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Fair Value Measurements (Tables)
 3 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Assets and Liabilities Required to be Carried at Fair Value on a Recurring Basis
The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of June 30, 2019 and March 31, 2019:
 
June 30, 2019
 
March 31, 2019
 
Level 1
 
Level 2
 
Total
 
Level 1
 
Level 2
 
Total
Assets:
(Amounts in millions)
Available-for-sale equity securities
$
1.3

 
$
—

 
$
1.3

 
$
1.2

 
$
—

 
$
1.2

Forward exchange contracts (see Note 17)
—

 
1.4

 
1.4

 
—

 
1.5

 
1.5

 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Forward exchange contracts (see Note 17)
—

 
(0.5
)
 
(0.5
)
 
—

 
(0.6
)
 
(0.6
)
Interest rate swaps (see Note 17)
—

 
(109.5
)
 
(109.5
)
 
—

 
(63.6
)
 
(63.6
)
 
$
1.3

 
$
(108.6
)
 
$
(107.3
)
 
$
1.2

 
$
(62.7
)
 
$
(61.5
)
Carrying Values and Fair Values of Assets and Liabilities Not Required to be Carried at Fair Value on a Recurring Basis
The following table sets forth the carrying values and fair values of the Company’s outstanding debt at June 30, 2019 and March 31, 2019:
 
 
June 30, 2019
 
March 31, 2019
 
(Amounts in millions)
 
Carrying
Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
 
 
(Level 2)
 
 
 
(Level 2)
Liabilities(2):
 
 
 
 
 
 
 
Term Loan A
$
725.0

 
$
732.3

 
$
733.3

 
$
742.5

Term Loan B
1,088.7

 
1,094.7

 
1,091.2

 
1,088.1

5.875% Senior Notes
503.4

 
533.0

 
502.8

 
534.3

6.375% Senior Notes
542.0

 
574.8

 
541.4

 
576.1

Production loans
380.5

 
381.4

 
385.4

 
386.4


________________
(1)
The Company measures the fair value of its outstanding debt using discounted cash flow techniques that use observable market inputs, such as LIBOR-based yield curves, swap rates, and credit ratings (Level 2 measurements).