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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,518 $ 2,085
Short-term investments 740 740
Accounts receivable, net (including receivables from related parties of $304 and $279 as of September 30, 2025 and March 31, 2025, respectively) 1,119 1,107
Contract assets (including contract assets from related parties of $352 and $152 as of September 30, 2025 and March 31, 2025, respectively) 647 642
Prepaid expenses and other current assets 346 256
Total current assets 5,370 4,830
Non-current assets:    
Property and equipment, net 573 354
Operating lease right-of-use assets 358 320
Finance lease right-of-use assets 83 40
Equity investments (including investments held under fair value option of $294 and $300 as of September 30, 2025 and March 31, 2025, respectively) 556 565
Goodwill 1,625 1,620
Intangible assets, net 245 151
Deferred tax assets 403 401
Non-current portion of contract assets 248 346
Other non-current assets 249 305
Total non-current assets 4,340 4,102
Total assets 9,710 8,932
Current liabilities:    
Accrued compensation and benefits 115 140
Tax liabilities 98 124
Contract liabilities (including contract liabilities from related parties of $88 and $105 as of September 30, 2025 and March 31, 2025, respectively) 296 209
Operating lease liabilities 37 30
Other current liabilities (including payables to related parties of $6 and $11 as of September 30, 2025 and March 31, 2025, respectively) 414 426
Total current liabilities 960 929
Non-current liabilities:    
Non-current portion of accrued compensation 27 26
Deferred tax liabilities 27 41
Non-current portion of contract liabilities 734 702
Non-current portion of operating lease liabilities 373 316
Other non-current liabilities 182 79
Total non-current liabilities 1,343 1,164
Total liabilities 2,303 2,093
Commitments and contingencies (Note 13)
Shareholders’ equity:    
Ordinary shares, $0.001 par value; 1,097 shares authorized and 1,061 shares issued and outstanding as of September 30, 2025; and 1,088 shares authorized and 1,057 shares issued and outstanding as of March 31, 2025 2 2
Additional paid-in capital 3,101 2,922
Accumulated other comprehensive income (loss) 393 372
Retained earnings 3,911 3,543
Total shareholders’ equity 7,407 6,839
Total liabilities and shareholders’ equity $ 9,710 $ 8,932