XML 55 R38.htm IDEA: XBRL DOCUMENT
v3.23.1

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Compensation Expense | The following table presents the details of the Company's share-based compensation expense (in millions):
| Fiscal Year Ended March 31,
| 2023 |  | 2022 |  | 2021
Cost of sales (1) | $ | 27.2 |  |  | $ | 34.3 |  |  | $ | 26.6 |
Research and development | 83.1 |  |  | 97.9 |  |  | 96.8 |
Selling, general and administrative | 60.1 |  |  | 78.0 |  |  | 74.9 |
Pre-tax effect of share-based compensation | 170.4 |  |  | 210.2 |  |  | 198.3 |
Income tax benefit | 36.4 |  |  | 44.6 |  |  | 42.3 |
Net income effect of share-based compensation | $ | 134.0 |  |  | $ | 165.6 |  |  | $ | 156.0 |
(1) During the fiscal year ended March 31, 2023, $19.7 million of share-based compensation expense was capitalized to inventory and $27.2 million of previously capitalized share-based compensation expense in inventory was sold. During the fiscal year ended March 31, 2022, $21.2 million of share-based compensation expense was capitalized to inventory and $34.3 million of previously capitalized share-based compensation expense in inventory was sold. During the fiscal year ended March 31, 2021, $16.7 million of share-based compensation expense was capitalized to inventory and $26.6 million of previously capitalized share-based compensation expense in inventory was sold.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity | RSUs and PSUs share activity is set forth below:
| Number of Shares |  | Weighted Average Grant Date Fair Value
Nonvested shares at March 31, 2020 | 11,484,106 |  |  | $ | 38.06 |
Granted | 4,678,494 |  |  | $ | 50.69 |
Forfeited | (514,110) |  |  | $ | 41.69 |
Vested | (3,764,672) |  |  | $ | 32.07 |
Nonvested shares at March 31, 2021 | 11,883,818 |  |  | $ | 44.77 |
Granted | 2,995,991 |  |  | $ | 74.36 |
Forfeited | (978,325) |  |  | $ | 51.17 |
Vested | (3,795,469) |  |  | $ | 43.77 |
Nonvested shares at March 31, 2022 | 10,106,015 |  |  | $ | 53.30 |
Granted | 3,226,654 |  |  | $ | 61.71 |
Forfeited | (864,262) |  |  | $ | 55.77 |
Vested | (3,423,935) |  |  | $ | 45.08 |
Nonvested shares at March 31, 2023 | 9,044,472 |  |  | $ | 59.17 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration