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DEBT (Tables) | 9 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The components of Long-term debt, net on our Condensed Consolidated Balance Sheet were as follows:
|  | Annual Interest Rate |  | Maturity Date |  | December 31, 2023 |  | Fair Value (Level 2)
2025 Notes |  | 3.55% |  | April 14, 2025 |  | $ | 600.0 |  |  | $ | 587.7 |
2026 Notes |  | 5.00% |  | March 28, 2026 |  | 500.0 |  |  | 502.6 |
2027 Notes |  | 3.70% |  | April 14, 2027 |  | 600.0 |  |  | 581.9 |
2028 Notes |  | 4.95% |  | March 28, 2028 |  | 500.0 |  |  | 504.3 |
2032 Notes |  | 4.00% |  | April 14, 2032 |  | 500.0 |  |  | 476.2 |
2026 Convertible Notes |  | 0.00% |  | December 15, 2026 |  | 24.1 |  |  | 24.1 |
Total |  |  |  |  |  | $ | 2,724.1 |  |  | $ | 2,676.8 |
Unamortized discount and issuance costs |  |  |  |  |  | (15.9) |  |  |
Long-term debt, net |  |  |  |  |  | $ | 2,708.2 |  |  |
|  | Annual Interest Rate |  | Maturity Date |  | March 31, 2023 |  | Fair Value (Level 2)
2025 Notes |  | 3.55% |  | April 14, 2025 |  | $ | 600.0 |  |  | $ | 583.8 |
2027 Notes |  | 3.70% |  | April 14, 2027 |  | 600.0 |  |  | 580.9 |
2032 Notes |  | 4.00% |  | April 14, 2032 |  | 500.0 |  |  | 460.6 |
2024 Convertible Notes |  | 0.25% |  | June 1, 2024 |  | 20.8 |  |  | 20.8 |
2026 Convertible Notes |  | 0.00% |  | December 15, 2026 |  | 23.3 |  |  | 23.3 |
Total |  |  |  |  |  | $ | 1,744.1 |  |  | $ | 1,669.4 |
Unamortized discount and issuance costs |  |  |  |  |  | (11.1) |  |  |
Long-term debt, net |  |  |  |  |  | $ | 1,733.0 |  |  |
Schedule of Short-term Debt | The components of Short-term debt, net on our Condensed Consolidated Balance Sheet were as follows:
|  | Annual Interest Rate |  | Maturity Date |  | December 31, 2023 |  | Fair Value (Level 2)
2024 Notes |  | 3.30% |  | March 28, 2024 |  | $ | 350.0 |  |  | $ | 347.9 |
2024 Convertible Notes |  | 0.25% |  | June 1, 2024 |  | 23.2 |  |  | 23.2 |
Total |  |  |  |  |  | $ | 373.2 |  |  | $ | 371.1 |
Unamortized discount and issuance costs |  |  |  |  |  | — |  |  |
Short-term debt, net |  |  |  |  |  | $ | 373.2 |  |  |
|  | Annual Interest Rate |  | Maturity Date |  | March 31, 2023 |  | Fair Value (Level 2)
2024 Notes |  | 3.30% |  | March 28, 2024 |  | $ | 1,000.0 |  |  | $ | 978.2 |
Term Loan |  | 3.60% |  | June 21, 2023 |  | 350.0 |  |  | 350.0 |
Total |  |  |  |  |  | $ | 1,350.0 |  |  | $ | 1,328.2 |
Unamortized discount and issuance costs |  |  |  |  |  | (3.2) |  |  |
Short-term debt, net |  |  |  |  |  | $ | 1,346.8 |  |  |
Schedule of Debt | Interest expense as it relates to our debt is recorded within Interest and other, net in our Condensed Consolidated Statements of Operations for the three and nine months ended December 31, 2023, and 2022, respectively, and was as follows:
|  | Three Months Ended December 31, |  | Nine Months Ended December 31,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
2024 Notes |  | $ | 2.8 |  |  | $ | 8.3 |  |  | $ | 12.2 |  |  | $ | 23.3 |
2025 Notes |  | 5.3 |  |  | 5.3 |  |  | 16.0 |  |  | 15.1 |
2026 Notes |  | 6.2 |  |  | — |  |  | 17.8 |  |  | — |
2027 Notes |  | 5.6 |  |  | 5.6 |  |  | 16.7 |  |  | 15.8 |
2028 Notes |  | 6.2 |  |  | — |  |  | 17.7 |  |  | — |
2032 Notes |  | 5.0 |  |  | 5.0 |  |  | 15.0 |  |  | 14.2 |
Term Loan |  | — |  |  | 2.9 |  |  | 1.5 |  |  | 6.4 |
2022 Credit Agreement |  | — |  |  | 2.4 |  |  | — |  |  | 4.1 |
Total |  | $ | 31.1 |  |  | $ | 29.5 |  |  | $ | 96.9 |  |  | $ | 78.9 |
Schedule of Debt Maturities | The following table outlines the aggregate amount of maturities of our borrowings, as of December 31, 2023:
Fiscal Year Ending March 31, |  | Maturities
2024 (remaining) |  | $ | 350.0 |
2025 |  | 21.4 |
2026 |  | 1,100.0 |
2027 |  | 29.4 |
2028 |  | 1,100.0 |
Thereafter |  | 500.0 |
Total |  | 3,100.8 |
Fair value adjustments |  | (3.5) |
Total face value |  | $ | 3,097.3 |
Schedule of Information Related to Availability on Credit Agreement | Information related to availability on our 2022 Credit Agreement for each period was as follows:
|  | December 31, 2023 |  | March 31, 2023
Available borrowings |  | $ | 499.5 |  |  | $ | 499.5 |
Outstanding letters of credit |  | 2.8 |  |  | 2.8 |

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