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Debt (Tables)

6 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Debt, Excluding Film Obligations and Production Loans

Total debt of the Company, excluding film obligations and production loans, was as follows as of September 30, 2018 and March 31, 2018:

	September 30, 2018				March 31, 2018
	(Amounts in millions)
Corporate debt:
Revolving Credit Facility	$	—			$	—
Term Loan A(1)	750.0				750.0
Term Loan B(1)	1,243.8				1,250.0
5.875% Senior Notes	520.0				520.0
Total corporate debt	2,513.8				2,520.0
Convertible senior subordinated notes(2)	—				60.0
Capital lease obligations	47.0				50.5
Total debt	2,560.8				2,630.5
Unamortized discount and debt issuance costs, net of fair value adjustment on capital lease obligations	(67.5		)		(73.1		)
Total debt, net	2,493.3				2,557.4
Less current portion	(35.3		)		(79.1		)
Non-current portion of debt	$	2,458.0			$	2,478.3

_____________________

(1) To manage interest rate risk on certain of its LIBOR-based floating-rate corporate debt, as of September 30, 2018. the Company has entered into three interest rate swaps to effectively convert the floating interest rates to fixed interest rates on a $1.5 billion notional amount (see Note 17 for further information).

(2) On April 15, 2018, the 1.25% convertible senior subordinated notes due April 2018 (the "April 2013 1.25% Notes") matured, and upon maturity, the Company repaid the outstanding principal amount, together with accrued and unpaid interest.

Schedule of Interest Expense

The table below sets forth the composition of the Company’s interest expense for the three and six months September 30, 2018 and 2017:

	Three Months Ended								Six Months Ended
	September 30,								September 30,
	2018				2017				2018				2017
	(Amounts in millions)
Interest expense
Cash interest	$	35.8			$	31.8			$	68.2			$	66.3
Amortization of debt discount and financing costs	3.0				3.0				6.0				7.5
	38.8				34.8				74.2				73.8
Interest on dissenting shareholders' liability (see Note 16)	16.7				13.9				32.6				27.2
Total interest expense	$	55.5			$	48.7			$	106.8			$	101.0

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