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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss), Net of Tax ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table summarizes the changes in the balances for each component of accumulated other comprehensive income (loss) attributable to the Company for the fiscal years ended March 31, 2025, 2024, and 2023:
Fiscal Year Ended March 31,
202520242023
Foreign currency translation:
Balance at beginning of year$(44,815)$(44,233)$(40,965)
Other comprehensive income (loss) attributable to Universal Corporation:
Net gain (loss) on foreign currency translation1,750 (1,531)(3,166)
Less: Net loss on foreign currency translation attributable to noncontrolling interests426 949 (102)
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes2,176 (582)(3,268)
Balance at end of year$(42,639)$(44,815)$(44,233)
Foreign currency hedge:
Balance at beginning of year$(616)$4,899 $3,579 
Other comprehensive income (loss) attributable to Universal Corporation:
Net gain (loss) on derivative instruments (net of tax (expense) benefit of $1,440, $17
and $(1,160))
(4,860)(187)2,562 
Reclassification of net (gain) loss to earnings (net of tax expense (benefit) of $(75), $1,718,
and $389)(1)
562 (5,328)(1,242)
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes(4,298)(5,515)1,320 
Balance at end of year$(4,914)$(616)$4,899 
Interest rate hedge:
Balance at beginning of year$8,488 $5,253 $(860)
Other comprehensive income (loss) attributable to Universal Corporation:
Net gain (loss) on derivative instruments (net of tax (expense) benefit of $65, $(4,035),
and $(2,583))
(183)11,340 7,220 
Reclassification of net (gain) loss to earnings (net of tax expense (benefit) of $1,958, $2,884,
and $396)(2)
(5,471)(8,105)(1,107)
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes(5,654)3,235 6,113 
Balance at end of year$2,834 $8,488 $5,253 
Pension and other postretirement benefit plans:
Balance at beginning of year$(44,642)$(42,976)$(46,065)
Other comprehensive income (loss) attributable to Universal Corporation:
Net gain (loss) arising during the year (net of tax (expense) benefit of $243, $149, and $(370))(3)
(1,008)(430)1,947 
Recognition of net actuarial loss for pension settlement, (net of tax benefit of $(3,257)) (4)
10,844 — — 
Amortization included in earnings (net of tax benefit of $158, $339, and $223)(5)
(526)(1,236)1,142 
Other comprehensive income (loss) attributable to Universal Corporation, net of income taxes9,310 (1,666)3,089 
Balance at end of year$(35,332)$(44,642)$(42,976)
Total accumulated other comprehensive income (loss) at end of year$(80,051)$(81,585)$(77,057)
(1)    Gains (losses) on foreign currency cash flow hedges related to forecast purchases of tobacco and crop input sales are reclassified from accumulated other comprehensive income (loss) to cost of goods sold when the tobacco is sold to customers. See Note 10 for additional information.
(2)    Gain (loss) on interest rate cash flow hedges is reclassified from accumulated other comprehensive income (loss) to interest expense when the related interest payments are made on the debt for open interest rate swap agreements or as amortized to interest expense over the period to original maturity for terminated swap agreements. See Note 10 for additional information.
(3)    These items arise from the remeasurement of the assets and liabilities of the Company’s defined benefit pension and other postretirement benefit plans. Those remeasurements are made on an annual basis at the end of the fiscal year. See Note 12 for additional information.
(4)    The Company purchased a non-participating annuity for a limited group of retirees currently receiving benefit payments in the Company’s qualified domestic defined benefit plan. The transaction triggered settlement accounting that required immediate recognition of a portion of the accumulated other comprehensive losses associated with the qualified defined benefit plan. See Note 12 for additional information.
(5)    This accumulated other comprehensive income (loss) component is included in the computation of net periodic benefit cost. See Note 12 for additional information.