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Discontinued Operations (Tables)
12 Months Ended
Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations The major components of the Loss from discontinued operations, net of tax presented in the consolidated statements of operations during the fiscal years ended March 31, 2020, 2019 and 2018 are included in the table below (in millions):
Fiscal Years Ended
March 31, 2020March 31, 2019 (2)March 31, 2018
Net sales$—  $124.3  $214.4  
Cost of sales—  94.9  166.5  
Selling, general and administrative expenses—  35.1  56.5  
Restructuring and other similar charges—  —  4.7  
Amortization of intangible assets—  0.3  1.4  
Non-cash asset impairments (1)—  126.0  111.2  
Loss on sale of discontinued operations1.8  22.5  —  
Other non-operating expenses, net—  3.2  4.7  
Loss from discontinued operations before income tax(1.8) (157.7) (130.6) 
Income tax benefit —  3.0  —  
Loss from discontinued operations, net of tax$(1.8) $(154.7) $(130.6) 
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(1)The Company recorded non-cash impairments of $126.0 million during the year ended March 31, 2019 to reflect the Company's estimated fair value less costs to sell the VAG business based on the value of the preliminary bids received at that time.
(2)Results of operations in fiscal 2019 reflect the period through November 26, 2018, the date on which the sale of the VAG business was completed.
        The consolidated statements of cash flows for the prior periods presented have not been adjusted to separately disclose cash flows related to discontinued operations. However, the significant investing cash flows and other significant non-cash operating items associated with the discontinued operations were as follows (in millions):
Fiscal Years Ended
March 31, 2020March 31, 2019March 31, 2018
Depreciation$—  $4.1  $8.6  
Amortization of intangible assets—  0.3  1.4  
Non-cash discontinued operations asset impairments—  126.0  111.2  
Non-cash loss on sale of discontinued operations—  22.5  —  
Stock-based compensation—  —  0.5  
Capital expenditures—  2.4  2.7  
Net (payments) proceeds from divestiture of discontinued operations(1.3) 9.0  —