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Consolidated Income Statements - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Revenue $ 3,233,000,000 $ 2,679,000,000 $ 2,703,000,000
Cost of sales (154,000,000) (106,000,000) (131,000,000)
Gross profit 3,079,000,000 2,573,000,000 2,572,000,000
Research and development (1,979,000,000) (1,133,000,000) (995,000,000)
Selling, general and administrative (983,000,000) (762,000,000) (897,000,000)
Impairment of long-lived assets 0 0 (21,000,000)
Disposal, restructuring and other operating expenses, net (6,000,000) (7,000,000) (26,000,000)
Total operating expense (2,968,000,000) (1,902,000,000) (1,939,000,000)
Operating income (loss) 111,000,000 671,000,000 633,000,000
Income (loss) from equity investments, net (20,000,000) (45,000,000) 141,000,000
Interest income, net 110,000,000 42,000,000 2,000,000
Other non-operating income (loss), net 11,000,000 3,000,000 10,000,000
Income (loss) before income taxes 212,000,000 671,000,000 786,000,000
Income tax benefit (expense) 93,800,000 (146,800,000) (109,700,000)
Net income (loss) from continuing operations 306,000,000 524,000,000 676,000,000
Loss from discontinued operations before income taxes 0 0 (99,000,000)
Income tax benefit (expense) from discontinued operations 0 0 (28,000,000)
Net loss from discontinued operations 0 0 (127,000,000)
Net income (loss) $ 306,000,000 $ 524,000,000 $ 549,000,000
Net income (loss) per share attributable to ordinary shareholders – basic      
Net income from continuing operations (in USD per share) $ 0.30 $ 0.51 $ 0.66
Net loss from discontinued operation (in USD per share) 0 0 (0.12)
Net income (loss) per share - basic (in USD per share) 0.30 0.51 0.54
Net income (loss) per share attributable to ordinary shareholders – diluted      
Net income from continuing operations (in USD per share) 0.29 0.51 0.66
Net loss from discontinued operation (in USD per share) 0 0 (0.12)
Net income (loss) per share - diluted (in USD per share) $ 0.29 $ 0.51 $ 0.54
Weighted average ordinary shares outstanding      
Basic (in shares) 1,027,443,122 1,025,234,000 1,025,234,000
Diluted (in shares) 1,044,497,032 1,027,505,008 1,025,234,000
External Customers      
Revenue $ 2,509,000,000 $ 2,025,000,000 $ 2,219,000,000
Related Party      
Revenue $ 724,000,000 $ 654,000,000 $ 484,000,000