v3.26.1
Share-Based Compensation
3 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
 
The following table presents the details of the Company's share-based compensation expense (in millions):
Three Months Ended June 30,
20262025
Cost of sales(1)
$8.7 $7.7 
Research and development41.1 29.1 
Selling, general and administrative25.2 16.1 
Pre-tax effect of share-based compensation75.0 52.9 
Income tax benefit15.5 10.9 
Net income effect of share-based compensation$59.5 $42.0 
(1) During the three months ended June 30, 2026, $6.5 million of share-based compensation expense was capitalized to inventory and $8.7 million of previously capitalized share-based compensation expense in inventory was sold. During the three months ended June 30, 2025, $3.6 million of share-based compensation expense was capitalized to inventory and $7.7 million of previously capitalized share-based compensation expense in inventory was sold.