XML 74 R33.htm IDEA: XBRL DOCUMENT

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

The following are the changes in the carrying value of goodwill for the fiscal years ended 31 March 2021 and 2020:


(Millions of US dollars)	Europe Building Products		Asia Pacific Fiber Cement		Total
Balance - 31 March 2019	$	200.8	$	0.3	$	201.1
Impairment	—		(0.2)		(0.2)
Foreign exchange impact	(3.9)		(0.1)		(4.0)
Balance - 31 March 2020	$	196.9	$	—	$	196.9
Foreign exchange impact	12.4		—		12.4
Balance - 31 March 2021	$	209.3	$	—	$	209.3

Schedule of Indefinite-Lived Intangible Assets

The following are the net carrying amount of indefinite lived intangible assets other than goodwill for the fiscal years ended 31 March 2021 and 2020:


	31 March
(Millions of US dollars)	2021		2020
Tradenames	$	120.6	$	113.5
Other	7.4		7.4
Total	$	128.0	$	120.9

Schedule of Finite-Lived Intangible Assets

The following are the net carrying amount of amortizable intangible assets for the fiscal years ended 31 March 2021 and 2020:


	Year Ended 31 March 2021
(Millions of US dollars)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer Relationships	$	55.2	$	(9.3)	$	45.9
Other	10.9		(10.9)		—
Total	$	66.1	$	(20.2)	$	45.9


	Year Ended 31 March 2020
(Millions of US dollars)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer Relationships	$	51.4	$	(6.4)	$	45.0
Other	11.6		(10.8)		0.8
Total	$	63.0	$	(17.2)	$	45.8

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

At 31 March 2021, the estimated future amortization of intangible assets is as follows:


Years ended 31 March (Millions of US dollars):
2022	$	3.5
2023	4.3
2024	4.7
2025	4.8
2026	5.0