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Revenue (Tables)
 3 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
A summary of the Company’s disaggregated revenue is as follows:
Three Months Ended June 30,
External CustomersRelated PartiesTotal
(in millions)202520242025202420252024
License and Other Revenue (1)
$255 $441 $213 $31 $468 $472 
Royalty Revenue470 374 115 93 585 467 
$725 $815 $328 $124 $1,053 $939 
(1)    Includes over-time revenue of $221 million and $76 million, and point-in-time revenue of $247 million and $396 million, for the three months ended June 30, 2025 and 2024, respectively.
Schedule of Revenue from External Customers by Geographic Areas The following table summarizes information pertaining to revenue from customers based on the principal headquarters address by geographic regions:
Three Months Ended June 30,
(in millions)
20252024
United States
$382 $558 
PRC (1)
209 128 
Japan154 40 
Taiwan
146 115 
Republic of Korea
69 63 
Other countries
93 35 
Total
$1,053 $939 
(1)    “PRC” means the People’s Republic of China, including the Hong Kong Special Administrative Region and the Macau Special Administrative Region, but excluding Taiwan.
Schedule of Accounts Receivable
A summary of the components of accounts receivable, net is as follows:
As of
(in millions)June 30, 2025March 31, 2025
Accounts receivable$1,334 $1,127 
Allowance for current expected credit losses(19)(20)
Total accounts receivable, net$1,315 $1,107 
Schedule of Allowance for Credit Losses
A summary of the movement in the allowance for current expected credit losses is as follows:
Three Months Ended June 30,
(in millions)20252024
Beginning balance$20 $3 
Additional (reversal of) provision(1)16 
Ending balance$19 $19 
Schedule of Reconciliation of Contract Liabilities
A reconciliation of the movement in contract liabilities is as follows:
Three Months Ended June 30,
(in millions)20252024
Beginning balance
$911 $915 
Customer prepayment and billing in advance of performance164 59 
Revenue recognized in the period that was included in the contract liability balance at the beginning of the period(58)(39)
Revenue recognized in the period that was included in the contract liability balance during the period(15)(11)
Ending balance
$1,002 $924