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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,085 $ 1,923
Short-term investments 740 1,000
Accounts receivable, net (including receivables from related parties of $279 and $182 as of March 31, 2025 and 2024, respectively) 1,107 781
Contract assets (including contract assets from related parties of $152 and $22 as of March 31, 2025 and 2024, respectively) 642 336
Prepaid expenses and other current assets 256 157
Total current assets 4,830 4,197
Non-current assets:    
Property and equipment, net 394 215
Operating lease right-of-use assets 320 205
Equity investments (including investments held at fair value of $300 and $573 as of March 31, 2025 and 2024, respectively) 565 741
Goodwill 1,620 1,625
Intangible assets, net 151 152
Deferred tax assets 401 282
Non-current portion of contract assets 346 240
Other non-current assets 305 270
Total non-current assets 4,102 3,730
Total assets 8,932 7,927
Current liabilities:    
Accrued compensation and benefits 140 298
Tax liabilities 124 147
Contract liabilities (including contract liabilities from related parties of $105 and $107 as of March 31, 2025 and 2024, respectively) 209 198
Operating lease liabilities 30 27
Other current liabilities (including payables to related parties of $11 and $7 as of March 31, 2025 and 2024, respectively) 426 835
Total current liabilities 929 1,505
Non-current liabilities:    
Non-current portion of accrued compensation 26 20
Deferred tax liabilities 41 135
Non-current portion of contract liabilities 702 717
Non-current portion of operating lease liabilities 316 194
Other non-current liabilities 79 61
Total non-current liabilities 1,164 1,127
Total liabilities 2,093 2,632
Commitments and contingencies (Note 18)
Shareholders’ equity:    
Ordinary shares, $0.001 par value; 1,088 shares authorized and 1,057 shares issued and outstanding as of March 31, 2025; and 1,088 shares authorized and 1,040 issued and outstanding as of March 31, 2024 2 2
Additional paid-in capital 2,922 2,171
Accumulated other comprehensive income (loss) 372 371
Retained earnings 3,543 2,751
Total shareholders’ equity 6,839 5,295
Total liabilities and shareholders’ equity $ 8,932 $ 7,927