Intangible Assets, net (Tables)

3 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

A reconciliation of the activity affecting intangible assets, net is as follows:


(In thousands)	Indefinite- Lived Trademarks		Finite-Lived Trademarks and Customer Relationships		Totals
Gross Carrying Amounts
Balance — March 31, 2026	$	2,143,675	$	450,130	$	2,593,805

Additions (a)	691,400		256,970		948,370


Effects of foreign currency exchange rates	249		74		323
Balance — June 30, 2026	$	2,835,324	$	707,174	$	3,542,498

Accumulated Amortization
Balance — March 31, 2026	$	—	$	294,200	$	294,200

Additions	—		4,926		4,926

Effects of foreign currency exchange rates	—		14		14
Balance — June 30, 2026	$	—	$	299,140	$	299,140

Intangible assets, net - June 30, 2026	$	2,835,324	$	408,034	$	3,243,358

(a) On June 12, 2026, we completed the acquisition of the OTC Wellness Business. In connection with this acquisition, we allocated $948.4 million to intangible assets. See Note 2., Acquisitions.

Schedule of Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense

Finite-lived intangible assets are expected to be amortized over their estimated useful life, which ranges from a period of 10 to 24 years, and the estimated amortization expense for each of the five succeeding years and the periods thereafter is as follows:


(In thousands)
Year Ending March 31,	Amount
2027 (remaining nine months ended March 31, 2027)	$	22,596
2028	27,958
2029	27,945
2030	27,806
2031	27,776
Thereafter	273,953
	$	408,034