v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Cash flows provided by (used for) operating activities:      
Net income (loss) $ 904 $ 792 $ 306
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:      
Depreciation and amortization 249 183 162
Deferred income taxes 15 (218) (273)
(Income) loss from equity investments, net (14) 237 20
Share-based compensation cost 1,052 820 1,037
Operating lease expense 59 40 35
Gain on business divestiture (131) 0 0
Other non-cash operating activities, net (8) 8 (2)
Changes in assets and liabilities:      
Accounts receivable, net (including receivables from related parties) (201) (331) 218
Contract assets, net (including contract assets from related parties) (309) (412) (307)
Prepaid expenses and other assets (117) (140) (61)
Accrued compensation and benefits 24 (152) (292)
Contract liabilities (including contract liabilities from related parties) 135 (4) (190)
Tax liabilities (11) (6) (30)
Operating lease liabilities (44) (39) (28)
Other liabilities (including payables to related parties) (79) (381) 495
Net cash provided by (used for) operating activities 1,524 397 1,090
Cash flows provided by (used for) investing activities      
Purchases of short-term investments (1,140) (680) (765)
Proceeds from maturity of short-term investments 1,030 940 425
Purchases of equity investments (11) (57) (32)
Purchases of intangible assets (30) (20) (51)
Proceeds from business divestiture 127 0 0
Proceeds from settlement of loans, including convertible loans 56 0 0
Proceeds from sale or liquidation of equity investments 205 0 0
Purchases of property and equipment (545) (219) (92)
Other investing activities, net, including investments in convertible loans (17) 1 (1)
Net cash provided by (used for) investing activities (325) (35) (516)
Cash flows provided by (used for) financing activities      
Payments of intangible asset obligations (67) (59) (40)
Proceeds from Employee Stock Purchase Plan 74 0 0
Other financing activities, net (26) (23) (10)
Payments of withholding tax on vested shares (529) (120) (158)
Net cash provided by (used for) financing activities (548) (202) (208)
Effect of foreign exchange rate changes on cash and cash equivalents 15 2 3
Net increase (decrease) in cash and cash equivalents 666 162 369
Cash and cash equivalents at the beginning of the period 2,085 1,923 1,554
Cash and cash equivalents at the end of the period 2,751 2,085 1,923
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds (223) (149) (187)
Non-cash investing and financing activities:      
Non-cash additions in property and equipment 29 27 2
Non-cash additions in finance lease right-of-use assets 56 33 13
Non-cash additions in intangible assets 131 51 53
Non-cash additions in operating lease right-of-use assets 98 146 27
Non-cash additions in operating lease liabilities 107 149 27
Non-cash additions to equity investments from conversion of certain receivables 8 5 9
Non-cash distributions to shareholders 0 0 12
Non-cash withholding tax on vested shares 64 8 55
Non-cash reclassification of share-based compensation costs $ 0 $ 0 $ 343