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Leases (Tables)
 12 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Lease, Cost
The components of lease expenses for the fiscal years ended March 31, 2025, 2024, and 2023 are as follows (in millions):
Year Ended March 31,
202520242023
Operating lease costs$121 $80 $138 
Variable lease costs32 31 22 
Total lease expense$153 $111 $160 
During the fiscal years ended March 31, 2025, 2024, and 2023, we did not incur material costs associated with short-term leases with an initial term of 12 months or less.

Supplemental cash and noncash information related to our operating leases for the fiscal years ended March 31, 2025, 2024, and 2023 are as follows (in millions):
Year Ended March 31,
202520242023
Cash paid for amounts included in the measurement of lease liability$87 $74 $97 
ROU assets obtained in exchange for new lease obligations$97 $37 $97 
Weighted average remaining lease term and discount rate at March 31, 2025 and 2024 are as follows:
At March 31, 2025
At March 31, 2024
Lease term7.1 years7.1 years
Discount rate4.0 %3.6 %
AssetsandLiabilitiesLesseeTableTextBlock
Operating lease ROU assets and liabilities recorded on our Consolidated Balance Sheets as of March 31, 2025 and 2024 are as follows (in millions):
As of March 31,Balance Sheet Classification

20252024
Operating lease ROU assets$237 $243 Other assets


Operating lease liabilities$67 $66 Accounts payable, accrued, and other current liabilities
Noncurrent operating lease liabilities267 248 Other liabilities
Total operating lease liabilities$334 

$314 
Lessee, Operating Lease, Liability, Maturity
Future minimum lease payments under operating leases as of March 31, 2025 were as follows (in millions):
Fiscal Years Ending March 31,

2026

$77 
2027

67 
2028

52 
2029

35 
2030

29 
Thereafter

123 
Total future lease payments

383 
Less imputed interest

(49)
Total operating lease liabilities

$334