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Financial Instruments (Tables) | 3 Months Ended
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Jun. 30, 2024
Financial Instruments [Abstract] |
Fair Value Of Short-Term Investments | Short-term investments consisted of the following as of June 30, 2024 and March 31, 2024 (in millions):
| As of June 30, 2024 |  | As of March 31, 2024
| Cost or Amortized Cost |  | Gross Unrealized |  | Fair Value |  | Cost or Amortized Cost |  | Gross Unrealized |  | Fair Value
| Gains |  | Losses |  | Gains |  | Losses |
Corporate bonds | $ | 137 |  |  | $ | — |  |  | $ | — |  |  | $ | 137 |  |  | $ | 130 |  |  | $ | — |  |  | $ | — |  |  | $ | 130 |
U.S. Treasury securities | 92 |  |  | — |  |  | — |  |  | 92 |  |  | 95 |  |  | — |  |  | — |  |  | 95 |
U.S. agency securities | 5 |  |  | — |  |  | — |  |  | 5 |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
Commercial paper | 72 |  |  | — |  |  | — |  |  | 72 |  |  | 66 |  |  | — |  |  | — |  |  | 66 |
Foreign government securities | 5 |  |  | — |  |  | — |  |  | 5 |  |  | 8 |  |  | — |  |  | — |  |  | 8 |
Asset-backed securities | 39 |  |  | — |  |  | — |  |  | 39 |  |  | 41 |  |  | — |  |  | — |  |  | 41 |
Certificates of deposit | 16 |  |  | — |  |  | — |  |  | 16 |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
Short-term investments | $ | 366 |  |  | $ | — |  |  | $ | — |  |  | $ | 366 |  |  | $ | 362 |  |  | $ | — |  |  | $ | — |  |  | $ | 362 |
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, 2024 and March 31, 2024 (in millions):
| As of June 30, 2024 |  | As of March 31, 2024
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Short-term investments |  |  |  |  |  |  |
Due within 1 year | $ | 250 |  |  | $ | 250 |  |  | $ | 231 |  |  | $ | 231 |
Due 1 year through 5 years | 111 |  |  | 111 |  |  | 126 |  |  | 126 |
Due after 5 years | 5 |  |  | 5 |  |  | 5 |  |  | 5 |
Short-term investments | $ | 366 |  |  | $ | 366 |  |  | $ | 362 |  |  | $ | 362 |

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