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BALANCE FROM CONTRACTS WITH CUSTOMERS
12 Months Ended
Mar. 31, 2020
Revenue From Contracts With Customers1 [Abstract]  
BALANCE FROM CONTRACTS WITH CUSTOMERS
BALANCE FROM CONTRACTS WITH CUSTOMERS
Net contract liabilities are as follows:
 
 
2020

 
2019

Contract assets
$
569.3

$
523.5

Contract liabilities - current
 
(746.2
)
 
(670.2
)
Contract liabilities - non-current

 
(83.3
)
 
(102.5
)
Net contract liabilities
$
(260.2
)
$
(249.2
)

During the year ended March 31, 2020, the Company recognized revenue of $532.2 million (2019 - $599.4 million) that was included in the contract liability balance at the beginning of the year.
During the year ended March 31, 2020, the Company recognized revenue of $29.8 million (2019 - $22.4 million) related to performance obligations satisfied in previous years. This primarily relates to estimate at completion adjustments that impacted revenue and measures of completion.
Remaining performance obligations
As at March 31, 2020, the amount of the revenues expected to be realized in future years from performance obligations that are unsatisfied, or partially unsatisfied, was $4,863.5 million. The Company expects to recognize approximately 41% of these remaining performance obligations as revenue by March 31, 2021, an additional 22% by March 31, 2022 and the balance thereafter.