XML 37 R28.htm IDEA: XBRL DOCUMENT v3.22.0.1

Debt (Tables)

9 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Debt, Excluding Film Related and Other Obligations

Total debt of the Company, excluding film related and other obligations, was as follows as of December 31, 2021 and March 31, 2021:

			December 31, 2021						March 31, 2021
			(Amounts in millions)
Corporate debt:
Revolving Credit Facility			$	—					$	—
Term Loan A:
2023 Term Loan A			199.0						660.0
2026 Term Loan A			444.9						—
Term Loan B			847.3						952.6
5.500% Senior Notes			1,000.0						—
5.875% Senior Notes			—						518.7
6.375% Senior Notes			—						545.6
Total corporate debt			2,491.2						2,676.9
Unamortized debt issuance costs			(60.6)						(46.0)
Total debt, net			2,430.6						2,630.9
Less current portion			(45.6)						(88.0)
Non-current portion of debt			$	2,385.0					$	2,542.9

Loss on Extinguishment of Debt

									Nine Months Ended December 31, 2021
									Loss on Extinguishment of Debt						Recorded as a Reduction of Outstanding Debt Balances & Amortized Over Life of New Issuances						Total
									(Amounts in millions)
Credit Agreement amendment (Revolving Credit Facility and Term Loan A) and Senior Notes redemption and issuance:
New debt issuance costs and call premiums									$	21.2					$	31.0					$	52.2
Previously incurred debt issuance costs									5.2						31.1						36.3
									$	26.4					$	62.1					$	88.5
Termination of a portion of Revolving Credit Facility commitments, Term Loan B repurchases and other									1.8
Total loss on extinguishment of debt									$	28.2

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7516071&loc=d3e13374-112631

+ Details

Name:	us-gaap_ScheduleOfExtinguishmentOfDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration