XML 87 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2014
Fair Value Measurements [Abstract]  
Schedule of fair value of assets and liabilities measured in recurring basis
At March 31, 2014, assets and liabilities recorded at fair value on a recurring basis were as follows:

 
 
Level 1
  
Level 2
  
Level 3
  
Total
 
Assets:
 
  
  
  
 
Trading securities
 
$
2.6
  
$
-
  
$
-
  
$
2.6
 
Total assets
 
$
2.6
  
$
-
  
$
-
  
$
2.6
 
 
                
Liabilities:
                
Derivative financial instruments
 
$
-
  
$
0.4
  
$
-
  
$
0.4
 
Deferred compensation obligations
  
2.6
   
-
   
-
   
2.6
 
Total liabilities
 
$
2.6
  
$
0.4
  
$
-
  
$
3.0
 

At March 31, 2013, assets and liabilities recorded at fair value on a recurring basis were as follows:

 
 
Level 1
  
Level 2
  
Level 3
  
Total
 
Assets:
 
  
  
  
 
Trading securities
 
$
2.3
  
$
-
  
$
-
  
$
2.3
 
Total assets
 
$
2.3
  
$
-
  
$
-
  
$
2.3
 
 
                
Liabilities:
                
Derivative financial instruments
 
$
-
  
$
1.4
  
$
-
  
$
1.4
 
Deferred compensation obligations
  
2.3
   
-
   
-
   
2.3
 
Total liabilities
 
$
2.3
  
$
1.4
  
$
-
  
$
3.7
 
Schedule of U.S. pension plan assets fair value
At March 31, 2014, the U.S. pension plan assets were classified as follows:

 
 
Level 1
  
Level 2
  
Level 3
  
Total
 
 
 
  
  
  
 
Money market investments
 
$
-
  
$
11.3
  
$
-
  
$
11.3
 
Common stocks
  
40.1
   
2.1
   
-
   
42.2
 
Corporate bonds
  
-
   
21.3
   
-
   
21.3
 
Pooled equity funds
  
68.9
   
11.9
   
-
   
80.8
 
Pooled fixed income funds
  
14.1
   
-
   
-
   
14.1
 
U.S. government and agency securities
  
-
   
37.0
   
-
   
37.0
 
Other
  
1.6
   
5.4
   
-
   
7.0
 
Total
 
$
124.7
  
$
89.0
  
$
-
  
$
213.7
 

At March 31, 2013, the U.S. pension plan assets were classified as follows:

 
 
Level 1
  
Level 2
  
Level 3
  
Total
 
 
 
  
  
  
 
Money market investments
 
$
-
  
$
7.3
  
$
-
  
$
7.3
 
Common stocks
  
35.9
   
0.1
   
-
   
36.0
 
Corporate bonds
  
-
   
19.1
   
-
   
19.1
 
Pooled equity funds
  
68.8
   
14.1
   
-
   
82.9
 
Pooled fixed income funds
  
17.6
   
-
   
-
   
17.6
 
U.S. government and agency securities
  
-
   
32.1
   
-
   
32.1
 
Other
  
1.0
   
4.6
   
-
   
5.6
 
Total
 
$
123.3
  
$
77.3
  
$
-
  
$
200.6