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Debt (Tables) | 12 Months Ended
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Mar. 31, 2020
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 March 31, 2020 and March 31, 2019:
| March 31, 2020 |  | March 31, 2019
| (Amounts in millions)
Corporate debt: |  |  |
Revolving credit facility | $ | — |  |  | $ | — |
Term Loan A | 712.5 |  |  | 750.0 |
Term Loan B | 965.1 |  |  | 1,107.5 |
5.875% Senior Notes | 518.7 |  |  | 520.0 |
6.375% Senior Notes | 545.6 |  |  | 550.0 |
Total corporate debt | 2,741.9 |  |  | 2,927.5 |
Finance lease obligations | 42.4 |  |  | 45.4 |
Total debt | 2,784.3 |  |  | 2,972.9 |
Unamortized debt issuance costs, net of fair value adjustment on finance lease obligations | (51.3 | ) |  | (68.5 | )
Total debt, net | 2,733.0 |  |  | 2,904.4 |
Less current portion | (68.6 | ) |  | (53.6 | )
Non-current portion of debt | $ | 2,664.4 |  |  | $ | 2,850.8 |
Future Annual Contractual Principal Payment Commitments of Debt | The following table sets forth future annual contractual principal payment commitments of debt as of March 31, 2020:
|  | Maturity Date |  | Year Ending March 31,
Debt Type |  |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | Thereafter |  | Total
|  |  |  | (Amounts in millions)
Revolving Credit Facility |  | March 2023 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Term Loan A |  | March 2023 |  | 52.5 |  |  | 75.0 |  |  | 585.0 |  |  | — |  |  | — |  |  | — |  |  | 712.5 |
Term Loan B |  | March 2025 |  | 12.5 |  |  | 12.5 |  |  | 12.5 |  |  | 12.5 |  |  | 915.1 |  |  | — |  |  | 965.1 |
5.875% Senior Notes |  | November 2024 |  | — |  |  | — |  |  | — |  |  | — |  |  | 518.7 |  |  | — |  |  | 518.7 |
6.375% Senior Notes |  | February 2024 |  | — |  |  | — |  |  | — |  |  | 545.6 |  |  | — |  |  | — |  |  | 545.6 |
Finance lease obligations |  | Various |  | 3.0 |  |  | 0.9 |  |  | 0.9 |  |  | 1.0 |  |  | 1.0 |  |  | 35.6 |  |  | 42.4 |
|  |  |  | $ | 68.0 |  |  | $ | 88.4 |  |  | $ | 598.4 |  |  | $ | 559.1 |  |  | $ | 1,434.8 |  |  | $ | 35.6 |  |  | 2,784.3 |
Less aggregate unamortized debt issuance costs, net of fair value adjustment on finance lease obligations |  |  |  |  |  |  |  |  |  |  |  |  |  | (51.3 | )
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,733.0 |
Summary of Loss on Extinguishment of Debt and Debt Issuance Costs | During the years ended March 31, 2020 and 2019, the Company recorded a gain (loss) on extinguishment of debt related to the transactions discussed above, as presented below:
| Year Ended March 31,
| 2020 |  | 2019
Gain (loss) on extinguishment of debt: |  |  |
Senior Notes repurchases | $ | 1.1 |  |  | $ | — |
Term Loan B repurchases | 5.7 |  |  | — |
Term Loan B prepayments | (1.4 | ) |  | (1.9 | )
| $ | 5.4 |  |  | $ | (1.9 | )
During the year ended March 31, 2018, the Company recorded a loss on extinguishment of debt associated with the debt refinancing transactions in fiscal 2018, as discussed above. The following table summarizes the accounting for the debt issuance costs incurred and the related loss on extinguishment of debt recorded:
| Year Ended March 31, 2018
| Loss on Extinguishment of Debt |  | Capitalized & Amortized Over Life of New Issuances |  | Total
| (Amounts in millions)
New debt issuance costs | $ | 11.0 |  |  | $ | 11.6 |  |  | $ | 22.6 |
Previously incurred debt issuance costs or unamortized discount | 24.7 |  |  |  |  |
Total | $ | 35.7 |  |  |  |  |

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