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Leases (Tables)
3 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Lease Cost
The components of lease cost were as follows:
 
Three Months Ended
 
June 30,
 
2019
 
(Amounts in millions)
Operating lease cost(1)
$
8.4

 
 
Finance lease cost
 
Amortization of right-of-use assets
0.8

Interest on lease liabilities
0.9

Total finance lease cost
1.7

 
 
Short-term lease cost(1)(2)
30.2

Total lease cost
$
40.3

___________________
(1)
Amounts include costs capitalized during the period for leased assets used in the production of film and television programs.
(2)
Short-term lease cost primarily consists of leases of facilities and equipment associated with film and television productions.
 
June 30,
2019
Weighted average remaining lease term (in years):
 
Operating leases
6.7

Finance leases
21.9

 
 
Weighted average discount rate:
 
Operating leases
4.11
%
Finance leases
6.42
%

Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases was as follows:
 
Three Months Ended
 
June 30,
 
2019
 
(Amounts in millions)
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
9.0

Financing cash flows from financing leases
0.7


Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases was as follows:
Category
 
Balance Sheet
 
June 30,
2019
Operating Leases
 
 
 
(Amounts in millions)
Right-of-use assets
 
Other assets - non-current
 
$
151.5

 
 
 
 
 
Lease liabilities (current)
 
Accounts payable and accrued liabilities
 
$
29.0

Lease liabilities (non-current)
 
Other liabilities - non-current
 
150.9

 
 
 
 
$
179.9

Finance Leases
 
 
 
 
Right-of-use assets
 
Property and equipment, net
 
$
49.5

 
 
 
 
 
Lease liabilities (current)
 
Debt - short-term portion
 
$
3.0

Lease liabilities (non-current)
 
Debt - non-current
 
41.7

 
 
 
 
$
44.7


Maturity of Finance Lease Liabilities
The expected future payments relating to the Company's operating and finance lease liabilities at June 30, 2019 are as follows:
 
Operating Leases
 
Finance Leases
 
(Amounts in millions)
Nine months ending March 31, 2020
$
26.9

 
$
4.8

Year ending March 31,
 
 
 
2021
35.2

 
6.2

2022
32.5

 
3.9

2023
32.1

 
3.9

2024
20.1

 
3.9

Thereafter
60.2

 
73.5

Total lease payments
207.0

 
96.2

Less imputed interest
(27.1
)
 
(51.5
)
Total
$
179.9

 
$
44.7


Maturity of Operating Lease Liabilities
The expected future payments relating to the Company's operating and finance lease liabilities at June 30, 2019 are as follows:
 
Operating Leases
 
Finance Leases
 
(Amounts in millions)
Nine months ending March 31, 2020
$
26.9

 
$
4.8

Year ending March 31,
 
 
 
2021
35.2

 
6.2

2022
32.5

 
3.9

2023
32.1

 
3.9

2024
20.1

 
3.9

Thereafter
60.2

 
73.5

Total lease payments
207.0

 
96.2

Less imputed interest
(27.1
)
 
(51.5
)
Total
$
179.9

 
$
44.7