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Debt (Tables)
 12 Months Ended
Mar. 31, 2021
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, 2021 and March 31, 2020:
 March 31,
2021		March 31,
2020
 (Amounts in millions)
Corporate debt:
Revolving credit facility(1)
$— $— 
Term Loan A(1)
660.0 712.5 
Term Loan B(1)
952.6 965.1 
5.875% Senior Notes(2)
518.7 518.7 
6.375% Senior Notes(2)
545.6 545.6 
Total corporate debt2,676.9 2,741.9 
Finance lease obligations(3)
— 42.4 
Total debt2,676.9 2,784.3 
Unamortized debt issuance costs, net of fair value adjustment on finance lease obligations(46.0)(51.3)
Total debt, net2,630.9 2,733.0 
Less current portion(88.0)(68.6)
Non-current portion of debt$2,542.9 $2,664.4 
________________________
(1)On April 6, 2021, the Company amended its Credit Agreement, as defined below, to extend the maturity of a portion of its revolving credit commitments, amounting to $1.25 billion, and a portion of its outstanding term A loans, amounting to $444.9 million to April 6, 2026. Additionally, in April and May 2021, the Company completed a series of repurchases of the Term Loan B and, in aggregate, paid $60.1 million to repurchase $60.5 million principal amount of the Term Loan B. See Note 22 - Subsequent Events.
(2)On April 1, 2021, the 5.875% Senior Notes and 6.375% Senior Notes were redeemed in full and $1.0 billion aggregate principal amount of 5.500% Senior Notes due April 2029 were issued. See Note 22 - Subsequent Events.
(3)As of March 31, 2020, these obligations included a finance lease for Starz's transponder capacity that expired in February 2021, and a finance lease for Starz's commercial building. During the year ended March 31, 2021, the Company reassessed the lease term of the Starz commercial building, which resulted in a change in classification of this lease from a finance lease to an operating lease (see Note 8 for further information).
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, 2021:
 
 Maturity DateYear Ending March 31,
Debt Type20222023202420252026ThereafterTotal
  (Amounts in millions)
Revolving Credit Facility
March 2023(1)
$— $— $— $— $— $— $— 
Term Loan A
March 2023(1)
75.0 585.0 — — — — 660.0 
Term Loan B
March 2025(1)
12.5 12.5 12.5 915.1 — — 952.6 
5.875% Senior Notes
November 2024(2)
— — — 518.7 — — 518.7 
6.375% Senior Notes
February 2024(2)
— — 545.6 — — — 545.6 
$87.5 $597.5 $558.1 $1,433.8 $— $— 2,676.9 
Less aggregate unamortized debt issuance costs(46.0)
$2,630.9 
________________________
(1)On April 6, 2021, the Company amended its Credit Agreement, as defined below, to extend the maturity of a portion of its revolving credit commitments, amounting to $1.25 billion, and a portion of its outstanding term A loans, amounting to $444.9 million to April 6, 2026. Additionally, in April and May 2021, the Company completed a series of repurchases of the Term Loan B and, in aggregate, paid $60.1 million to repurchase $60.5 million principal amount of the Term Loan B. See Note 22 - Subsequent Events.
(2)On April 1, 2021, the 5.875% Senior Notes and 6.375% Senior Notes were redeemed in full and $1.0 billion aggregate principal amount of 5.500% Senior Notes due April 2029 were issued. See Note 22 - Subsequent Events.
Gain (Loss) on Extinguishment of Debt
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 (none in the year ended March 31, 2021):
Year Ended March 31,
20202019
Gain (loss) on extinguishment of debt:
Senior Notes repurchases$1.1 $— 
Term Loan B repurchases5.7 — 
Term Loan B prepayments(1.4)(1.9)
$5.4 $(1.9)