v3.22.4
Share-Based Compensation
 9 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
 
The following table presents the details of the Company's share-based compensation expense (in millions):
Three Months Ended December 31,Nine Months Ended December 31,
2022202120222021
Cost of sales(1)
$6.9 $8.4 $21.1 $26.3 
Research and development21.2 23.4 61.1 76.1 
Selling, general and administrative15.9 19.1 44.3 60.8 
Pre-tax effect of share-based compensation44.0 50.9 126.5 163.2 
Income tax benefit9.4 10.8 27.0 34.6 
Net income effect of share-based compensation$34.6 $40.1 $99.5 $128.6 
 
(1) During the three and nine months ended December 31, 2022, $5.0 million and $14.5 million, respectively, of share-based compensation expense was capitalized to inventory and $6.9 million and $21.1 million, respectively, of previously capitalized share-based compensation expense in inventory was sold. During the three and nine months ended December 31, 2021, $5.3 million and $16.4 million, respectively, of share-based compensation expense was capitalized to inventory and $8.4 million and $26.3 million, respectively, of previously capitalized share-based compensation expense in inventory was sold.