividends on Series A Preferred Stock (111.2) (2.2) 0.0
Net income (loss) attributable to common stockholders $ 118.8 $ (2.7) $ 1,906.9
Basic net income (loss) per common share (in dollars per share) $ 0.22 $ (0.01) $ 3.52
Diluted net income (loss) per common share (in dollars per share) 0.22 (0.01) 3.48
Dividends declared per common share (in dollars per share) $ 1.820 $ 1.816 $ 1.682
Basic common shares outstanding (in shares) 540.4 537.3 542.0
Diluted common shares outstanding (in shares) 545.2 537.3 548.0