v3.25.4
SHARE-BASED COMPENSATION AND WARRANTS (Tables)
9 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement, Recognized Amount [Abstract]  
Schedule of Share-based Compensation Expense
The following table summarizes the Company’s share-based compensation expense for the 2017 Plan:
 Three-Month Periods EndedNine-Month Periods Ended
 December 31, 2025December 31, 2024December 31, 2025December 31, 2024
 (In millions)
Cost of sales$$$26 $25 
Selling, general and administrative expenses28 24 82 68 
Total share-based compensation expense$37 $33 $108 $93 
Schedule of Warrants Valuation Assumptions
The estimated fair value of the Warrant was determined as of the issuance date, using the Black-Scholes option pricing model. The following assumptions were used in the model:
As of August 15, 2025
Expected volatility45.8 %
Expected dividend yield— %
Expected life7 years
Risk-free interest rate4.0 %