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Employee Benefit Plans (Tables)
12 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Schedule of Changes in Projected Benefit Obligations
The change in projected benefit obligation and the accumulated benefit obligation, were as follows (in millions):
Fiscal Year Ended March 31,
20222021
Projected benefit obligation at the beginning of the year$83.0 $70.0 
Service cost1.8 1.6 
Interest cost0.7 1.0 
Actuarial (gains) losses(5.4)8.2 
Benefits paid(1.5)(1.5)
Foreign currency exchange rate changes(4.0)3.7 
Projected benefit obligation at the end of the year$74.6 $83.0 
Accumulated benefit obligation at the end of the year$68.0 $76.3 
Weighted average assumptions:
Discount rate1.59 %0.93 %
Rate of compensation increase3.03 %3.01 %
Schedule of Expected Benefit Payments
Future estimated expected benefit payments for fiscal year 2023 through 2032 are as follows (in millions):
Fiscal Year Ending March 31,Amount
2023$1.6 
20241.9 
20252.1 
20262.4 
20272.2 
2028 through 2032
14.9 
Total$25.1