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Business Segment Information (Tables)
12 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of Business Segment Information
Business Segment Information:
(in Millions)
 
 
Year Ended
 
 
March 31, 2019
 
March 31, 2018
 
March 31, 2017
Net sales by product
 
 
 
 
 
 
Process & Motion Control:
 
 
 
 
 
 
Original equipment manufacturers/ end-users
 
$
768.5

 
$
690.5

 
$
594.6

Maintenance, repair, and operations
 
612.1

 
550.7

 
540.1

Total Process & Motion Control
 
1,380.6

 
1,241.2

 
1,134.7

Water Management:
 
 
 
 
 
 
Water safety, quality, flow control and conservation
 
624.4

 
566.9

 
538.9

Water infrastructure
 
45.9

 
43.5

 
38.9

Total Water Management
 
670.3

 
610.4

 
577.8

  Consolidated net sales
 
2,050.9

 
1,851.6

 
1,712.5

Income (loss) from operations
 
 
 
 
 
 
Process & Motion Control
 
226.1

 
191.3

 
133.0

Water Management
 
139.7

 
125.7

 
112.3

Corporate
 
(60.2
)
 
(50.6
)
 
(42.1
)
  Consolidated income from operations
 
305.6

 
266.4

 
203.2

Non-operating expense:
 
 
 
 
 
 
Interest expense, net
 
(69.9
)
 
(75.1
)
 
(88.3
)
Gain (loss) on the extinguishment of debt
 
4.3

 
(11.9
)
 
(7.8
)
Other (expense) income, net
 
(1.2
)
 
7.7

 
0.2

Income from continuing operations before income taxes
 
238.8

 
187.1

 
107.3

(Provision) benefit for income taxes
 
(53.4
)
 
19.5

 
(15.6
)
Equity method investment income
 
3.6

 

 

Net income from continuing operations
 
189.0

 
206.6

 
91.7

Loss from discontinued operations, net of tax
 
(154.7
)
 
(130.6
)
 
(17.6
)
Net income
 
34.3

 
76.0

 
74.1

Non-controlling interest income
 

 
0.1

 

Net income attributable to Rexnord
 
34.3

 
75.9

 
74.1

Dividends on preferred stock
 
(23.2
)
 
(23.2
)
 
(7.3
)
Net income attributable to Rexnord common stockholders
 
$
11.1

 
$
52.7

 
$
66.8

 
 
 
 
 
 
 
Depreciation and Amortization
 
 
 
 
 
 
Process & Motion Control
 
$
63.0

 
$
56.0

 
$
69.9

Water Management
 
24.9

 
23.7

 
26.2

  Consolidated
 
$
87.9

 
$
79.7

 
$
96.1

Capital Expenditures
 
 
 
 
 
 
Process & Motion Control
 
$
36.3

 
$
34.2

 
$
42.0

Water Management
 
6.2

 
3.8

 
8.8

  Consolidated
 
$
42.5

 
$
38.0

 
$
50.8

 
 
 
 
 
 
 
 
 
March 31, 2019
 
March 31, 2018
 
March 31, 2017
Total Assets
 
 
 
 
 
 
Process & Motion Control
 
$
2,677.7

 
$
2,598.8

 
$
2,671.4

Water Management
 
576.8

 
820.9

 
862.3

Corporate
 
5.2

 
4.0

 
5.6

  Consolidated
 
$
3,259.7

 
$
3,423.7

 
$
3,539.3



Summary of Net Sales and Long-Lived Assets
Net sales to third parties and long-lived assets by geographic region are as follows (in millions):
 
Net Sales
 
Long-lived Assets
 
Year Ended March 31, 2019
 
Year Ended March 31, 2018
 
Year Ended March 31, 2017
 
March 31, 2019
 
March 31, 2018
 
March 31, 2017
United States
$
1,460.6

 
$
1,361.6

 
$
1,285.1

 
$
260.7

 
$
260.9

 
$
261.9

Europe
327.5

 
255.5

 
218.9

 
78.9

 
91.2

 
37.7

Rest of World
262.8

 
234.5

 
208.5

 
43.4

 
44.4

 
41.9

 
$
2,050.9

 
$
1,851.6

 
$
1,712.5

 
$
383.0

 
$
396.5

 
$
341.5