Leases (Tables)

3 Months Ended

Jun. 30, 2026

Leases

Leases recorded on consolidated balance sheets

The following table provides a summary of leases recorded on the consolidated balance sheets.


		Balance Sheet Location		June 30, 2026			March 31, 2026
Lease Assets
Operating lease ROU assets		Other noncurrent assets		$	137.8		$	138.9
Finance lease ROU assets (a)		Property, plant and equipment - net			6.4			6.6

Lease Liabilities
Operating lease liabilities		Other current liabilities		$	27.8		$	26.3
Operating lease liabilities		Other noncurrent liabilities			115.4			117.5
Finance lease liabilities		Long-term debt - current portion			0.5			0.5
Finance lease liabilities		Long-term debt			1.6			1.8
____

(a)	Finance lease right of use (“ROU”) assets were recorded net of accumulated amortization of $4.9 million and $4.8 million as of June 30, 2026 and March 31, 2026, respectively.

Components of Lease Expense

The components of lease expense were as follows:


		Three months ended June 30,
		2026			2025
Operating lease expense (a)		$	13.6		$	9.7
Finance lease expense:
Depreciation of ROU assets			0.1			0.1
Interest on lease liabilities			—			—
Total lease expense		$	13.7		$	9.8
____

(a)	For the three months ended June 30, 2026 and 2025, operating lease expense included short-term lease expense of $3.1 million and $2.4 million, respectively. Variable lease expense was not significant.