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Employee Benefit Plans (Tables)
12 Months Ended
Mar. 31, 2019
Retirement Benefits [Abstract]  
Schedule of Net Benefit Costs
The aggregate net pension expense relating to these two plans is as follows (in millions):

 
Year Ended March 31,
 
2019
 
2018
 
2017
Service costs
$
1.5

 
$
2.2

 
$
1.4

Interest costs
1.1

 
1.0

 
1.0

Amortization of actuarial loss
0.4

 
0.8

 

Settlements

 

 
0.5

Net pension period cost
$
3.0

 
$
4.0

 
$
2.9


Schedule of Changes in Projected Benefit Obligations
The change in projected benefit obligation and the accumulated benefit obligation, were as follows (in millions):

 
Year Ended March 31,
 
2019
 
2018
Projected benefit obligation at the beginning of the year
$
61.0

 
$
50.4

Additions due to acquisition of Microsemi
9.8

 

Service cost
1.5

 
2.2

Interest cost
1.1

 
1.0

Actuarial losses
6.0

 
0.7

Benefits paid
(0.9
)
 
(0.8
)
Foreign currency exchange rate changes
(5.8
)
 
7.5

Projected benefit obligation at the end of the year
$
72.7

 
$
61.0

Accumulated benefit obligation at the end of the year
$
66.7

 
$
55.5

Weighted average assumptions
 
 
 
Discount rate
1.41
%
 
1.73
%
Rate of compensation increase
2.79
%
 
2.91
%

Schedule of Assumptions Used
The change in projected benefit obligation and the accumulated benefit obligation, were as follows (in millions):

 
Year Ended March 31,
 
2019
 
2018
Projected benefit obligation at the beginning of the year
$
61.0

 
$
50.4

Additions due to acquisition of Microsemi
9.8

 

Service cost
1.5

 
2.2

Interest cost
1.1

 
1.0

Actuarial losses
6.0

 
0.7

Benefits paid
(0.9
)
 
(0.8
)
Foreign currency exchange rate changes
(5.8
)
 
7.5

Projected benefit obligation at the end of the year
$
72.7

 
$
61.0

Accumulated benefit obligation at the end of the year
$
66.7

 
$
55.5

Weighted average assumptions
 
 
 
Discount rate
1.41
%
 
1.73
%
Rate of compensation increase
2.79
%
 
2.91
%

Schedule of Expected Benefit Payments
Future estimated expected benefit payments for fiscal year 2020 through 2029 are as follows (in millions):

Fiscal Year Ending March 31,
Expected Benefit Payments
2020
$
1.3

2021
1.5

2022
1.9

2023
1.8

2024
2.3

2025 through 2029
11.9

Total
$
20.7