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DEBT (Tables)
9 Months Ended
Dec. 31, 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 RateMaturity DateDecember 31, 2024Fair Value (Level 2)
2026 Notes5.00%March 28, 2026$550.0 $551.9 
2027 Notes3.70%April 14, 2027600.0 586.2 
2028 Notes4.95%March 28, 2028800.0 799.9 
2029 Notes5.40%June 12, 2029300.0 304.2 
2032 Notes4.00%April 14, 2032500.0 462.4 
2034 Notes5.60%June 12, 2034300.0 303.1 
2026 Convertible Notes0.00%December 15, 202627.1 27.1 
Total$3,077.1 $3,034.8 
Unamortized discount and issuance costs(18.8)
Long-term debt, net$3,058.3 
 Annual Interest RateMaturity DateMarch 31, 2024Fair Value (Level 2)
2025 Notes3.55%April 14, 2025$600.0 $588.9 
2026 Notes5.00%March 28, 2026550.0 547.6 
2027 Notes3.70%April 14, 2027600.0 576.5 
2028 Notes4.95%March 28, 2028800.0 797.8 
2032 Notes4.00%April 14, 2032500.0 462.9 
2026 Convertible Notes0.00%December 15, 202625.9 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 RateMaturity DateDecember 31, 2024Fair Value (Level 2)
2025 Notes3.55%April 14, 2025$600.0 $597.7 
Total$600.0 $597.7 
Unamortized discount and issuance costs(0.4)
Short-term debt, net$599.6 
 Annual Interest RateMaturity DateMarch 31, 2024Fair Value (Level 2)
2024 Convertible Notes0.25%June 1, 2024$24.6 $24.6 
Total$24.6 $24.6 
Unamortized discount and issuance costs— 
Short-term debt, net$24.6 
Schedule of Debt
The interest expense as it relates to our debt is recorded within Interest and other, net in our Condensed Consolidated Statements of Operations for the three and nine months ended December 31, 2024 and 2023, respectively, and was as follows:
Three Months Ended December 31,Nine Months Ended December 31,
2024202320242023
2024 Notes$— $2.8 $— $12.2 
2025 Notes5.3 5.3 16.0 16.0 
2026 Notes6.9 6.2 20.6 17.8 
2027 Notes5.6 5.6 16.7 16.7 
2028 Notes9.9 6.2 29.7 17.7 
2029 Notes4.1 — 8.9 — 
2032 Notes5.0 5.0 15.0 15.0 
2034 Notes4.2 — 9.2 — 
Term Loan— — — 1.5 
Total$41.0 $31.1 $116.1 $96.9 
Schedule of Debt Maturities
The following table outlines the aggregate amount of maturities of our borrowings, as of December 31, 2024:
Fiscal Year Ending March 31,Maturities
2025 (remaining)$— 
20261,150.0 
202729.4 
20281,400.0 
2029— 
Thereafter1,100.0 
Total3,679.4 
Fair value adjustments(2.3)
Total face value$3,677.1 
Schedule of Information Related to Availability on Credit Agreement
Information related to availability on our 2022 Credit Agreement for each period was as follows:
December 31, 2024March 31, 2024
Available borrowings$747.8 $497.7 
Outstanding letters of credit2.2 2.3