v3.26.1
Stock-based Compensation (Tables)
12 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense Recognized in the Condensed Consolidated Statements of Operations
The following table summarizes stock-based compensation expense recognized in the consolidated statements of operations: 
 Fiscal Year Ended March 31,
 202620252024
Cost of revenue$27 $35 $44 
General and administrative expenses42 59 51 
Total (1)
$69 $94 $95 
(1) Tax benefits recognized from stock-based compensation were $12 million, $22 million, and $31 million for fiscal 2026, 2025, and 2024, respectively.
Schedule of Unvested Restricted Stock Activity
The following table summarizes unvested restricted stock activity for the periods presented:
Number of
Shares
Weighted
Average Grant Date
Fair Value
Unvested Restricted Stock Awards
Unvested at March 31, 2025
1,003,794 $120.89 
Granted860,646 104.11 
Vested735,591 106.04 
Forfeited168,292 121.39 
Unvested at March 31, 2026 (1)
960,557 $117.14 
(1) Unvested restricted stock includes 0.2 million shares of performance-based awards that completed the three-year performance period but remained unsettled at March 31, 2026, subject to the certification of final performance by the Compensation, Culture and People Committee of the Board of Directors.