SHORT-TERM INVESTMENTS (Tables)

9 Months Ended

Dec. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule of Short-Term Investments

Our Short-term investments consisted of the following:

	December 31, 2022
			Gross Unrealized
	Cost or Amortized Cost		Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	18.7	$	—	$	—	$	18.7
Available-for-sale securities:
Corporate bonds	250.9		—		(3.7)		247.2
Commercial paper	2.7		—		—		2.7
Total Short-term investments	$	272.3	$	—	$	(3.7)	$	268.6

 

	March 31, 2022
			Gross Unrealized
	Cost or Amortized Cost		Gains		Losses		Fair Value
Short-term investments
Bank time deposits	$	131.8	$	—	$	—	$	131.8
Available-for-sale securities:
Corporate bonds	544.3		—		(5.8)		538.5
US Treasuries	23.4		—		—		23.4
Commercial Paper	125.4		—		—		125.4
Certificates of Deposit	1.0		—		—		1.0
Total Short-term investments	$	825.9	$	—	$	(5.8)	$	820.1

Schedule of the Contracted Maturities of Short-Term Investments

The following table summarizes the contracted maturities of our short-term investments at December 31, 2022:

	December 31, 2022
	Amortized Cost		Fair Value
Short-term investments
Due in 1 year or less	$	269.4	$	265.8
Due in 1 - 2 years	2.9		2.8
Total Short-term investments	$	272.3	$	268.6