XML 30 R23.htm IDEA: XBRL DOCUMENT v3.25.0.1
Balance Sheet Components (Tables)
 9 Months Ended
Dec. 31, 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)December 31, 2024March 31, 2024
Research and development tax credit receivables$100 $68 
Prepayments71 49 
Other receivables41 40 
Total prepaid expenses and other current assets$212 $157 
Schedule of Accrued Compensation and Benefits and Share-based Compensation
Accrued compensation and benefits consist of:
As of
(in millions)December 31, 2024March 31, 2024
Accrued bonus, commissions, and cash awards$19 $190 
Accrued vacation and sabbatical84 83 
Accrued salaries and fringe benefits11 25 
Total accrued compensation and benefits$114 $298 
Schedule of Other Current Liabilities
Other current liabilities consist of:
As of
(in millions)December 31, 2024March 31, 2024
Employee related payroll taxes and payables (1)
$156 $674 
Accrued expenses and fees111 83 
Electronic design automation liabilities53 40 
Trade payables (including payables to related parties of $10 and $7 as of December 31, 2024 and March 31, 2024, respectively)
70 26 
Customer deposits12 7 
Finance lease liabilities10 5 
Total other current liabilities$412 $835 
(1)    Employee related payroll taxes and payables are primarily related to vested RSUs during the quarter and paid in the subsequent quarter.