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Leases (Tables) | 12 Months Ended
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Mar. 31, 2025
Leases [Abstract] |
Leases Included as a Component of Balance Sheet | The Company's leases are included as a component of the following balance sheet lines (in millions):
|  | March 31,
| 2025 |  | 2024
| Other assets: |  |  |
| ROU assets | $ | 146.3 |  |  | $ | 156.3 |
| Total lease assets | $ | 146.3 |  |  | $ | 156.3 |
| Accrued liabilities: |  |  |
| Current portion of lease liabilities | $ | 35.7 |  |  | $ | 32.6 |
| Other long-term liabilities: |  |  |
| Non-current portion of lease liabilities | 115.1 |  |  | 128.7 |
| Total lease liabilities | $ | 150.8 |  |  | $ | 161.3 |
Schedule of Operating Lease Liability Maturities | The following table presents the maturities of lease liabilities as of March 31, 2025 (in millions):
Fiscal year ending March 31, |  | Operating Leases
2026 |  | $ | 43.0 |
2027 |  | 39.7 |
2028 |  | 28.8 |
2029 |  | 18.7 |
2030 |  | 15.5 |
Thereafter |  | 25.2 |
Total lease payments |  | 170.9 |
Less: Imputed lease interests |  | 20.1 |
Total lease liabilities |  | $ | 150.8 |
Schedule of Lease Expense | The Company's weighted-average remaining lease-term and weighted-average discount rate at March 31, 2025 are as follows:
Weighted average remaining lease-term (years) | 4.90
Weighted average discount rate | 4.55 | %
The Company's total lease expense is as follows (in millions):
|  |  |  | Fiscal Year Ended March 31,
|  |  |  |  |  | 2025 |  | 2024 | 2023
Operating lease expense |  |  |  |  |  | $ | 61.8 |  |  | $ | 60.4 |  | $ | 56.6 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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