The following table presents a reconciliation of basic and diluted earnings per share computations for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended March 31, | | (in millions, except per share amounts) | | 2026 | | 2025 | | 2024 | | Numerator: | | | | | | | | Income (loss) attributable to ordinary shareholders — basic and diluted | | | | | | | | Net income (loss) | | $ | 904 | | | $ | 792 | | | $ | 306 | | | Denominator: | | | | | | | Weighted average ordinary shares used to calculate income (loss) per share — basic (1) | | 1,061 | | 1,050 | | 1,027 | | Equity-classified share-based awards | | 7 | | 13 | | 17 | | Weighted average ordinary shares used to calculate income (loss) per share — diluted | | 1,068 | | 1,063 | | 1,044 | | Income (loss) per share attributable to ordinary shareholders — basic | | | | | | | | Net income (loss) per ordinary share - basic | | $ | 0.85 | | | $ | 0.75 | | | $ | 0.30 | | | Income (loss) per share attributable to ordinary shareholders — diluted | | | | | | | | Net income (loss) per ordinary share - diluted | | $ | 0.85 | | | $ | 0.75 | | | $ | 0.29 | | | Securities excluded from diluted net income (loss) per ordinary share because their effect would have been anti-dilutive: | | | | | | | Restricted share units | | 2 | | | — | | | — | | | Employee Stock Purchase Plan | | 1 | | | — | | | — | | | Total | | 3 | | | — | | | — | |
(1) For the fiscal year ended March 31, 2025, includes weighted average ordinary shares for vested securities without restrictions that were not issued and outstanding as of the end of the reporting period.
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