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Financial Instruments (Tables)

12 Months Ended

Mar. 31, 2025

Financial Instruments [Abstract]

Schedule of Short-Term Investments

Short-term investments consisted of the following as of March 31, 2025 and 2024 (in millions):

			As of March 31, 2025																								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			$	46					$	—					$	—					$	46					$	130					$	—					$	—					$	130
U.S. Treasury securities			12						—						—						12						95						—						—						95
U.S. agency securities			—						—						—						—						9						—						—						9
Commercial paper			—						—						—						—						66						—						—						66
Foreign government securities			4						—						—						4						8						—						—						8
Asset-backed securities			50						—						—						50						41						—						—						41
Certificates of deposit			—						—						—						—						13						—						—						13
Short-term investments			$	112					$	—					$	—					$	112					$	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 March 31, 2025 and 2024 (in millions):

			As of March 31, 2025												As of March 31, 2024
			Amortized Cost						Fair Value						Amortized Cost						Fair Value
Short-term investments
Due within 1 year			$	46					$	46					$	231					$	231
Due 1 year through 5 years			63						63						126						126
Due after 5 years			3						3						5						5
Short-term investments			$	112					$	112					$	362					$	362

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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
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

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