Supplemental Financial Information
Cash paid for income taxes amounted to $25.9 million, $48.4 million and $25.4 million during fiscal 2018, 2017 and 2016, respectively. Cash paid for interest on borrowings amounted to $85.3 million in fiscal 2018, $82.5 million in fiscal 2017 and $52.9 million in fiscal 2016. A summary of additions and deductions related to the valuation allowance for deferred tax asset accounts for the years ended March 31, 2018, 2017 and 2016 follows (amounts in millions): | | | | | | | | | | | | | | | | | | | | | | Balance at Beginning of Year | | Additions Charged to Costs and Expenses | | Additions Charged to Other Accounts | | Deductions | | Balance at End of Year | Valuation allowance for deferred tax assets: | | | | | | | | | | Fiscal 2018 | $ | 210.1 |
| | $ | 36.2 |
| | $ | — |
| | $ | (41.8 | ) | | $ | 204.5 |
| Fiscal 2017 | 161.8 |
| | 15.2 |
| | 37.6 |
| | (4.5 | ) | | 210.1 |
| Fiscal 2016 | 116.5 |
| | 5.5 |
| | 47.8 |
| | (8.0 | ) | | 161.8 |
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A summary of additions and deductions related to the allowance for doubtful accounts for the years ended March 31, 2018, 2017 and 2016 follows (amounts in millions): | | | | | | | | | | | | | | | | | | Balance at Beginning of Year | | Additions Charged to Costs and Expenses | | Deductions (1) | | Balance at End of Year | Allowance for doubtful accounts: | | | | | | | | Fiscal 2018 | $ | 2.1 |
| | $ | 0.2 |
| | $ | (0.1 | ) | | $ | 2.2 |
| Fiscal 2017 | $ | 2.5 |
| | $ | 0.2 |
| | $ | (0.6 | ) | | $ | 2.1 |
| Fiscal 2016 | $ | 2.6 |
| | $ | 0.1 |
| | $ | (0.2 | ) | | $ | 2.5 |
|
(1) Deductions represent uncollectible accounts written off, net of recoveries.
Accumulated Other Comprehensive Income
The following tables present the changes in the components of accumulated other comprehensive income (AOCI) for the years ended March 31, 2018 and March 31, 2017: | | | | | | | | | | | | | | | | | | Unrealized Holding Gains (Losses) Available-for-sale Securities | | Minimum Pension Liability | | Foreign Currency | | Total | Balance at March 31, 2017 | $ | 0.3 |
| | $ | (5.3 | ) | | $ | (9.4 | ) | | $ | (14.4 | ) | Other comprehensive loss before reclassifications | (13.6 | ) | | (5.6 | ) | | — |
| | (19.2 | ) | Amounts reclassified from accumulated other comprehensive income (loss) | 15.2 |
| | 0.8 |
| | — |
| | 16.0 |
| Net other comprehensive income (loss) | 1.6 |
| | (4.8 | ) | | — |
| | (3.2 | ) | Balance at March 31, 2018 | $ | 1.9 |
| | $ | (10.1 | ) | | $ | (9.4 | ) | | $ | (17.6 | ) |
| | | | | | | | | | | | | | | | | | Unrealized Holding Gains (Losses) Available-for-sale Securities | | Minimum Pension Liability | | Foreign Currency | | Total | Balance at March 31, 2016 | $ | 0.3 |
| | $ | — |
| | $ | (3.7 | ) | | $ | (3.4 | ) | Other comprehensive loss before reclassifications | (1.5 | ) | | (5.3 | ) | | (5.7 | ) | | (12.5 | ) | Amounts reclassified from accumulated other comprehensive income (loss) | 1.5 |
| | — |
| | — |
| | 1.5 |
| Net other comprehensive loss | — |
| | (5.3 | ) | | (5.7 | ) | | (11.0 | ) | Balance at March 31, 2017 | $ | 0.3 |
| | $ | (5.3 | ) | | $ | (9.4 | ) | | $ | (14.4 | ) |
The table below details where reclassifications of realized transactions out of AOCI are recorded on the consolidated statements of income (amounts in millions). | | | | | | | | | | | | | | | | Year ended March 31, | | | Description of AOCI Component | 2018 | | 2017 | | 2016 | | Related Statement of Income Line | Unrealized (losses) gains on available-for-sale securities | $ | (15.5 | ) | | $ | (1.5 | ) | | $ | 10.9 |
| | Other income, net | Amortization of actuarial loss | (0.8 | ) |
| — |
| | — |
| | Other income, net | Taxes | 0.3 |
| | — |
| | — |
| | Provision for income taxes | Reclassification of realized transactions, net of taxes | $ | (16.0 | ) | | $ | (1.5 | ) | | $ | 10.9 |
| | Net Income |
|