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FINANCE EXPENSE - NET (Tables)
12 Months Ended
Mar. 31, 2019
Analysis of income and expense [abstract]  
Schedule of finance expense - net
   
 
2019

 
2018

 
 
 
 
Restated

Finance expense:
 
 

 
 

Long-term debt (other than finance leases)
$
63.1

$
53.4

Finance leases
 
7.6

 
9.0

Royalty obligations
 
11.9

 
11.9

Employee benefits obligations (Note 14)
 
5.7

 
4.9

Financing cost amortization
 
1.1

 
1.5

Other
 
12.7

 
13.8

Borrowing costs capitalized (1)
 
(5.0
)
 
(3.6
)
Finance expense
$
97.1

$
90.9

Finance income:
 
 

 
 

Loans and finance lease contracts
$
(8.5
)
$
(9.8
)
Other
 
(7.7
)
 
(3.9
)
Finance income
$
(16.2
)
$
(13.7
)
Finance expense – net
$
80.9

$
77.2

(1) The average capitalization rate used during fiscal 2019 to determine the amount of borrowing costs eligible for capitalization was 4.39% (20184.33%).