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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]      
Net sales $ 8,438.7 $ 6,820.9 $ 5,438.4
Cost of sales 2,740.8 2,371.3 2,059.6
Gross profit 5,697.9 4,449.6 3,378.8
Research and development 1,118.3 989.1 836.4
Selling, general and administrative 797.7 718.9 610.3
Amortization of acquired intangible assets 669.9 862.5 932.3
Special (income) charges and other, net (4.0) 29.5 1.7
Operating expenses 2,581.9 2,600.0 2,380.7
Operating income 3,116.0 1,849.6 998.1
Interest income 2.1 0.5 1.7
Interest expense (203.9) (257.0) (356.9)
Loss on settlement of debt (8.3) (113.4) (299.6)
Other income (loss), net 3.8 2.8 (3.8)
Income before income taxes 2,909.7 1,482.5 339.5
Income tax provision (benefit) 672.0 197.0 (9.9)
Net income $ 2,237.7 $ 1,285.5 $ 349.4
Basic net income per common share (in dollars per share) $ 4.07 $ 2.33 $ 0.67
Diluted net income per common share (in dollars per share) 4.02 2.27 0.65
Dividends declared per common share (in dollars per share) $ 1.263 $ 0.910 $ 0.747
Basic common shares outstanding (in shares) 550.4 552.3 519.2
Diluted common shares outstanding (in shares) 557.3 565.9 541.2