XML 61 R50.htm IDEA: XBRL DOCUMENT v3.22.1
Debt - Additional Information (Detail)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 15, 2022
Dec. 22, 2021
USD ($)
shares
Dec. 21, 2021
Dec. 10, 2021
USD ($)
Aug. 31, 2017
USD ($)
d
$ / shares
Mar. 31, 2022
USD ($)
d
Mar. 31, 2021
USD ($)
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 15, 2021
USD ($)
Dec. 02, 2021
USD ($)
Nov. 01, 2021
Jul. 01, 2021
USD ($)
Line of Credit Facility [Line Items]                            
Debt issuance costs capitalized           $ 17,000,000   $ 17,000,000            
Amortization of debt issuance costs           2,000,000   3,000,000            
Cash, cash equivalents, and restricted cash           2,600,315,000   2,600,315,000   $ 1,591,892,000        
Current portion of long-term debt           1,383,959,000   1,383,959,000   62,050,000        
Retained earnings           (1,321,779,000)   (1,321,779,000)   (1,136,777,000)        
Available credit under lines of credit           $ 450,000,000   $ 450,000,000            
5.000% Senior Notes                            
Line of Credit Facility [Line Items]                            
Debt instrument, interest rate       5.00%   5.00%   5.00%            
Aggregate principal amount of senior notes       $ 990,000,000                    
5.000% Senior Notes | Senior Notes, Redemption, Period One                            
Line of Credit Facility [Line Items]                            
Redemption price percentage       100.00%                    
5.000% Senior Notes | Senior Notes, Redemption, Period Two                            
Line of Credit Facility [Line Items]                            
Redemption price percentage       40.00%                    
5.000% Senior Notes | Senior Notes, Redemption, Period Three                            
Line of Credit Facility [Line Items]                            
Redemption price percentage       105.00%                    
Senior Notes                            
Line of Credit Facility [Line Items]                            
Cash, cash equivalents, and restricted cash           $ 990,000,000   $ 990,000,000            
Senior Notes | Subsequent Event                            
Line of Credit Facility [Line Items]                            
Redemption price percentage 100.00%                          
0.50% Finisar Convertible Notes                            
Line of Credit Facility [Line Items]                            
Debt instrument, interest rate           0.50%   0.50%         0.50%  
Redemption price percentage     100.00%                      
Debt instrument, repurchase amount                     $ 14,600,000      
Debt conversion, shares issued (in shares) | shares   45                        
Payment to settle conversion of debt and redeem notes   $ 300,000                        
Amended and Restated Commitment Letter                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount                       $ 4,000,000,000    
0.25% Convertible Senior Notes due 2022                            
Line of Credit Facility [Line Items]                            
Debt instrument, interest rate           0.25% 0.25% 0.25% 0.25%          
Aggregate principal amount of senior notes         $ 345,000,000                  
Interest expense           $ 216,000 $ 216,000 $ 656,000 $ 656,000          
Debt instrument, conversion ratio         0.02125                  
Debt instrument conversion, conversion price per share (in usd per share) | $ / shares         $ 47.06                  
Debt instrument conversion, If-converted value of notes               $ 531,000,000   $ 532,000,000        
Debt instrument conversion, trading days | d         20 20                
Debt instrument conversion, consecutive trading days | d         30 30                
Debt instrument conversion, conversion price percentage         130.00% 130.00%                
Debt instrument conversion, business day period         5 days                  
Debt instrument conversion, measurement period         5 days                  
Debt instrument conversion, measurement period percentage         98.00%                  
Effective interest rate           1.00% 5.00% 1.00% 5.00%          
0.25% Convertible Senior Notes due 2022 | Cumulative Effect, Period of Adoption, Adjustment                            
Line of Credit Facility [Line Items]                            
Current portion of long-term debt                           $ (15,000,000)
Deferred tax liabilities                           3,000,000
Retained earnings                           $ 11,000,000
Bank of America, N.A.                            
Line of Credit Facility [Line Items]                            
Letter of credit sub-facility maximum borrowing capacity           $ 25,000,000   $ 25,000,000            
Swing loan sub-facility maximum initial borrowing capacity           20,000,000   20,000,000            
Senior Secured Credit Facility | Bank of America, N.A.                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount           2,425,000,000   $ 2,425,000,000            
Credit facilities, outstanding amounts become due and payable, prior to maturity of Senior notes, period               120 days            
Term A Loan Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate               1.375%            
Term A Loan Facility | Bank of America, N.A.                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount           1,255,000,000   $ 1,255,000,000            
Debt agreement term               5 years            
Redemption price percentage               1.25%            
Term B Loan Facility | Bank of America, N.A.                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount           720,000,000   $ 720,000,000            
Debt agreement term               7 years            
Revolving Credit Facility                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount       $ 350,000,000                    
Revolving Credit Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       2.00%                    
Revolving Credit Facility | Term A Facility and Revolving Credit Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       0.00%                    
Revolving Credit Facility | Term A Facility and Revolving Credit Facility | LIBOR | Minimum                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       1.75%                    
Revolving Credit Facility | Term A Facility and Revolving Credit Facility | LIBOR | Maximum                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       2.50%                    
Revolving Credit Facility | Bank of America, N.A.                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount           450,000,000   $ 450,000,000            
Debt agreement term               5 years            
Senior Credit Facilities | Fifth Fiscal Quarter Through Eighth Fiscal Quarter After Closing Date                            
Line of Credit Facility [Line Items]                            
Leverage ratio               4.50            
Senior Credit Facilities | Subsequent Fiscal Quarter                            
Line of Credit Facility [Line Items]                            
Leverage ratio               4.00            
Senior Credit Facilities | Minimum                            
Line of Credit Facility [Line Items]                            
Interest coverage ratio               3.00            
Senior Credit Facilities | Maximum | First Four Fiscal Quarters After Closing Date                            
Line of Credit Facility [Line Items]                            
Leverage ratio               5.00            
Senior Credit Facilities | Federal Funds Rate                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate               0.50%            
Senior Credit Facilities | Eurodollar                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate               1.00%            
New Term Loan A Credit Facility                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount       $ 850,000,000                    
New Term Loan A Credit Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       2.00%                    
New Term Loan A Credit Facility | Term A Facility and Revolving Credit Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       0.00%                    
New Term Loan A Credit Facility | Term A Facility and Revolving Credit Facility | LIBOR | Minimum                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       1.75%                    
New Term Loan A Credit Facility | Term A Facility and Revolving Credit Facility | LIBOR | Maximum                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       2.50%                    
New Term Loan B Credit Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       2.75%                    
New Term Loan B Credit Facility | New Term Loan B Credit Facility                            
Line of Credit Facility [Line Items]                            
Interest expense           14,000,000                
New Term Loan B Credit Facility | New Term Loan B Credit Facility | LIBOR                            
Line of Credit Facility [Line Items]                            
Debt instrument, rate added on variable rate       0.50%                    
New Term Facilities                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount       $ 2,800,000,000                    
Bridge Loan                            
Line of Credit Facility [Line Items]                            
Aggregate principal amount of senior notes       $ 990,000,000                    
Interest expense           $ 3,000,000