v3.24.1.1.u2
Product Warranties and Other Commitments (Tables)
12 Months Ended
Mar. 31, 2024
Product Warranties and Other Commitments [Abstract]  
Changes in Accrued Warranty Costs
Changes in accrued warranty costs were as follows:

 
Years ended March 31,
 
   
2024
   
2023
 
Beginning balance
 
$
6.9
   
$
6.3
 
Warranties recorded at time of sale
   
6.6
     
5.4
 
Adjustments to pre-existing warranties
   
2.2
     
0.9
 
Settlements
   
(5.3
)
   
(5.6
)
Acquisition of business (a)
    0.4       -  
Disposition of businesses (a)
    (0.2 )     -  
Effect of exchange rate changes
   
0.1
     
(0.1
)
Ending balance
 
$
10.7
   
$
6.9
 

(a)
The Company acquired Scott Springfield Manufacturing during fiscal 2024.  The Company sold three automotive businesses based in Germany during fiscal 2024.  See Note 2 for additional information.