XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2021
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | Changes in accumulated other comprehensive loss were as follows:
|  | Three months ended December 31, 2021 |  |  | Nine months ended December 31, 2021 |
|  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |  |  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |
Beginning balance |  | $ | (33.6 | ) |  | $ | (125.8 | ) |  | $ | 0.2 |  |  | $ | (159.2 | ) |  | $ | (31.0 | ) |  | $ | (130.8 | ) |  | $ | 0.6 |  |  | $ | (161.2 | )
Other comprehensive income (loss) before reclassifications |  |  | (3.4 | ) |  |  | - |  |  |  | 0.4 |  |  |  | (3.0 | ) |  |  | (6.0 | ) |  |  | - |  |  |  | 1.1 |  |  |  | (4.9 | )
Reclassifications: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of unrecognized net loss (a) |  |  | - |  |  |  | 1.6 |  |  |  | - |  |  |  | 1.6 |  |  |  | - |  |  |  | 4.9 |  |  |  | - |  |  |  | 4.9 |
Unrecognized net pension loss in disposed business (b) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1.7 |  |  |  | - |  |  |  | 1.7 |
Realized gains - net (c) |  |  | - |  |  |  | - |  |  |  | (0.2 | ) |  |  | (0.2 | ) |  |  | - |  |  |  | - |  |  |  | (1.2 | ) |  |  | (1.2 | )
Income taxes |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (0.1 | ) |  |  | (0.1 | )
Total other comprehensive income (loss) |  |  | (3.4 | ) |  |  | 1.6 |  |  |  | 0.2 |  |  |  | (1.6 | ) |  |  | (6.0 | ) |  |  | 6.6 |  |  |  | (0.2 | ) |  |  | 0.4 |
Ending balance |  | $ | (37.0 | ) |  | $ | (124.2 | ) |  | $ | 0.4 |  |  | $ | (160.8 | ) |  | $ | (37.0 | ) |  | $ | (124.2 | ) |  | $ | 0.4 |  |  | $ | (160.8 | )
|  | Three months ended December 31, 2020 |  |  | Nine months ended December 31, 2020 |
|  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |  |  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |
Beginning balance |  | $ | (38.8 | ) |  | $ | (158.4 | ) |  | $ | 0.4 |  |  | $ | (196.8 | ) |  | $ | (61.4 | ) |  | $ | (160.9 | ) |  | $ | (1.0 | ) |  | $ | (223.3 | )
Other comprehensive income before reclassifications |  |  | 18.0 |  |  |  | - |  |  |  | 0.4 |  |  |  | 18.4 |  |  |  | 40.6 |  |  |  | - |  |  |  | 1.5 |  |  |  | 42.1 |
Reclassifications: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of unrecognized net loss (a) |  |  | - |  |  |  | 1.6 |  |  |  | - |  |  |  | 1.6 |  |  |  | - |  |  |  | 4.9 |  |  |  | - |  |  |  | 4.9 |
Realized (gains) losses - net (c) |  |  | - |  |  |  | - |  |  |  | (0.4 | ) |  |  | (0.4 | ) |  |  | - |  |  |  | - |  |  |  | 0.4 |  |  |  | 0.4 |
Income taxes |  |  | - |  |  |  | (0.3 | ) |  |  | - |  |  |  | (0.3 | ) |  |  | - |  |  |  | (1.1 | ) |  |  | (0.5 | ) |  |  | (1.6 | )
Total other comprehensive income |  |  | 18.0 |  |  |  | 1.3 |  |  |  | - |  |  |  | 19.3 |  |  |  | 40.6 |  |  |  | 3.8 |  |  |  | 1.4 |  |  |  | 45.8 |
Ending balance |  | $ | (20.8 | ) |  | $ | (157.1 | ) |  | $ | 0.4 |  |  | $ | (177.5 | ) |  | $ | (20.8 | ) |  | $ | (157.1 | ) |  | $ | 0.4 |  |  | $ | (177.5 | )
| (a) | Amounts are included in the calculation of net periodic benefit cost for the Company’s defined benefit plans, which include pension and other postretirement plans. See Note 5 for additional information about the Company’s pension plans.
| (b) | As a result of the sale of the air-cooled automotive business, the Company wrote-off $1.7 million of net actuarial losses related to the disposed business’s pension plan as a component of the loss on sale recorded during the first quarter of fiscal 2022. See Note 1 for additional information.
| (c) | Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration