v3.26.1
Leases
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
Operating lease arrangements are comprised primarily of real estate and equipment agreements for which the ROU assets are included in other assets and the corresponding lease liabilities, depending on their maturity, are included in accrued liabilities or other long-term liabilities in the consolidated balance sheets. There are certain immaterial finance leases recorded in the consolidated balance sheets. The Company has elected to account for the lease and non-lease components as a single lease component.

The Company's leases are included as a component of the following balance sheet lines (in millions):
March 31,
20262025
Other assets:
ROU assets$137.5 $146.3 
Total lease assets$137.5 $146.3 
Accrued liabilities:
Current portion of lease liabilities$38.8 $35.7 
Other long-term liabilities:
Non-current portion of lease liabilities107.0 115.1 
Total lease liabilities$145.8 $150.8 

The following table presents the maturities of lease liabilities as of March 31, 2026 (in millions):
Fiscal year ending March 31,Operating Leases
2027$44.4 
202837.3 
202926.8 
203020.7 
203115.5 
Thereafter17.8 
Total lease payments162.5 
Less: Imputed lease interests16.7 
Total lease liabilities$145.8 
The Company's weighted-average remaining lease-term and weighted-average discount rate at March 31, 2026 are as follows:
Weighted average remaining lease-term (years)4.84
Weighted average discount rate4.61%

The Company's total lease expense is as follows (in millions):
 Fiscal Year Ended March 31,
202620252024
Operating lease expense$63.8 $61.8 $60.4 
Leases Leases
Operating lease arrangements are comprised primarily of real estate and equipment agreements for which the ROU assets are included in other assets and the corresponding lease liabilities, depending on their maturity, are included in accrued liabilities or other long-term liabilities in the consolidated balance sheets. There are certain immaterial finance leases recorded in the consolidated balance sheets. The Company has elected to account for the lease and non-lease components as a single lease component.

The Company's leases are included as a component of the following balance sheet lines (in millions):
March 31,
20262025
Other assets:
ROU assets$137.5 $146.3 
Total lease assets$137.5 $146.3 
Accrued liabilities:
Current portion of lease liabilities$38.8 $35.7 
Other long-term liabilities:
Non-current portion of lease liabilities107.0 115.1 
Total lease liabilities$145.8 $150.8 

The following table presents the maturities of lease liabilities as of March 31, 2026 (in millions):
Fiscal year ending March 31,Operating Leases
2027$44.4 
202837.3 
202926.8 
203020.7 
203115.5 
Thereafter17.8 
Total lease payments162.5 
Less: Imputed lease interests16.7 
Total lease liabilities$145.8 
The Company's weighted-average remaining lease-term and weighted-average discount rate at March 31, 2026 are as follows:
Weighted average remaining lease-term (years)4.84
Weighted average discount rate4.61%

The Company's total lease expense is as follows (in millions):
 Fiscal Year Ended March 31,
202620252024
Operating lease expense$63.8 $61.8 $60.4