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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Dec. 31, 2022
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | Changes in accumulated other comprehensive loss were as follows:
|  | Three months ended December 31, 2022 |  |  | Nine months ended December 31, 2022 |
|  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |  |  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |
Beginning balance |  | $ | (86.0 | ) |  | $ | (108.4 | ) |  | $ | (0.9 | ) |  | $ | (195.3 | ) |  | $ | (39.1 | ) |  | $ | (111.1 | ) |  | $ | 0.7 |  |  | $ | (149.5 | )
Other comprehensive income (loss) before reclassifications |  |  | 22.5 |  |  |  | - |  |  |  | 1.3 |  |  |  | 23.8 |  |  |  | (24.4 | ) |  |  | - |  |  |  | 0.1 |  |  |  | (24.3 | )
Reclassifications: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of unrecognized net loss (a) |  |  | - |  |  |  | 1.3 |  |  |  | - |  |  |  | 1.3 |  |  |  | - |  |  |  | 4.0 |  |  |  | - |  |  |  | 4.0 |
Realized losses – net (b) |  |  | - |  |  |  | - |  |  |  | 0.4 |  |  |  | 0.4 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Income taxes |  |  | - |  |  |  | - |  |  |  | (0.2 | ) |  |  | (0.2 | ) |  |  | - |  |  |  | - |  |  |  | (0.2 | ) |  |  | (0.2 | )
Total other comprehensive income (loss) |  |  | 22.5 |  |  |  | 1.3 |  |  |  | 1.5 |  |  |  | 25.3 |  |  |  | (24.4 | ) |  |  | 4.0 |  |  |  | (0.1 | ) |  |  | (20.5 | )
Ending balance |  | $ | (63.5 | ) |  | $ | (107.1 | ) |  | $ | 0.6 |  |  | $ | (170.0 | ) |  | $ | (63.5 | ) |  | $ | (107.1 | ) |  | $ | 0.6 |  |  | $ | (170.0 | )
|  | 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 |
Realized gains – net (b) |  |  | - |  |  |  | - |  |  |  | (0.2 | ) |  |  | (0.2 | ) |  |  | - |  |  |  | - |  |  |  | (1.2 | ) |  |  | (1.2 | )
Unrecognized net pension loss in disposed business (c) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1.7 |  |  |  | - |  |  |  | 1.7 |
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 | )
| (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.

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