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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Dec. 31, 2023
Accumulated Other Comprehensive Loss [Abstract] |
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.

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