v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net income $ 379 $ 446
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 96 81
Noncash lease expense 22 25
Stock-based compensation expense 44 36
Net gains on investments, dispositions, and other (28) (4)
Changes in operating assets and liabilities:    
Accounts receivable, net (46) 54
Deferred income taxes and income taxes receivable/payable 35 78
Prepaid expenses and other current and long-term assets (58) (77)
Accrued compensation and benefits 14 (13)
Accounts payable and other accrued expenses 111 23
Other current and long-term liabilities 6 (109)
Net cash provided by operating activities 575 540
Cash flows from investing activities    
Purchases of property, equipment, and software (51) (49)
Payments for business acquisitions and dispositions, net of cash acquired (934) 0
Payments for strategic investments (155) (12)
Net cash used in investing activities (1,140) (61)
Cash flows from financing activities    
Proceeds from issuance of common stock 20 27
Repurchases of common stock (170) (395)
Cash dividends paid (145) (138)
Repayments on term loan (724) (42)
Net proceeds from debt issuance 1,190 0
Net cash provided by (used in) financing activities 171 (548)
Net decrease in cash and cash equivalents (394) (69)
Cash and cash equivalents––beginning of period 728 885
Cash and cash equivalents––end of period 334 816
Net cash payments during the period for:    
Interest 94 87
Income taxes 14 41
Supplemental disclosures of non-cash investing and financing activities:    
Share repurchases transacted but not settled and paid 6 3
Unpaid property, equipment, and software purchases $ 26 $ 8