v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,545.5 $ 1,456.1
Short-term investments 443.8 9.4
Restricted cash and cash equivalents 13.2 14.9
Accounts receivable, net of allowances of $0.9 and $1.6 at March 31, 2026 and 2025, respectively 737.0 771.1
Software development costs and licenses 68.8 80.8
Contract assets 89.7 80.8
Prepaid expenses and other 301.5 402.8
Total current assets 3,199.5 2,815.9
Fixed assets, net 445.4 443.8
Right-of-use assets 334.6 326.1
Software development costs and licenses, net of current portion 2,277.5 1,892.6
Goodwill 1,061.9 1,057.3
Other intangibles, net 1,653.2 2,336.0
Long-term restricted cash and cash equivalents 79.4 88.2
Other assets 331.7 220.8
Total assets 9,383.2 9,180.7
Current liabilities:    
Accounts payable 211.0 194.7
Accrued expenses and other current liabilities 1,117.8 1,127.6
Deferred revenue 1,159.9 1,083.5
Lease liabilities 70.1 61.5
Short-term debt, net 30.0 1,148.5
Total current liabilities 2,588.8 3,615.8
Long-term debt, net 2,488.0 2,512.6
Non-current deferred revenue 29.7 25.4
Non-current lease liabilities 370.2 383.3
Non-current software development royalties 84.5 93.6
Deferred tax liabilities, net 182.3 259.6
Other long-term liabilities 128.8 152.7
Total liabilities 5,872.3 7,043.0
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, 2026 and 2025 0.0 0.0
Common stock, $0.01 par value, 300000000 and 300.0 shares authorized; 209100000 and 200.8 shares issued and 185400000 and 177100000 outstanding at March 31, 2026 and 2025, respectively 2.1 2.0
Additional paid-in capital 11,953.7 10,312.0
Treasury stock, at cost; 23700000 and 23.7 common shares at March 31, 2026 and 2025, respectively (1,020.6) (1,020.6)
Accumulated deficit (7,357.0) (7,058.8)
Accumulated other comprehensive loss (67.3) (96.9)
Total stockholders' equity 3,510.9 2,137.7
Total liabilities and stockholders' equity $ 9,383.2 $ 9,180.7