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Stock-Based Compensation (Tables)
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Schedule of assumptions used in the Black-Scholes valuation model
There were an insignificant number of stock options granted during the three and six months ended September 30, 2022 and 2021.
The estimated assumptions used in the Black-Scholes valuation model to value our ESPP purchase rights were as follows:
ESPP Purchase Rights
 Three Months Ended
September 30,
20222021
Risk-free interest rate
3.1 – 3.3%
0.1 %
Expected volatility
30 – 31%
25 – 28%
Weighted-average volatility30 %27 %
Expected term
6 – 12 months
6 – 12 months
Expected dividends0.7 %0.6 %
Disclosure Of Stock-Based Compensation Arrangements By Stock-Based Payment Award   The following table summarizes stock-based compensation expense resulting from stock options, restricted stock units, market-based restricted stock units, performance-based restricted stock units, and the ESPP purchase rights included in our Condensed Consolidated Statements of Operations (in millions):
 Three Months Ended
September 30,
Six Months Ended
September 30,
 2022202120222021
Cost of revenue$$$$
Research and development95 101 176 186 
Marketing and sales16 15 29 27 
General and administrative28 31 57 58 
Stock-based compensation expense$140 $149 $265 $274 
Schedule of Repurchase Agreements   The following table summarizes total shares repurchased during the three and six months ended September 30, 2022 and 2021:
November 2020 Program
(In millions)SharesAmount
Three months ended September 30, 2022
2.6$325 
Six months ended September 30, 2022
5.1$645 
Three months ended September 30, 2021
2.3$325 
Six months ended September 30, 2021
4.6$650 
Share-based Payment Arrangement, Option [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Disclosure Of Stock-Based Compensation Arrangements By Stock-Based Payment Award   The following table summarizes our stock option activity for the six months ended September 30, 2022:
Options
(in thousands)
Weighted-
Average
Exercise Prices
Weighted-
Average
Remaining
Contractual
Term  (in years)
Aggregate
Intrinsic Value
(in millions)
Outstanding as of March 31, 2022
286 $39.28 
Granted125.20 
Exercised(67)39.58 
Forfeited, cancelled or expired(1)64.95 
Outstanding as of September 30, 2022
220 $39.78 1.63$17 
Vested and expected to vest220 $39.78 1.63$17 
Exercisable as of September 30, 2022
218 $39.07 1.57$17 
Restricted Stock Rights [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Disclosure Of Stock-Based Compensation Arrangements By Stock-Based Payment Award   The following table summarizes our restricted stock units activity for the six months ended September 30, 2022:
Restricted
Stock Units
(in thousands)
Weighted-
Average Grant
Date Fair Values
Outstanding as of March 31, 20226,682 $129.57 
Granted4,564 127.72 
Vested(2,378)123.46 
Forfeited or cancelled(507)132.03 
Outstanding as of September 30, 20228,361 $130.15 
Performance Based Restricted Stock Units [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Disclosure Of Stock-Based Compensation Arrangements By Stock-Based Payment Award   The following table summarizes our performance-based restricted stock unit activity, presented with the maximum number of shares that could potentially vest, for the six months ended September 30, 2022:
Performance-
Based Restricted
Stock Units
(in thousands)
Weighted-
Average Grant
Date Fair Value
Outstanding as of March 31, 2022190 $142.60 
Granted509 127.98 
Vested(73)142.60 
Forfeited or cancelled(65)136.78 
Outstanding as of September 30, 2022561 $130.01 
Market-Based Restricted Stock Units [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Disclosure Of Stock-Based Compensation Arrangements By Stock-Based Payment Award   The following table summarizes our market-based restricted stock unit activity, presented with the maximum number of shares that could potentially vest, for the six months ended September 30, 2022:
Market-Based
Restricted  Stock
Units
(in thousands)
Weighted-
Average  Grant
Date Fair Value
Outstanding as of March 31, 20221,321 $134.69 
Granted178 176.70 
Vested(95)114.97 
Forfeited or cancelled(582)129.16 
Outstanding as of September 30, 2022822 $149.98