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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 882 $ 885
Accounts receivable, net 2,048 2,271
Prepaid expenses and other current assets 147 157
Total current assets 3,077 3,313
Property and equipment, net of accumulated depreciation 163 177
Operating lease right-of-use assets 159 178
Intangible assets, net of accumulated amortization 517 563
Goodwill 2,399 2,405
Deferred tax assets 315 332
Other long-term assets 421 344
Total assets 7,051 7,312
Current liabilities:    
Current portion of long-term debt 83 83
Accounts payable and other accrued expenses 866 987
Accrued compensation and benefits 670 702
Operating lease liabilities 41 41
Other current liabilities 43 33
Total current liabilities 1,703 1,846
Long-term debt, net of current portion 3,857 3,915
Operating lease liabilities, net of current portion 156 180
Other long-term liabilities 310 368
Total liabilities 6,026 6,309
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Common stock, Class A - $0.01 par value - authorized: 600,000,000 shares; issued: 169,274,466 and 168,522,544 shares at December 31, 2025 and March 31, 2025, respectively; outstanding: 120,863,944 and 124,879,004 shares at December 31, 2025 and March 31, 2025, respectively 2 2
Treasury stock, at cost - 48,410,522 and 43,643,540 shares at December 31, 2025 and March 31, 2025 (3,586) (3,082)
Additional paid-in capital 1,129 1,042
Retained earnings 3,511 3,070
Accumulated other comprehensive loss (31) (29)
Total stockholders’ equity 1,025 1,003
Total liabilities and stockholders’ equity $ 7,051 $ 7,312