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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Sep. 30, 2022
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss were as follows:

 
Three months ended September 30, 2022
   
Six months ended September 30, 2022
 
   
Foreign
Currency
Translation
   
Defined
Benefit
Plans
   
Cash Flow
Hedges
   
Total
   
Foreign
Currency
Translation
   
Defined
Benefit
Plans
   
Cash Flow
Hedges
   
Total
 
Beginning balance
 
$
(62.6
)
 
$
(109.8
)
 
$
(0.9
)
 
$
(173.3
)
 
$
(39.1
)
 
$
(111.1
)
 
$
0.7
   
$
(149.5
)
                                                                 
Other comprehensive income (loss) before reclassifications
   
(23.4
)
   
-
     
-
     
(23.4
)
   
(46.9
)
   
-
     
(1.2
)
   
(48.1
)
Reclassifications:
                                                               
Amortization of unrecognized net loss (a)
   
-
     
1.4
     
-
     
1.4
     
-
     
2.7
     
-
     
2.7
 
Realized gains – net (b)
   
-
     
-
     
-
     
-
     
-
     
-
     
(0.4
)
   
(0.4
)
Income taxes
    -
     
-
     
-
     
-
     
-
     
-
     
-
     
-
 
Total other comprehensive income (loss)
   
(23.4
)
   
1.4
     
-
     
(22.0
)
   
(46.9
)
   
2.7
     
(1.6
)
   
(45.8
)
                                                                 
Ending balance
 
$
(86.0
)
 
$
(108.4
)
 
$
(0.9
)
 
$
(195.3
)
 
$
(86.0
)
 
$
(108.4
)
 
$
(0.9
)
 
$
(195.3
)

 
Three months ended September 30, 2021
   
Six months ended September 30, 2021
 
   
Foreign
Currency
Translation
   
Defined
Benefit
Plans
   
Cash Flow
Hedges
   
Total
   
Foreign
Currency
Translation
   
Defined
Benefit
Plans
   
Cash Flow
Hedges
   
Total
 
Beginning balance
 
$
(26.0
)
 
$
(127.4
)
 
$
0.2
   
$
(153.2
)
 
$
(31.0
)
 
$
(130.8
)
 
$
0.6
   
$
(161.2
)
                                                                 
Other comprehensive income (loss) before reclassifications
   
(7.6
)
   
-
     
0.4
     
(7.2
)
   
(2.6
)
   
-
     
0.7
     
(1.9
)
Reclassifications:
                                                               
Amortization of unrecognized net loss (a)
   
-
     
1.6
     
-
     
1.6
     
-
     
3.3
     
-
     
3.3
 
Unrecognized net pension loss in disposed business (c)
    -       -       -       -       -       1.7       -       1.7  
Realized gains – net (b)
   
-
     
-
     
(0.3
)
   
(0.3
)
   
-
     
-
     
(1.0
)
   
(1.0
)
Income taxes
   
-
     
-
     
(0.1
)
   
(0.1
)
   
-
     
-
     
(0.1
)
   
(0.1
)
Total other comprehensive income (loss)
   
(7.6
)
   
1.6
     
-
     
(6.0
)
   
(2.6
)
   
5.0
     
(0.4
)
   
2.0
 
                                                                 
Ending balance
 
$
(33.6
)
 
$
(125.8
)
 
$
0.2
   
$
(159.2
)
 
$
(33.6
)
 
$
(125.8
)
 
$
0.2
   
$
(159.2
)

  (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 4 for additional information about the Company’s pension plans.
  (b)
Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.
  (c)
As a result of the sale of the air-cooled automotive business in Austria, the Company wrote off $1.7 million of net actuarial losses related to its pension plan as a component of the loss on sale recorded during the first quarter of fiscal 2022.  See Note 1 for additional information.