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Revenue Recognition (Tables)
12 Months Ended
Mar. 31, 2020
Revenue Recognition [Abstract]  
Disaggregation of Revenue
The table below presents revenue to external customers for each of the Company’s business segments by primary end market, by geographic location and based upon the timing of revenue recognition:

 
Year ended March 31, 2020
   
Year ended March 31, 2019
 
   
VTS
   
CIS
   
BHVAC
   
Segment
Total
   
VTS
   
CIS
   
BHVAC
   
Segment
Total
 
Primary end market:
                                               
Automotive
 
$
508.8
   
$
-
   
$
-
   
$
508.8
   
$
542.8
   
$
-
   
$
-
   
$
542.8
 
Commercial vehicle
   
323.7
     
-
     
-
     
323.7
     
387.6
     
-
     
-
     
387.6
 
Off-highway
   
253.9
     
-
     
-
     
253.9
     
314.1
     
-
     
-
     
314.1
 
Commercial HVAC&R
   
-
     
463.1
     
176.6
     
639.7
     
-
     
506.3
     
167.7
     
674.0
 
Data center cooling
   
-
     
107.5
     
42.7
     
150.2
     
-
     
145.7
     
41.3
     
187.0
 
Industrial cooling
   
-
     
43.5
     
-
     
43.5
     
-
     
47.8
     
-
     
47.8
 
Other
   
90.8
     
9.8
     
1.8
     
102.4
     
107.2
     
7.8
     
3.4
     
118.4
 
Net sales
 
$
1,177.2
   
$
623.9
   
$
221.1
   
$
2,022.2
   
$
1,351.7
   
$
707.6
   
$
212.4
   
$
2,271.7
 
                                                                 
Geographic location:
                                                               
Americas
 
$
554.4
   
$
345.9
   
$
139.1
   
$
1,039.4
   
$
613.7
   
$
413.6
   
$
124.9
   
$
1,152.2
 
Europe
   
449.3
     
232.6
     
82.0
     
763.9
     
538.2
     
244.8
     
87.5
     
870.5
 
Asia
   
173.5
     
45.4
     
-
     
218.9
     
199.8
     
49.2
     
-
     
249.0
 
Net sales
 
$
1,177.2
   
$
623.9
   
$
221.1
   
$
2,022.2
   
$
1,351.7
   
$
707.6
   
$
212.4
   
$
2,271.7
 
                                                                 
Timing of revenue recognition:
                                                               
Products transferred at a point in time
 
$
1,146.4
   
$
518.2
   
$
221.1
   
$
1,885.7
   
$
1,308.5
   
$
571.1
   
$
212.4
   
$
2,092.0
 
Products transferred over time
   
30.8
     
105.7
     
-
     
136.5
     
43.2
     
136.5
     
-
     
179.7
 
Net sales
 
$
1,177.2
   
$
623.9
   
$
221.1
   
$
2,022.2
   
$
1,351.7
   
$
707.6
   
$
212.4
   
$
2,271.7
 
Contract Assets and Contract Liabilities from Contracts with Customers
Contract assets and contract liabilities from contracts with customers were as follows:

 
March 31, 2020
   
March 31, 2019
 
Contract assets
 
$
21.7
   
$
22.6
 
Contract liabilities
   
5.6
     
4.0