Restructuring and Other

6 Months Ended

Sep. 30, 2018

Restructuring and Related Activities [Abstract]

Restructuring and other includes restructuring and severance costs, certain transaction and related costs, and certain unusual items, when applicable, and were as follows for the three and six months ended September 30, 2018 and 2017:



	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
	(Amounts in millions)
Restructuring and other:
Severance⁽¹⁾	$	2.9	$	—	$	3.7	$	1.0
Transaction and related costs⁽²⁾	12.1		3.5		21.9		13.4
	$	15.0	$	3.5	$	25.6	$	14.4

_______________________


(1)	Severance costs in the three and six months ended September 30, 2018 and the six months ended September 30, 2017 were primarily related to restructuring activities in connection with recent acquisitions, and other cost-saving initiatives. As of September 30, 2018, the remaining severance liability was approximately $7.0 million, which is expected to be paid in the next 12 months.

(2)

Transaction and related costs in the three and six months ended September 30, 2018 and 2017 reflect transaction, integration and legal costs associated with certain strategic transactions and legal matters. In the three and six months ended September 30, 2018, these costs were primarily related to the legal fees associated with the Starz class action lawsuits and other matters, and to a lesser extent, costs related to the acquisition of 3 Arts Entertainment and other strategic transactions. In the three and six months ended September 30, 2017, these costs were primarily related to the sale of EPIX (see Note 4), the legal fees associated with the Starz class action lawsuits and other matters, and the integration of Starz.

Changes in the restructuring and other severance liability were as follows for the six months ended September 30, 2018 and 2017:



	Six Months Ended
	September 30,
	2018			2017
	(Amounts in millions)
Severance liability
Beginning balance	$	14.7		$	22.2
Accruals	3.7			1.0
Severance payments	(11.4		)	(12.1		)
Ending balance	$	7.0		$	11.1