XML 25 R8.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Adjustment
Common Stock Par Value
Additional Paid-in-Capital Amount
Additional Paid-in-Capital Amount
Adjustment
Common Stock Held in Treasury Amount
Accumulated Other Comprehensive Loss
Retained Earnings
Retained Earnings
Adjustment
Beginning balance at Mar. 31, 2022 $ 5,894.8   $ 0.6 $ 2,535.9   $ (796.3) $ (20.6) $ 4,175.2  
Beginning balance (Accounting Standards Update 2020-06) at Mar. 31, 2022   $ (81.8)     $ (128.3)       $ 46.5
Beginning balance, common stock held in treasury (in shares) at Mar. 31, 2022           23,300,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 2,237.7             2,237.7  
Other comprehensive income 16.5           16.5    
Proceeds from sales of common stock through employee equity incentive plans 82.4     82.4          
RSU withholdings (75.8)     (75.8)          
Treasury stock used for new issuances $ 0.0     (81.9)   $ 81.9      
Repurchase of common stock (shares) 12,900,000         12,900,000      
Repurchase of common stock $ (945.9)   (0.1)     $ (945.8)      
Settlement of convertible debt (91.1)     (91.1)          
Share-based compensation 172.1     172.1          
Dividends on common stock (695.3)             (695.3)  
Ending balance at Mar. 31, 2023 6,513.6   0.5 2,413.3   $ (1,660.2) (4.1) 5,764.1  
Ending balance, common stock held in treasury (in shares) at Mar. 31, 2023           32,300,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 1,906.9             1,906.9  
Other comprehensive income 0.6           0.6    
Proceeds from sales of common stock through employee equity incentive plans 82.1     82.1          
RSU withholdings (61.1)     (61.1)          
Treasury stock used for new issuances $ 0.0     (67.5)   $ 67.5      
Repurchase of common stock (shares) 11,900,000         11,900,000      
Repurchase of common stock $ (988.9)         $ (988.9)      
Settlement of convertible debt (65.3)     (65.3)          
Share-based compensation 181.4     181.4          
Dividends on common stock (911.5)             (911.5)  
Ending balance at Mar. 31, 2024 $ 6,657.8   0.5 2,482.9   $ (2,581.6) (3.5) 6,759.5  
Ending balance, common stock held in treasury (in shares) at Mar. 31, 2024 41,142,968         41,100,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) $ (0.5)             (0.5)  
Other comprehensive income 1.8           1.8    
Issuance of Series A Preferred Stock 1,449.5     1,449.5          
Proceeds from sales of common stock through employee equity incentive plans 65.4     65.4          
RSU withholdings (57.6)     (57.6)          
Treasury stock used for new issuances $ 0.0   0.1 (59.7)   $ 59.6      
Repurchase of common stock (shares) 1,000,000.0         1,000,000.0      
Repurchase of common stock $ (89.6)         $ (89.6)      
Purchase of capped call options (160.1)     (160.1)          
Share-based compensation 189.5     189.5          
Dividends on Series A Preferred Stock (2.2)             (2.2)  
Dividends on common stock (975.7)             (975.7)  
Ending balance at Mar. 31, 2025 $ 7,078.3   $ 0.6 $ 3,909.9   $ (2,611.6) $ (1.7) $ 5,781.1  
Ending balance, common stock held in treasury (in shares) at Mar. 31, 2025 39,292,311         39,300,000