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Financial Instruments (Tables)

12 Months Ended

Mar. 31, 2023

Financial Instruments [Abstract]

Schedule of Short-Term Investments

Short-term investments consisted of the following as of March 31, 2023 and 2022 (in millions):

			As of March 31, 2023																								As of March 31, 2022
			Cost or Amortized Cost						Gross Unrealized												Fair Value						Cost or Amortized Cost						Gross Unrealized												Fair Value
									Gains						Losses																		Gains						Losses
Corporate bonds			$	114					$	—					$	(1)					$	113					$	117					$	—					$	(1)					$	116
U.S. Treasury securities			80						—						—						80						103						—						(1)						102
U.S. agency securities			25						—						—						25						—						—						—						—
Commercial paper			63						—						—						63						39						—						—						39
Foreign government securities			11						—						—						11						17						—						—						17
Asset-backed securities			37						—						—						37						38						—						—						38
Certificates of deposit			14						—						—						14						18						—						—						18
Short-term investments			$	344					$	—					$	(1)					$	343					$	332					$	—					$	(2)					$	330

Fair Value Of Short-Term Investments By Stated Maturity Date Schedule

The following table summarizes the amortized cost and fair value of our short-term investments, classified by stated maturity as of March 31, 2023 and 2022 (in millions):

			As of March 31, 2023												As of March 31, 2022
			Amortized Cost						Fair Value						Amortized Cost						Fair Value
Short-term investments
Due within 1 year			$	267					$	266					$	250					$	249
Due 1 year through 5 years			72						72						77						76
Due after 5 years			5						5						5						5
Short-term investments			$	344					$	343					$	332					$	330

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- Definition

FINANCIAL INSTRUMENTS [Abstract]

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- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

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- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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