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Operating Segment Information and Concentrations of Risk (Tables)
 12 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Summary of Operating Segments
The following is the Company’s operating segment information: 
 Net Sales
Years Ended 31 March
(Millions of US dollars)202120202019
North America Fiber Cement$2,040.2 $1,816.4 $1,676.9 
Asia Pacific Fiber Cement458.2 418.4 446.8 
Europe Building Products410.3 371.4 368.3 
Other Businesses— 0.6 14.6 
Worldwide total$2,908.7 $2,606.8 $2,506.6 
 Income Before Income Taxes
Years Ended 31 March
(Millions of US dollars)202120202019
North America Fiber Cement$585.5 $429.3 $382.5 
Asia Pacific Fiber Cement124.8 58.5 99.8 
Europe Building Products37.6 11.2 10.0 
Other Businesses— — (30.9)
Research and Development(28.9)(27.0)(29.0)
Segments total719.0 472.0 432.4 
General Corporate(246.2)(129.5)(80.8)
Total operating income472.8 342.5 351.6 
Depreciation and Amortization
Years ended 31 March
(Millions of US dollars)202120202019
North America Fiber Cement$89.1 $88.7 $80.2 
Asia Pacific Fiber Cement13.9 12.7 12.8 
Europe Building Products28.0 25.6 18.7 
Other Businesses— 0.2 2.3 
General Corporate2.8 3.2 4.3 
Research and Development1.2 1.1 1.1 
Total$135.0 $131.5 $119.4 
 Total Identifiable Assets
31 March
(Millions of US dollars)20212020
North America Fiber Cement$1,273.9 $1,320.0 
Asia Pacific Fiber Cement371.0 314.3 
Europe Building Products762.1 748.5 
Research and Development10.3 8.6 
Segments total2,417.3 2,391.4 
General Corporate 1
1,671.7 1,636.9 
Worldwide total$4,089.0 $4,028.3 
Summary of Geographical Information
The following is the Company’s geographical information:
 Net Sales
Years Ended 31 March
(Millions of US dollars)202120202019
North America 2
$2,040.2 $1,817.0 $1,691.5 
Australia321.9 290.4 315.1 
Germany143.0 135.7 137.1 
New Zealand81.9 72.2 79.1 
Other Countries 3
321.7 291.5 283.8 
Worldwide total$2,908.7 $2,606.8 $2,506.6 
   
 Total Identifiable Assets
31 March
(Millions of US dollars) 20212020
North America 2
$1,279.4 $1,324.8 
Australia256.7 220.0 
Germany527.6 519.3 
New Zealand46.3 32.4 
Other Countries 3
307.3 294.9 
Segments total2,417.3 2,391.4 
General Corporate 1
1,671.7 1,636.9 
Worldwide total$4,089.0 $4,028.3 
____________
1.Included in General Corporate are deferred tax assets for each operating segment that are not held directly accountable for deferred income taxes and Asbestos-related assets.
2.The amounts disclosed for North America are substantially all related to the USA.
3.Included are all other countries that account for less than 5% of net sales and total identifiable assets individually, primarily in the Philippines, Switzerland and other European countries.
 Years Ended 31 March
(Millions of US dollars)202120202019
North America Fiber Cement$5.6 $5.3 $6.5 
Asia Pacific Fiber Cement1.1 1.8 2.1 
Europe Building Products1.6 1.7 2.6 
Research and Development26.0 24.0 26.7 
$34.3 $32.8 $37.9 
The following represents the Asset impairments by segment for the fiscal year ended 31 March 2020:
(Millions of US dollars)North America Fiber CementAsia Pacific Fiber CementEurope Building ProductsGeneral CorporateTotal
Property, plant and equipment 1
$41.2 $15.0 $5.5 $— $61.7 
Right-of-use assets 2
— 11.2 — — 11.2 
Intangible assets— — — 1.4 1.4 
Inventories 3
— 2.9 — — 2.9 
Goodwill— 0.2 — — 0.2 
Asset Retirement Obligations 4
— 5.8 — — 5.8 
Other— 1.2 — — 1.2 
$41.2 $36.3 $5.5 $1.4 $84.4 
1 Excludes US$2.8 million of impairment charges in North America Fiber Cement segment on individual assets that were included in Cost of goods sold. Refer to Note 7 for further details.
2 Relates to the closure of the Penrose, New Zealand plant
 3 The US$2.9 million charge primarily relates to the estimated costs associated with pallets and raw materials, with the closing of the New Zealand plant and exit of James Hardie Systems.
4 The total Asset Retirement Obligation balance at 31 March 2020 of US$8.0 million is recorded in the Asia Pacific Fiber Cement segment in Other liabilities - non-current and relates to the New Zealand plant. This balance is inclusive of the impairment amount above.
Summary of Gross Sales by Major Customers The following is net sales generated by this customer, which is from the North America Fiber Cement segment:
 Years Ended 31 March
(Millions of US dollars)202120202019
Customer A$347.3 12.0 %$306.0 12.0 %$260.5 10.4 %