XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Accumulated Other Comprehensive Loss | 9 Months Ended
--- | ---
Dec. 31, 2023
Accumulated Other Comprehensive Loss [Abstract] |
Accumulated Other Comprehensive Loss | Note 19: Accumulated Other Comprehensive Loss Changes in accumulated other comprehensive loss were as follows:
|  | Three months ended December 31, 2023 |  |  | Nine months ended December 31, 2023 |
|  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |  |  | Foreign Currency Translation |  |  | Defined Benefit Plans |  |  | Cash Flow Hedges |  |  | Total |
Beginning balance |  | $ | (70.8 | ) |  | $ | (102.8 | ) |  | $ | (0.1 | ) |  | $ | (173.7 | ) |  | $ | (57.5 | ) |  | $ | (104.4 | ) |  | $ | 0.8 |  |  | $ | (161.1 | )
Other comprehensive income (loss) before reclassifications |  |  | 19.3 |  |  |  | - |  |  |  | 0.6 |  |  |  | 19.9 |  |  |  | 6.0 |  |  |  | - |  |  |  | 0.2 |  |  |  | 6.2 |
Reclassifications: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of unrecognized net loss (a) |  |  | - |  |  |  | 1.0 |  |  |  | - |  |  |  | 1.0 |  |  |  | - |  |  |  | 3.1 |  |  |  | - |  |  |  | 3.1 |
Unrecognized net pension gain in disposed businesses (b) |  |  | - |  |  |  | (0.6 | ) |  |  | - |  |  |  | (0.6 | ) |  |  | - |  |  |  | (0.6 | ) |  |  | - |  |  |  | (0.6 | )
Realized losses (gains) – net (c) |  |  | - |  |  |  | - |  |  |  | 0.1 |  |  |  | 0.1 |  |  |  | - |  |  |  | - |  |  |  | (0.7 | ) |  |  | (0.7 | )
Income taxes |  |  | - |  |  |  | (0.3 | ) |  |  | (0.2 | ) |  |  | (0.5 | ) |  |  | - |  |  |  | (0.8 | ) |  |  | 0.1 |  |  |  | (0.7 | )
Total other comprehensive income (loss) |  |  | 19.3 |  |  |  | 0.1 |  |  |  | 0.5 |  |  |  | 19.9 |  |  |  | 6.0 |  |  |  | 1.7 |  |  |  | (0.4 | ) |  |  | 7.3 |
Ending balance |  | $ | (51.5 | ) |  | $ | (102.7 | ) |  | $ | 0.4 |  |  | $ | (153.8 | ) |  | $ | (51.5 | ) |  | $ | (102.7 | ) |  | $ | 0.4 |  |  | $ | (153.8 | )
|  | 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 (c) |  |  | - |  |  |  | - |  |  |  | 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 | )
| (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 three automotive businesses based in Germany, the Company wrote-off $0.6 million of net actuarial gains related to the disposal group’s pension plans. See Note 2 for additional information regarding the sale.
| (c) | Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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