DEBT (Tables)

3 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The components of Long-term debt, net on our Condensed Consolidated Balance Sheet were as follows:

	Annual Interest Rate	Maturity Date	June 30, 2024		Fair Value (Level 2)
2026 Notes	5.00%	March 28, 2026	$	550.0	$	546.3
2027 Notes	3.70%	April 14, 2027	600.0		577.1
2028 Notes	4.95%	March 28, 2028	800.0		792.3
2029 Notes	5.40%	June 12, 2029	300.0		302.1
2032 Notes	4.00%	April 14, 2032	500.0		455.4
2034 Notes	5.60%	June 12, 2034	300.0		300.2
2026 Convertible Notes	0.00%	December 15, 2026	25.9		25.9
Total			$	3,075.9	$	2,999.3
Unamortized discount and issuance costs			(21.5)
Long-term debt, net			$	3,054.4

	Annual Interest Rate	Maturity Date	March 31, 2024		Fair Value (Level 2)
2025 Notes	3.55%	April 14, 2025	$	600.0	$	588.9
2026 Notes	5.00%	March 28, 2026	550.0		547.6
2027 Notes	3.70%	April 14, 2027	600.0		576.5
2028 Notes	4.95%	March 28, 2028	800.0		797.8
2032 Notes	4.00%	April 14, 2032	500.0		462.9
2026 Convertible Notes	0.00%	December 15, 2026	25.9		25.9
Total			$	3,075.9	$	2,999.6
Unamortized discount and issuance costs			(17.6)
Long-term debt, net			$	3,058.3

Schedule of Short-term Debt

The components of Short-term debt, net on our Condensed Consolidated Balance Sheet were as follows:

	Annual Interest Rate	Maturity Date	June 30, 2024		Fair Value (Level 2)
2025 Notes	3.55%	April 14, 2025	$	600.0	$	590.5
Total			$	600.0	$	590.5
Unamortized discount and issuance costs			(1.1)
Short-term debt, net			$	598.9

	Annual Interest Rate	Maturity Date	March 31, 2024		Fair Value (Level 2)
2024 Convertible Notes	0.25%	June 1, 2024	$	24.6	$	24.6
Total			$	24.6	$	24.6
Unamortized discount and issuance costs			—
Short-term debt, net			$	24.6

Schedule of Debt

The interest expense as it relates to our debt is recorded within Interest and other, net in our Condensed Consolidated Statements of Operations for the three months ended June 30, 2024, and 2023, respectively, and was as follows:

	Three Months Ended June 30,
	2024		2023
2024 Notes	$	—	$	6.5
2025 Notes	5.3		5.3
2026 Notes	6.9		5.3
2027 Notes	5.6		5.6
2028 Notes	9.9		5.3
2029 Notes	0.8		—
2032 Notes	5.0		5.0
2034 Notes	0.8		—
Term Loan	—		1.5
Total	$	34.3	$	34.5

Schedule of Debt Maturities

The following table outlines the aggregate amount of maturities of our borrowings, as of June 30, 2024:

Fiscal Year Ending March 31,	Maturities
2025 (remaining)	$	—
2026	1,150.0
2027	29.4
2028	1,400.0
2029	—
Thereafter	1,100.0
Total	3,679.4
Fair value adjustments	(3.5)
Total face value	$	3,675.9

Schedule of Information Related to Availability on Credit Agreement

Information related to availability on our 2022 Credit Agreement for each period was as follows:

	June 30, 2024		March 31, 2024
Available borrowings	$	747.8	$	497.7
Outstanding letters of credit	2.2		2.3