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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:      
Net income $ 14.5 $ 42.7 $ 181.8
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 63.1 13.1 6.6
Amortization of films and television programs and program rights 1,414.0 1,029.1 900.0
Interest on dissenters' liability 15.5 0.0 0.0
Discount and financing costs amortization 12.9 9.2 12.8
Non-cash share-based compensation 76.9 77.9 79.9
Other non-cash items 4.3 2.0 0.0
Distribution from equity method investee 14.0 0.0 7.8
Gain on Starz investment (20.4) 0.0 0.0
Loss on extinguishment of debt 40.4 0.0 11.7
Equity interests income (10.7) (44.2) (52.5)
Deferred income taxes (benefit) (163.4) (85.1) 13.9
Changes in operating assets and liabilities:      
Restricted cash 0.1 (0.4) 6.4
Accounts receivable, net (83.0) (144.9) (14.0)
Investment in films and television programs and program rights, net (1,092.0) (1,066.4) (1,012.3)
Other assets (4.8) (13.4) (5.3)
Accounts payable and accrued liabilities 152.9 28.9 (5.1)
Participations and residuals 205.3 134.9 2.7
Film obligations 17.1 (30.7) (25.0)
Deferred revenue (98.1) 28.3 (12.9)
Net Cash Flows Provided By (Used In) Operating Activities 558.6 (19.0) 96.5
Investing Activities:      
Proceeds from the sale of equity method investees 0.0 0.0 14.5
Investment in equity method investees and other (20.6) (16.8) (52.7)
Distributions from equity method investees 3.1 0.0 0.0
Purchase of Starz, net of cash acquired of $73.4 (see Note 3) (1,102.6) 0.0 0.0
Purchase of Pilgrim Media Group, net of cash acquired of $15.8 (see Note 3) 0.0 (126.9) 0.0
Capital expenditures (25.2) (18.4) (17.0)
Net Cash Flows Used In Investing Activities (1,145.3) (162.1) (55.2)
Financing Activities:      
Debt - borrowings 4,002.8 629.5 1,149.2
Debt - repayments (2,766.9) (444.5) (1,105.6)
Production loans - borrowings 296.0 572.6 631.7
Production loans - repayments (632.6) (483.1) (449.6)
Repurchase of common shares 0.0 (73.2) (144.8)
Dividends paid (26.8) (47.5) (33.4)
Distributions to noncontrolling interest (6.9) 0.0 0.0
Exercise of stock options 25.4 6.1 6.8
Tax withholding required on equity awards (40.9) (24.2) (20.1)
Net Cash Flows Provided By Financing Activities 850.1 135.7 34.2
Net Change In Cash And Cash Equivalents 263.4 (45.4) 75.5
Foreign Exchange Effects on Cash 0.8 0.4 1.5
Cash and Cash Equivalents - Beginning Of Period 57.7 102.7 25.7
Cash and Cash Equivalents - End Of Period $ 321.9 $ 57.7 $ 102.7