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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Jun. 30, 2022
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss were as follows:

 
Three months ended June 30, 2022
 
   
Foreign
Currency
Translation
   
Defined
Benefit
Plans
   
Cash Flow
Hedges
   
Total
 
Beginning balance
 
$
(39.1
)
 
$
(111.1
)
 
$
0.7
   
$
(149.5
)
                                 
Other comprehensive income (loss) before reclassifications
   
(23.5
)
   
-
     
(1.2
)
   
(24.7
)
Reclassifications:
                               
Amortization of unrecognized net loss (a)
   
-
     
1.3
     
-
     
1.3
 
Realized gains – net (b)
   
-
     
-
     
(0.4
)
   
(0.4
)
Income taxes
   
-
     
-
     
-
     
-
 
Total other comprehensive income (loss) 
   
(23.5
)
   
1.3
     
(1.6
)
   
(23.8
)
                                 
Ending balance
 
$
(62.6
)
 
$
(109.8
)
 
$
(0.9
)
 
$
(173.3
)

 
Three months ended June 30, 2021
 
   
Foreign
Currency
Translation
   
Defined
Benefit
Plans
   
Cash Flow
Hedges
   
Total
 
Beginning balance
 
$
(31.0
)
 
$
(130.8
)
 
$
0.6
   
$
(161.2
)
                                 
Other comprehensive income before reclassifications
   
5.0
     
-
     
0.3
     
5.3
 
Reclassifications:
                               
Amortization of unrecognized net loss (a)
   
-
     
1.7
     
-
     
1.7
 
Unrecognized net pension loss in disposed business (c)
    -       1.7       -       1.7  
Realized gains – net (b)
   
-
     
-
     
(0.7
)
   
(0.7
)
Income taxes
   
-
     
-
     
-
     
-
 
Total other comprehensive income
   
5.0
     
3.4
     
(0.4
)
   
8.0
 
                                 
Ending balance
 
$
(26.0
)
 
$
(127.4
)
 
$
0.2
   
$
(153.2
)







(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 4 for additional information about the Company’s pension plans.
(b)
Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.
(c)
As a result of the sale of the air-cooled automotive business in Austria, the Company wrote off $1.7 million of net actuarial losses related to its pension plan as a component of the loss on sale recorded during the first quarter of fiscal 2022.  See Note 1 for additional information.