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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 898.7 $ 827.4
Short-term investments 23.5 187.0
Restricted cash and cash equivalents 184.6 307.6
Accounts receivable, net of allowances of $1.2 and $1.3 at December 31, 2023 and March 31, 2023, respectively 666.3 763.2
Software development costs and licenses 69.9 65.9
Contract assets 88.7 79.9
Prepaid expenses and other 286.8 277.1
Total current assets 2,218.5 2,508.1
Fixed assets, net 400.4 402.8
Right-of-use assets 316.6 282.7
Software development costs and licenses, net of current portion 1,444.3 1,072.2
Goodwill 6,614.2 6,767.1
Other intangibles, net 3,546.9 4,453.2
Deferred tax assets 7.1 44.8
Long-term restricted cash and cash equivalents 106.5 99.6
Other assets 241.2 231.6
Total assets 14,895.7 15,862.1
Current liabilities:    
Accounts payable 151.8 140.1
Accrued expenses and other current liabilities 1,022.2 1,225.7
Deferred revenue 1,081.2 1,078.8
Lease liabilities 64.0 60.2
Short-term debt, net 373.2 1,346.8
Total current liabilities 2,692.4 3,851.6
Long-term debt, net 2,708.2 1,733.0
Non-current deferred revenue 61.3 35.5
Non-current lease liabilities 380.7 347.0
Non-current software development royalties 100.8 110.2
Deferred tax liabilities, net 223.0 534.0
Other long-term liabilities 220.7 208.3
Total liabilities 6,387.1 6,819.6
Commitments and contingencies (See Note 11)
Stockholders' equity:    
Preferred stock, $0.01 par value, 5.0 shares authorized; no shares issued and outstanding at December 31, 2023 and March 31, 2023 0.0 0.0
Common stock, $0.01 par value, 300.0 and 300.0 shares authorized; 194.2 and 192.6 shares issued and 170.5 and 168.9 outstanding at December 31, 2023 and March 31, 2023, respectively 1.9 1.9
Additional paid-in capital 9,286.9 9,010.2
Treasury stock, at cost; 23.7 and 23.7 common shares at December 31, 2023 and March 31, 2023, respectively (1,020.6) (1,020.6)
Retained earnings 323.1 1,164.3
Accumulated other comprehensive loss (82.7) (113.3)
Total stockholders' equity 8,508.6 9,042.5
Total liabilities and stockholders' equity $ 14,895.7 $ 15,862.1