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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 666.4 $ 507.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 222.9 259.4
Deferred income taxes 23.9 74.7
Share-based compensation expense related to equity incentive plans 44.5 41.2
Loss on settlement of debt 9.1 6.2
Amortization of debt discount 1.7 1.8
Amortization of debt issuance costs 2.2 2.3
Impairment of intangible assets 0.5 0.0
Other non-cash adjustment (0.1) (0.2)
Changes in operating assets and liabilities, excluding impact of acquisitions:    
Increase in accounts receivable (159.7) (72.4)
Increase in inventories (10.6) (65.0)
Increase in accounts payable and accrued liabilities 34.9 152.4
Change in other assets and liabilities 50.5 (42.8)
Change in income tax payable 107.0 (24.4)
Net cash provided by operating activities 993.2 840.4
Cash flows from investing activities:    
Proceeds from sales of assets 0.3 0.4
Investments in other assets (30.1) (32.3)
Capital expenditures (111.1) (121.9)
Net cash used in investing activities (140.9) (153.8)
Cash flows from financing activities:    
Repayment of senior notes (1,000.0) 0.0
Payments on settlement of convertible debt (90.1) (73.5)
Proceeds from sale of common stock 15.3 13.4
Tax payments related to shares withheld for vested RSUs (15.7) (19.4)
Repurchase of common stock (140.3) (195.2)
Payment of cash dividends (208.9) (153.0)
Capital lease payments (0.4) (0.2)
Net cash used in financing activities (815.1) (626.9)
Net increase in cash and cash equivalents 37.2 59.7
Cash and cash equivalents, and restricted cash at beginning of period 234.0 317.4
Cash and cash equivalents, and restricted cash at end of period 271.2 377.1
Revolving Credit Facility    
Cash flows from financing activities:    
Proceeds from borrowings on Revolving Credit Facility 2,585.0 1,306.0
Repayments of line of credit $ (1,960.0) $ (1,505.0)