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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Net sales $ 1,309.7 $ 1,322.6
Cost of sales [1] 511.4 507.4
Gross profit 798.3 815.2
Research and development [1] 198.0 219.1
Selling, general and administrative [1] 146.3 167.9
Amortization of acquired intangible assets 235.4 248.5
Special charges and other, net 0.3 8.1
Operating expenses 580.0 643.6
Operating income 218.3 171.6
Other income (expense):    
Interest income 0.3 0.7
Interest expense (99.1) (132.6)
Loss on settlement of debt (26.8) (1.9)
Other (loss) income, net (3.2) 2.7
Income before income taxes 89.5 40.5
Income tax benefit (34.1) (10.2)
Net income $ 123.6 $ 50.7
Basic net income per common share (in dollars per share) $ 0.50 $ 0.21
Diluted net income per common share (in dollars per share) 0.48 0.20
Dividends declared per common share (in dollars per share) $ 0.3675 $ 0.3655
Basic common shares outstanding (in shares) 247.7 237.8
Diluted common shares outstanding (in shares) 257.8 253.9
[1] Year ended March 31,(1) Includes share-based compensation expense as follows: Cost of sales$6.4 $4.9 Research and development$20.5 $19.5 Selling, general and administrative$15.5 $16.3