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Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 939.0 $ 675.0
Cost of sales (33.0) (31.0)
Gross profit 906.0 644.0
Research and development (485.0) (337.0)
Selling, general and administrative (239.0) (196.0)
Total operating expense (724.0) (533.0)
Operating income (loss) 182.0 111.0
Income (loss) from equity investments, net 24.0 (7.0)
Interest income, net 32.0 24.0
Other non-operating income (loss), net 6.0 (1.0)
Income (loss) before income taxes 244.0 127.0
Income tax benefit (expense) (21.0) (22.0)
Net income (loss) $ 223.0 $ 105.0
Net income (loss) per share attributable to ordinary shareholders    
Basic (in USD per share) $ 0.21 $ 0.10
Diluted (in USD per share) $ 0.21 $ 0.10
Weighted average ordinary shares outstanding    
Basic (in shares) 1,044,000,000 1,025,000,000
Diluted (in shares) 1,060,000,000 1,029,000,000
External Customers    
Revenue $ 815.0 $ 535.0
Related Parties    
Revenue $ 124.0 $ 140.0