XML 114 R100.htm IDEA: XBRL DOCUMENT v3.25.1
Income Taxes - Schedule of Effective Income Tax Rate (Details) - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Income Tax Disclosure [Abstract]      
Income tax benefit (expense) at statutory rate $ (180.0) $ (53.0) $ (127.0)
Foreign tax rate differential (10.0) (14.0) (2.0)
Research and development tax credits 85.0 94.0 37.0
Change in valuation allowance 0.0 (4.0) (5.0)
Non-deductible/non-taxable items (10.0) (3.0) (3.0)
Patent box benefit 38.0 (4.0) 25.0
Contingency reserve 19.0 0.0 0.0
Impact of U.K. rate change (22.0) (3.0) (2.0)
Withholding tax (97.0) (122.0) (72.0)
Gains exempt from U.K. tax (2.0) (3.0) 2.0
Windfall tax benefit associated with share-based compensation 251.0 206.0 0.0
Total income tax benefit (expense) $ 72.0 $ 93.8 $ (146.8)