FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Segregation of All Assets and Liabilities Measured at Fair Value on a Recurring Basis

The table below segregates all assets and liabilities that are measured at fair value on a recurring basis (which is measured at least annually) into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date.

	September 30, 2022
	Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)		Total
Assets:
Cash and cash equivalents:
Money market funds	$	16.4	$	—	$	—	$	16.4
Bank-time deposits	206.1		—		—		206.1
Short-term investments:
Corporate bonds	—		311.0		—		311.0
Bank-time deposits	17.3		—		—		17.3
US Treasuries	5.0		—		—		5.0
Commercial paper	—		14.7		—		14.7
Restricted cash and cash equivalents:
Money market funds	523.7		—		—		523.7
Bank-time deposits	0.5		—		—		0.5
Restricted cash and cash equivalents, long term:
Money market funds	109.1		—		—		109.1
Other assets:
Private equity	—		—		26.1		26.1
Total financial assets	$	878.1	$	325.7	$	26.1	$	1,229.9
Liabilities:
Accrued expenses and other current liabilities:
Foreign currency forward contracts	$	—	$	(1.8)	$	—	$	(1.8)
Contingent earn-out consideration	—		—		(52.7)		(52.7)
Other-long term liabilities:
Contingent earn-out consideration	—		—		(4.3)		(4.3)
Long-term debt, net:
Convertible notes	—		(52.9)		—		(52.9)
Total financial liabilities	$	—	$	(54.7)	$	(57.0)	$	(111.7)

 

	March 31, 2022
	Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)		Total
Assets
Cash and cash equivalents:
Bank-time deposits	$	636.0	$	—	$	—	$	636.0
Money market funds	501.9		—		—		501.9
Commercial paper	—		119.4		—		119.4
US Treasuries	52.0		—		—		52.0
Certificates of Deposit	—		10.0		—		10.0
Corporate bonds	—		2.8		—		2.8
Restricted cash and cash equivalents:
Money market funds	356.8		—		—		356.8
Bank-time deposits	0.5		—		—		0.5
Short-term investments:
Corporate bonds	—		538.5		—		538.5
Bank-time deposits	131.8		—		—		131.8
Commercial paper	—		125.4		—		125.4
US Treasuries	23.4		—		—		23.4
Certificates of Deposit	—		1.0		—		1.0
Other assets:
Private equity	—		—		16.1		16.1
Restricted cash and cash equivalents, long term:
Money market funds	103.5		—		—		103.5
Total financial assets	$	1,805.9	$	797.1	$	16.1	$	2,619.1
Liabilities
Accrued expenses and other current liabilities:
Foreign currency forward contracts	—		(0.2)		—		(0.2)
Contingent earn-out consideration	—		—		(66.0)		(66.0)
Other long-term liabilities:
Contingent earn-out consideration	—		—		(43.0)		(43.0)
Total financial liabilities	$	—	$	(0.2)	$	(109.0)	$	(109.2)