Product Warranties

6 Months Ended

Sep. 30, 2024

Product Warranties

Product Warranties

Note 15: Product Warranties

Changes in accrued warranty costs were as follows:

	Three months ended September 30,
	2024		2023
Beginning balance	$	10.8	$	7.9
Warranties recorded at time of sale		1.9		1.6
Adjustments to pre-existing warranties		(0.3)		2.5
Settlements		(1.6)		(1.4)
Reclassified as held for sale (a)		—		(0.2)
Effect of exchange rate changes		0.3		(0.1)
Ending balance	$	11.1	$	10.3

	Six months ended September 30,
	2024		2023
Beginning balance	$	10.7	$	6.9
Warranties recorded at time of sale		3.8		3.1
Adjustments to pre-existing warranties		(0.4)		3.1
Settlements		(3.3)		(2.5)
Reclassified as held for sale (a)		—		(0.2)
Effect of exchange rate changes		0.3		(0.1)
Ending balance	$	11.1	$	10.3
____

(a) The Company reclassified the assets and liabilities of three businesses based in Germany as held for sale on the September 30, 2023 balance sheet.  These businesses were subsequently sold in October 2023. See Note 2 for additional information regarding the sale.