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Derivative Instruments (Tables) | 12 Months Ended
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Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Foreign Currency Forward Contracts | The following table presents the foreign currency (gain) loss to Other expense (income), net:
|  |  |  | Fiscal Years Ended
(in millions) |  |  |  | March 31, 2025 |  | March 31, 2024 |  | March 31, 2023 |
Foreign currency remeasurement (1) |  |  |  | $ | 3 |  |  | $ | 18 |  |  | $ | 12 |  |
Undesignated foreign currency forward contracts (2) |  |  |  | (7) |  |  | (25) |  |  | (27) |  |
Total - Foreign currency gain |  |  |  | $ | (4) |  |  | $ | (7) |  |  | $ | (15) |  |
(1) Movements from exchange rates on the Company’s foreign currency-denominated assets and liabilities. (2) Movements from hedges used to manage the Company’s foreign currency remeasurement exposure, and the associated costs of the hedging program.
Schedule of Derivative Instruments | The following tables present the fair values of derivative instruments included in the balance sheets:
|  |  |  | As of
(in millions) |  | Balance Sheet Line Item |  | March 31, 2025 |  | March 31, 2024
Derivatives designated for hedge accounting: |  |  |  |
Foreign currency forward contracts |  | Other current assets |  | $ | 1 |  |  | $ | 6 |
|  | Accrued expenses and other current liabilities |  | $ | 7 |  |  | $ | 3 |
Derivatives not designated for hedge accounting: |  |  |  |
Foreign currency forward contracts |  | Other current assets |  | $ | 12 |  |  | $ | 16 |
|  | Accrued expenses and other current liabilities |  | $ | 32 |  |  | $ | 12 |

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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