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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Mar. 31, 2019
Fair Value Measurement [Abstract]  
Disclosure of fair value measurement of assets
The carrying values and fair values of financial instruments, by class, are as follows at March 31, 2019 and 2018:
 
 
 
 
 
2019
 
 
 
2018
 
Level
Carrying Value
 
Fair value
 
Carrying Value
 
Fair value
 
 
 
 
Total

 
Total

 
Total

 
Total

 
 
 
 
 
 
 
Restated
 
Restated
Financial assets (liabilities) carried at FVTPL(1)
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
Level 1
$
446.1

$
446.1

$
611.5

$
611.5

Restricted cash
Level 1
 
27.3

 
27.3

 
31.8

 
31.8

Embedded foreign currency derivatives
Level 2
 
0.1

 
0.1

 
0.9

 
0.9

Equity swap agreements
Level 2
 
10.4

 
10.4

 
1.5

 
1.5

Forward foreign currency contracts
Level 2
 
(2.5
)
 
(2.5
)
 
(2.1
)
 
(2.1
)
Contingent consideration arising on business combinations
Level 3
 
(11.9
)
 
(11.9
)
 
(11.0
)
 
(11.0
)
Derivatives assets (liabilities) designated in a hedge relationship
 
 
 
 
 
 
 
 
Foreign currency swap agreements
Level 2
 
11.1

 
11.1

 
10.6

 
10.6

Forward foreign currency contracts
Level 2
 
(6.5
)
 
(6.5
)
 
(8.7
)
 
(8.7
)
Interest rate swap Agreements

Level 2
 
—

 
—

 
0.1

 
0.1

Financial assets (liabilities) classified as amortized cost
 
 
 
 
 
 
 
 
 
Accounts receivable(2)
Level 2
 
451.7

 
451.7

 
416.0

 
416.0

Investment in finance leases
Level 2
 
91.5

 
103.1

 
93.8

 
101.4

Advances to a portfolio investment
Level 2
 
29.5

 
29.5

 
38.1

 
38.4

Other assets(3)
Level 2
 
25.7

 
25.7

 
30.8

 
30.8

Accounts payable and accrued liabilities(4)
Level 2
 
(770.8
)
 
(770.8
)
 
(588.2
)
 
(588.2
)
Total long-term debt(5)
Level 2
 
(2,335.4
)
 
(2,470.7
)
 
(1,262.9
)
 
(1,322.8
)
Other non-current liabilities(6)
Level 2
 
(164.0
)
 
(184.6
)
 
(156.5
)
 
(177.4
)
Financial assets carried at FVOCI(7)
 
 
 
 
 
 
 
 
 
Equity investments
Level 3
 
3.3

 
3.3

 
1.5

 
1.5

 
 
$
(2,194.4
)
$
(2,338.7
)
$
(792.8
)
$
(865.7
)
(1) FVTPL: Fair value through profit and loss.
(2) Includes trade receivables, accrued receivables and certain other receivables.
(3) Includes non-current receivables and certain other non-current assets.
(4) Includes trade accounts payable, accrued liabilities, interest payable, certain payroll-related liabilities and current royalty obligations.
(5) The carrying value excludes transaction costs.
(6) Includes non-current royalty obligations and other non-current liabilities.
(7) FVOCI: Fair value through other comprehensive income.
Disclosure of fair value measurement of liabilities
The carrying values and fair values of financial instruments, by class, are as follows at March 31, 2019 and 2018:
 
 
 
 
 
2019
 
 
 
2018
 
Level
Carrying Value
 
Fair value
 
Carrying Value
 
Fair value
 
 
 
 
Total

 
Total

 
Total

 
Total

 
 
 
 
 
 
 
Restated
 
Restated
Financial assets (liabilities) carried at FVTPL(1)
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
Level 1
$
446.1

$
446.1

$
611.5

$
611.5

Restricted cash
Level 1
 
27.3

 
27.3

 
31.8

 
31.8

Embedded foreign currency derivatives
Level 2
 
0.1

 
0.1

 
0.9

 
0.9

Equity swap agreements
Level 2
 
10.4

 
10.4

 
1.5

 
1.5

Forward foreign currency contracts
Level 2
 
(2.5
)
 
(2.5
)
 
(2.1
)
 
(2.1
)
Contingent consideration arising on business combinations
Level 3
 
(11.9
)
 
(11.9
)
 
(11.0
)
 
(11.0
)
Derivatives assets (liabilities) designated in a hedge relationship
 
 
 
 
 
 
 
 
Foreign currency swap agreements
Level 2
 
11.1

 
11.1

 
10.6

 
10.6

Forward foreign currency contracts
Level 2
 
(6.5
)
 
(6.5
)
 
(8.7
)
 
(8.7
)
Interest rate swap Agreements

Level 2
 
—

 
—

 
0.1

 
0.1

Financial assets (liabilities) classified as amortized cost
 
 
 
 
 
 
 
 
 
Accounts receivable(2)
Level 2
 
451.7

 
451.7

 
416.0

 
416.0

Investment in finance leases
Level 2
 
91.5

 
103.1

 
93.8

 
101.4

Advances to a portfolio investment
Level 2
 
29.5

 
29.5

 
38.1

 
38.4

Other assets(3)
Level 2
 
25.7

 
25.7

 
30.8

 
30.8

Accounts payable and accrued liabilities(4)
Level 2
 
(770.8
)
 
(770.8
)
 
(588.2
)
 
(588.2
)
Total long-term debt(5)
Level 2
 
(2,335.4
)
 
(2,470.7
)
 
(1,262.9
)
 
(1,322.8
)
Other non-current liabilities(6)
Level 2
 
(164.0
)
 
(184.6
)
 
(156.5
)
 
(177.4
)
Financial assets carried at FVOCI(7)
 
 
 
 
 
 
 
 
 
Equity investments
Level 3
 
3.3

 
3.3

 
1.5

 
1.5

 
 
$
(2,194.4
)
$
(2,338.7
)
$
(792.8
)
$
(865.7
)
(1) FVTPL: Fair value through profit and loss.
(2) Includes trade receivables, accrued receivables and certain other receivables.
(3) Includes non-current receivables and certain other non-current assets.
(4) Includes trade accounts payable, accrued liabilities, interest payable, certain payroll-related liabilities and current royalty obligations.
(5) The carrying value excludes transaction costs.
(6) Includes non-current royalty obligations and other non-current liabilities.
(7) FVOCI: Fair value through other comprehensive income.

Disclosure of changes in level 3 financial instruments
Change in level 3 financial instruments are as follows:
 
 
 
 
2019
Balance, beginning of year
 
 
$
(9.5
)
Total realized and unrealized losses:
 
 
 
 
Included in income
 
 
 
(0.9
)
Issued and settled
 
 
 
1.8

Balance, end of year
 
 
$
(8.6
)