v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]      
Net sales $ 4,401.6 $ 7,634.4 $ 8,438.7
Cost of sales 1,933.7 2,638.7 2,740.8
Gross profit 2,467.9 4,995.7 5,697.9
Research and development 983.8 1,097.4 1,118.3
Selling, general and administrative 617.7 734.2 797.7
Amortization of acquired intangible assets 490.9 605.4 669.9
Special charges (income) and other, net 79.2 (12.3) (4.0)
Operating expenses 2,171.6 2,424.7 2,581.9
Operating income 296.3 2,571.0 3,116.0
Interest income 9.2 7.6 2.1
Interest expense (259.2) (198.3) (203.9)
Loss on settlement of debt (1.7) (12.2) (8.3)
Other (loss) income, net (5.7) (2.2) 3.8
Income before income taxes 38.9 2,365.9 2,909.7
Income tax provision 39.4 459.0 672.0
Net (loss) income (0.5) 1,906.9 2,237.7
Dividends on Series A Preferred Stock (2.2) 0.0 0.0
Net (loss) income attributable to common stockholders $ (2.7) $ 1,906.9 $ 2,237.7
Basic net (loss) income per common share (in dollars per share) $ (0.01) $ 3.52 $ 4.07
Diluted net (loss) income per common share (in dollars per share) (0.01) 3.48 4.02
Dividends declared per common share (in dollars per share) $ 1.816 $ 1.682 $ 1.263
Basic common shares outstanding (in shares) 537.3 542.0 550.4
Diluted common shares outstanding (in shares) 537.3 548.0 557.3

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