Debt (Tables)

9 Months Ended

Dec. 31, 2018

Total debt of the Company, excluding film obligations and production loans, was as follows as of December 31, 2018 and March 31, 2018:



	December 31, 2018			March 31, 2018
	(Amounts in millions)
Corporate debt:
Revolving Credit Facility	$	520.0		$	—
Term Loan A⁽¹⁾	750.0			750.0
Term Loan B⁽¹⁾	1,240.6			1,250.0
5.875% Senior Notes	520.0			520.0
Total corporate debt	3,030.6			2,520.0
Convertible senior subordinated notes⁽²⁾	—			60.0
Capital lease obligations	46.1			50.5
Total debt	3,076.7			2,630.5
Unamortized discount and debt issuance costs, net of fair value adjustment on capital lease obligations	(64.4		)	(73.1		)
Total debt, net	3,012.3			2,557.4
Less current portion	(44.4		)	(79.1		)
Non-current portion of debt	$	2,967.9		$	2,478.3

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(1)	To manage interest rate risk on certain of its LIBOR-based floating-rate corporate debt, as of December 31, 2018, the Company has entered into interest rate swaps to effectively convert the floating interest rates to fixed interest rates on a $1.7 billion notional amount (see Note 17 for further information).


(2)	On April 15, 2018, the 1.25% convertible senior subordinated notes due April 2018 (the "April 2013 1.25% Notes") matured, and upon maturity, the Company repaid the outstanding principal amount, together with accrued and unpaid interest.

The table below sets forth the composition of the Company’s interest expense for the three and nine months December 31, 2018 and 2017:



	Three Months Ended				Nine Months Ended
	December 31,				December 31,
	2018		2017		2018		2017
	(Amounts in millions)
Interest expense
Cash interest	$	39.7	$	28.3	$	107.9	$	94.7
Amortization of debt discount and financing costs	3.0		3.6		9.0		11.0
	42.7		31.9		116.9		105.7
Interest on dissenting shareholders' liability (see Note 16)	2.6		14.4		35.3		41.6
Total interest expense	$	45.3	$	46.3	$	152.2	$	147.3