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Accumulated Other Comprehensive Loss
 9 Months Ended
Dec. 31, 2021
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
Note 19: Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss were as follows:

 
Three months ended December 31, 2021
    
Nine months ended December 31, 2021
  
   
Foreign
Currency
Translation
    
Defined
Benefit
Plans
    
Cash Flow
Hedges
    
Total
    
Foreign
Currency
Translation
    
Defined
Benefit
Plans
    
Cash Flow
Hedges
    
Total
  
Beginning balance
  
$
(33.6
)
  
$
(125.8
)
  
$
0.2
    
$
(159.2
)
  
$
(31.0
)
  
$
(130.8
)
  
$
0.6
    
$
(161.2
)
                                                                 
Other comprehensive income (loss) before reclassifications
    
(3.4
)
    
-
      
0.4
      
(3.0
)
    
(6.0
)
    
-
      
1.1
      
(4.9
)
Reclassifications:
                                                                
Amortization of unrecognized net loss (a)
    
-
      
1.6
      
-
      
1.6
      
-
      
4.9
      
-
      
4.9
  
Unrecognized net pension loss in disposed business (b)
     -       -       -       -       -       1.7       -       1.7  
Realized gains - net (c)
    
-
      
-
      
(0.2
)
    
(0.2
)
    
-
      
-
      
(1.2
)
    
(1.2
)
Income taxes
     -
      
-
      
-
      
-
      
-
      
-
      
(0.1
)
    
(0.1
)
Total other comprehensive income (loss)
    
(3.4
)
    
1.6
      
0.2
      
(1.6
)
    
(6.0
)
    
6.6
      
(0.2
)
    
0.4
  
                                                                 
Ending balance
  
$
(37.0
)
  
$
(124.2
)
  
$
0.4
    
$
(160.8
)
  
$
(37.0
)
  
$
(124.2
)
  
$
0.4
    
$
(160.8
)

 
Three months ended December 31, 2020
    
Nine months ended December 31, 2020
  
   
Foreign
Currency
Translation
    
Defined
Benefit
Plans
    
Cash Flow
Hedges
    
Total
    
Foreign
Currency
Translation
    
Defined
Benefit
Plans
    
Cash Flow
Hedges
    
Total
  
Beginning balance
  
$
(38.8
)
  
$
(158.4
)
  
$
0.4
    
$
(196.8
)
  
$
(61.4
)
  
$
(160.9
)
  
$
(1.0
)
  
$
(223.3
)
                                                                 
Other comprehensive income before reclassifications
    
18.0
      
-
      
0.4
      
18.4
      
40.6
      
-
      
1.5
      
42.1
  
Reclassifications:
                                                                
Amortization of unrecognized net loss (a)
    
-
      
1.6
      
-
      
1.6
      
-
      
4.9
      
-
      
4.9
  
Realized (gains) losses - net (c)
    
-
      
-
      
(0.4
)
    
(0.4
)
    
-
      
-
      
0.4
      
0.4
  
Income taxes
    
-
      
(0.3
)
    
-
      
(0.3
)
    
-
      
(1.1
)
    
(0.5
)
    
(1.6
)
Total other comprehensive income
    
18.0
      
1.3
      
-
      
19.3
      
40.6
      
3.8
      
1.4
      
45.8
  
                                                                 
Ending balance
  
$
(20.8
)
  
$
(157.1
)
  
$
0.4
    
$
(177.5
)
  
$
(20.8
)
  
$
(157.1
)
  
$
0.4
    
$
(177.5
)
  (a)
Amounts are included in the calculation of net periodic benefit cost for the Company’s defined benefit plans, which include pension and other postretirement plans. See Note 5 for additional information about the Company’s pension plans.
  (b)
As a result of the sale of the air-cooled automotive business, the Company wrote-off $1.7 million of net actuarial losses related to the disposed business’s pension plan as a component of the loss on sale recorded during the first quarter of fiscal 2022. See Note 1 for additional information.
  (c)
Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.