Income Taxes	9 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company is subject to the tax laws of many jurisdictions. Changes in tax laws or the interpretation of tax laws can affect the Company's earnings, as can the resolution of pending and contested tax issues. The consolidated income tax rate is affected by a number of factors, including the mix of domestic and foreign earnings and investments, local tax rates of subsidiaries, repatriation of foreign earnings, the effect of exchange rate changes on deferred taxes, and the Company's ability to utilize foreign tax credits. The consolidated effective income tax rate on pretax earnings was approximately 33% for the quarter and nine months ended December 31, 2013, and approximately 31% for the quarter and nine months ended December 31, 2012. The effective rate for each of the reporting periods was lower than the 35% U.S. federal statutory rate primarily due to the effect of changes in exchange rates on deferred income tax assets and liabilities of foreign subsidiaries. The consolidated effective tax rates for the nine month periods ended December 31, 2013 and 2012 also benefited from a lower net effective tax rate on dividend income from unconsolidated operations.

Income Taxes

9 Months Ended

Dec. 31, 2013

INCOME TAXES

The Company is subject to the tax laws of many jurisdictions. Changes in tax laws or the interpretation of tax laws can affect the Company's earnings, as can the resolution of pending and contested tax issues. The consolidated income tax rate is affected by a number of factors, including the mix of domestic and foreign earnings and investments, local tax rates of subsidiaries, repatriation of foreign earnings, the effect of exchange rate changes on deferred taxes, and the Company's ability to utilize foreign tax credits.

The consolidated effective income tax rate on pretax earnings was approximately 33% for the quarter and nine months ended December 31, 2013, and approximately 31% for the quarter and nine months ended December 31, 2012. The effective rate for each of the reporting periods was lower than the 35% U.S. federal statutory rate primarily due to the effect of changes in exchange rates on deferred income tax assets and liabilities of foreign subsidiaries. The consolidated effective tax rates for the nine month periods ended December 31, 2013 and 2012 also benefited from a lower net effective tax rate on dividend income from unconsolidated operations.