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Balance Sheet Components (Tables)
6 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of:
As of
(in millions)September 30, 2024March 31, 2024
Research and development tax credit receivables$107 $68 
Prepayments71 49 
Other receivables68 40 
Total prepaid expenses and other current assets$246 $157 
Schedule of Accrued Compensation and Benefits and Share-based Compensation
Accrued compensation and benefits consist of:
As of
(in millions)September 30, 2024March 31, 2024
Accrued bonus, commissions, and cash awards$11 $190 
Accrued vacation and sabbatical84 83 
Accrued salaries and fringe benefits25 
Total accrued compensation and benefits$104 $298 
Schedule of Other Current Liabilities
Other current liabilities consist of:
As of
(in millions)September 30, 2024March 31, 2024
Employee related payroll taxes and payables (1)
$192 $674 
Accrued expenses and fees105 83 
Electronic design automation liabilities57 40 
Trade payables (including payables to related parties of $12 and $7 as of September 30, 2024 and March 31, 2024, respectively)
34 26 
Customer deposits
Finance lease liabilities
Total other current liabilities$400 $835 
(1)    Employee related payroll taxes and payables are primarily related to vested RSUs during the quarter and paid in the subsequent quarter.