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Fair Value Measurements (Tables)
9 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis [Table Text Block]
At December 31, 2024 and 2023, and at March 31, 2024, the Company had certain financial assets and financial liabilities that were required to be measured and reported at fair value on a recurring basis. These assets and liabilities are listed in the tables below and are classified based on how their values were determined under the fair value hierarchy or the NAV practical expedient:
December 31, 2024
Fair Value Hierarchy
(in thousands of dollars)NAVLevel 1Level 2Level 3Total
Assets
Money market funds
$149 $— $— $— $149 
Trading securities associated with deferred compensation plans
— 11,930 — — 11,930 
Interest rate swap agreements
— — 6,310 — 6,310 
Foreign currency exchange contracts
— — 628 — 628 
Total financial assets measured and reported at fair value
$149 $11,930 $6,938 $— $19,017 
Liabilities
Foreign currency exchange contracts
$— $— $17,235 $— $17,235 
Total financial liabilities measured and reported at fair value
$— $— $17,235 $— $17,235 
December 31, 2023
Fair Value Hierarchy
(in thousands of dollars)NAVLevel 1Level 2Level 3Total
Assets
Money market funds
$145 $— $— $— $145 
Trading securities associated with deferred compensation plans
— 11,880 — — 11,880 
Interest rate swap agreements
— — 633 — 633 
Foreign currency exchange contracts
— — 183 — 183 
Total financial assets measured and reported at fair value
$145 $11,880 $816 $— $12,841 
Liabilities
Foreign currency exchange contracts
$— $— $1,377 $— $1,377 
Total financial liabilities measured and reported at fair value
$— $— $1,377 $— $1,377 
March 31, 2024
Fair Value Hierarchy
(in thousands of dollars)NAVLevel 1Level 2Level 3Total
Assets
Money market funds
$145 $— $— $— $145 
Trading securities associated with deferred compensation plans
— 12,409 — — 12,409 
Interest rate swap agreements
— — 6,706 — 6,706 
Foreign currency exchange contracts
— — 322 — 322 
Total financial assets measured and reported at fair value
$145 $12,409 $7,028 $— $19,582 
Liabilities
Foreign currency exchange contracts
$— $— $21 $— $21 
Total financial liabilities measured and reported at fair value
$— $— $21 $— $21 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The following table summarizes the fair and carrying value of the Company’s long-term debt, and if applicable any current portion, at each of the balance sheet dates December 31, 2024, and 2023 and March 31, 2024:
(in millions of dollars)December 31, 2024December 31, 2023March 31, 2024
Fair market value of long term obligations$618 $617 $618 
Carrying value of long term obligations$620 $620 $620