v3.24.1.1.u2
Accumulated Other Comprehensive Loss
 12 Months Ended
Mar. 31, 2024
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss

Note 21:  Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss were as follows:

 
Foreign
Currency
Translation
    
Defined
Benefit Plans
    
Cash Flow
Hedges
    
Total
  
Balance, March 31, 2023
  
$
(57.5
)
  
$
(104.4
)
  
$
0.8
    
$
(161.1
)
                                 
Other comprehensive income (loss) before reclassifications
    
(5.3
)
    
1.8
      
0.1
      
(3.4
)
Reclassifications:
                                
Amortization of unrecognized net loss (a)
    
-
      
4.1
      
-
      
4.1
  
Unrecognized net pension gain in disposed businesses (b)
     -       (0.6 )     -       (0.6 )
Realized gains - net (c)
    
-
      
-
      
(1.0
)
    
(1.0
)
Income taxes
    
-
      
(1.6
)
    
0.2
      
(1.4
)
Total other comprehensive income (loss)
    
(5.3
)
    
3.7
      
(0.7
)
    
(2.3
)
                                 
Balance, March 31, 2024
  
$
(62.8
)
  
$
(100.7
)
  
$
0.1
    
$
(163.4
)

 
Foreign
Currency
Translation
    
Defined
Benefit Plans
    
Cash Flow
Hedges
    
Total
  
Balance, March 31, 2022
  
$
(39.1
)
  
$
(111.1
)
  
$
0.7
    
$
(149.5
)
                                 
Other comprehensive income (loss) before reclassifications
    
(18.4
)
    
2.5
      
0.4
      
(15.5
)
Reclassifications:
                                
Amortization of unrecognized net loss (a)
    
-
      
5.3
      
-
      
5.3
  
Realized gains - net (c)
    
-
      
-
      
(0.3
)
    
(0.3
)
Income taxes
    
-
      
(1.1
)
    
-
      
(1.1
)
Total other comprehensive income (loss)
    
(18.4
)
    
6.7
      
0.1
      
(11.6
)
                                 
Balance, March 31, 2023
  
$
(57.5
)
  
$
(104.4
)
  
$
0.8
    
$
(161.1
)
(a)
Amounts are included in the calculation of net periodic benefit cost for the Company’s defined benefit plans, which include pension and other postretirement plans. See Note 18 for additional information about the Company’s pension plans.
(b)
As a result of the sale of three automotive businesses based in Germany, the Company wrote-off $0.6 million of net actuarial gains related to the disposal group’s pension plan. See Note 2 for additional information regarding the sale.
(c)
Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.  See Note 19 for additional information regarding derivative instruments.