v3.22.4
Pensions
9 Months Ended
Dec. 31, 2022
Pensions [Abstract]  
Pensions
Note 4: Pensions

Pension cost included the following components:


 
Three months ended
December 31,
   
Nine months ended
December 31,
 
   
2022
   
2021
   
2022
   
2021
 
Service cost
 
$
0.1
   
$
0.1
   
$
0.2
   
$
0.2
 
Interest cost
   
2.0
     
1.8
     
6.0
     
5.5
 
Expected return on plan assets
   
(2.9
)
   
(3.2
)
   
(8.7
)
   
(9.6
)
Amortization of unrecognized net loss
   
1.4
     
1.7
     
4.3
     
5.1
 
Net periodic benefit cost
 
$
0.6
   
$
0.4
   
$
1.8
   
$
1.2
 

The Company’s funding policy is to contribute annually, at a minimum, the amount necessary on an actuarial basis to provide for benefits in accordance with applicable laws and regulations. In connection with funding relief provisions within the American Rescue Plan Act of 2021, the Company does not expect to make cash contributions to its U.S. pension plans during fiscal 2023.