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OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)
 12 Months Ended
Mar. 31, 2024
Disclosure of operating segments [abstract]  
Results by segment
Defense  
Civil Aviationand SecurityTotal
202420232024202320242023
External revenue $2,435.8 $2,166.4 $1,847.0 $1,844.2 $4,282.8 $4,010.6 
Depreciation and amortization272.0 243.4 96.7 86.8 368.7 330.2 
Share of after-tax profit of equity accounted investees60.8 47.0 11.4 6.2 72.2 53.2 
Operating income (loss)442.0 430.3 (627.4)35.7 (185.4)466.0 
Adjusted segment operating income548.9 485.3 0.8 53.1 549.7 538.4 

Reconciliation of adjusted segment operating income is as follows:

Defense  
Civil Aviationand SecurityTotal
202420232024202320242023
Operating income (loss)$442.0 $430.3 $(627.4)$35.7 $(185.4)$466.0 
Restructuring, integration and acquisition costs (Note 6)
106.9 52.0 24.5 10.6 131.4 62.6 
Impairments and other gains and losses arising from
significant strategic transactions or specific events:
Impairment of goodwill (Note 14)
—— 568.0 — 568.0— 
Impairment of technology and other non-financial assets (Note 5)—— 35.7 — 35.7— 
Impairment reversal of non-financial assets following
their repurposing and optimization (Note 6)
—3.0 — 6.8 —9.8 
Adjusted segment operating income$548.9 $485.3 $0.8 $53.1 $549.7 $538.4 

Capital expenditures by segment, which consist of property, plant and equipment expenditures and intangible assets expenditures (excluding those acquired in business combinations), are as follows:

20242023
Civil Aviation $335.3 $329.2 
Defense and Security128.7 53.6 
Discontinued operations (Note 2)
13.7 12.4 
Total capital expenditures$477.7 $395.2 
 
Assets and liabilities employed by segment are reconciled to total assets and liabilities as follows:

20242023
Assets employed
  
Civil Aviation $6,131.8 $5,852.4 
Defense and Security 2,869.3 3,436.2 
Assets not included in assets employed by segment833.0 1,147.9 
Total assets $9,834.1 $10,436.5 
Liabilities employed
  
Civil Aviation$1,260.1 $1,142.0 
Defense and Security 828.1 871.2 
Liabilities not included in liabilities employed by segment3,443.3 3,834.4 
Total liabilities $5,531.5 $5,847.6 
Products and services information
The Company's revenue from external customers for its products and services are as follows:
20242023
Products$1,495.3 $1,396.3 
Training, software and services2,787.5 2,614.3 
Total external revenue$4,282.8 $4,010.6 
Geographic information
The Company markets its products and services globally. Revenues are attributed to geographical regions based on the location of customers. Non-current assets other than financial instruments and deferred tax assets are attributed to geographical regions based on the location of the assets, excluding goodwill. Goodwill is presented by geographical regions based on the Company’s allocation of the related purchase price.
20242023
External revenue  
Canada$460.7 $361.2 
United States2,076.3 2,059.5 
United Kingdom271.1 251.1 
Rest of Americas98.8 86.1 
Europe645.1 559.7 
Asia566.1 603.7 
Oceania and Africa164.7 89.3 
$4,282.8 $4,010.6 
20242023
Non-current assets other than financial instruments, deferred tax assets and employee benefits assets  
Canada$1,527.7 $1,641.2 
United States3,623.5 4,049.8 
United Kingdom360.5 383.9 
Rest of Americas201.9 180.8 
Europe985.5 982.4 
Asia532.0 519.8 
Oceania and Africa108.9 112.5 
$7,340.0 $7,870.4