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v3.23.2

Financial Instruments (Tables) | 3 Months Ended
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Jun. 30, 2023
Financial Instruments [Abstract] |
Fair Value Of Short-Term Investments | Short-term investments consisted of the following as of June 30, 2023 and March 31, 2023 (in millions):
| As of June 30, 2023 |  | As of March 31, 2023
| Cost or Amortized Cost |  | Gross Unrealized |  | Fair Value |  | Cost or Amortized Cost |  | Gross Unrealized |  | Fair Value
| Gains |  | Losses |  | Gains |  | Losses |
Corporate bonds | $ | 98 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 97 |  |  | $ | 114 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 113 |
U.S. Treasury securities | 96 |  |  | — |  |  | — |  |  | 96 |  |  | 80 |  |  | — |  |  | — |  |  | 80 |
U.S. agency securities | 24 |  |  | — |  |  | — |  |  | 24 |  |  | 25 |  |  | — |  |  | — |  |  | 25 |
Commercial paper | 63 |  |  | — |  |  | — |  |  | 63 |  |  | 63 |  |  | — |  |  | — |  |  | 63 |
Foreign government securities | 10 |  |  | — |  |  | — |  |  | 10 |  |  | 11 |  |  | — |  |  | — |  |  | 11 |
Asset-backed securities | 38 |  |  | — |  |  | — |  |  | 38 |  |  | 37 |  |  | — |  |  | — |  |  | 37 |
Certificates of deposit | 15 |  |  | — |  |  | — |  |  | 15 |  |  | 14 |  |  | — |  |  | — |  |  | 14 |
Short-term investments | $ | 344 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 343 |  |  | $ | 344 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 343 |
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 June 30, 2023 and March 31, 2023 (in millions):
| As of June 30, 2023 |  | As of March 31, 2023
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Short-term investments |  |  |  |  |  |  |
Due within 1 year | $ | 275 |  |  | $ | 274 |  |  | $ | 267 |  |  | $ | 266 |
Due 1 year through 5 years | 65 |  |  | 65 |  |  | 72 |  |  | 72 |
Due after 5 years | 4 |  |  | 4 |  |  | 5 |  |  | 5 |
Short-term investments | $ | 344 |  |  | $ | 343 |  |  | $ | 344 |  |  | $ | 343 |

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