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Employee Benefit Plans
12 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Defined Benefit Plans

The Company has defined benefit pension plans that cover certain of its foreign employees. Most of these defined pension plans, which were acquired in prior acquisitions, are unfunded. Plan benefits are provided in accordance with local statutory requirements and are based on years of service and employee compensation levels.

The change in projected benefit obligation and the accumulated benefit obligation was immaterial for fiscal 2025 and fiscal 2024. As of March 31, 2025, the Company has recorded $74.5 million related to the pension plans in the consolidated balance sheets.
Future estimated expected benefit payments for fiscal year 2026 through 2035 are as follows (in millions):

Fiscal Year Ending March 31,Amount
2026$11.2 
20276.7 
20286.0 
20296.9 
20306.9 
2031 through 2035
46.2 
Total$83.9