Business Segment Information (Tables)

12 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Business Segment Information

Business Segment Information:

(in Millions)

	Years Ended
	March 31, 2020		March 31, 2019		March 31, 2018
Net sales by product
Process & Motion Control:
Original equipment manufacturers/ end-users	$	766.8	$	768.5	$	690.5
Maintenance, repair, and operations	591.4		612.1		550.7
Total Process & Motion Control	1,358.2		1,380.6		1,241.2
Water Management:
Water safety, quality, flow control and conservation	661.0		624.4		566.9
Water infrastructure	49.1		45.9		43.5
Total Water Management	710.1		670.3		610.4
Consolidated net sales	2,068.3		2,050.9		1,851.6
Income (loss) from operations
Process & Motion Control	228.4		226.1		191.3
Water Management	163.1		139.7		125.7
Corporate	(57.2)		(60.2)		(50.6)
Consolidated income from operations	334.3		305.6		266.4
Non-operating expense:
Interest expense, net	(58.6)		(69.9)		(75.1)
Gain (loss) on the extinguishment of debt	1.0		4.3		(11.9)
Actuarial (loss) gain on pension and postretirement benefit obligations	(36.6)		0.4		3.3
Other (expense) income, net	(3.8)		(1.6)		4.4
Income from continuing operations before income taxes	236.3		238.8		187.1
(Provision) benefit for income taxes	(54.1)		(53.4)		19.5
Equity method investment income	—		3.6		—
Net income from continuing operations	182.2		189.0		206.6
Loss from discontinued operations, net of tax	(1.8)		(154.7)		(130.6)
Net income	180.4		34.3		76.0
Non-controlling interest income	0.3		—		0.1
Net income attributable to Rexnord	180.1		34.3		75.9
Dividends on preferred stock	(14.4)		(23.2)		(23.2)
Net income attributable to Rexnord common stockholders	$	165.7	$	11.1	$	52.7
Depreciation and Amortization
Process & Motion Control	$	59.6	$	63.0	$	56.0
Water Management	26.5		24.9		23.7
Corporate	0.5		—		—
Consolidated	$	86.6	$	87.9	$	79.7
Capital Expenditures
Process & Motion Control	$	34.6	$	36.3	$	34.2
Water Management	6.8		6.2		3.8
Consolidated	$	41.4	$	42.5	$	38.0
	March 31, 2020		March 31, 2019		March 31, 2018
Total Assets
Process & Motion Control	$	2,953.0	$	2,677.7	$	2,598.8
Water Management	656.7		576.8		820.9
Corporate	17.4		5.2		4.0
Consolidated	$	3,627.1	$	3,259.7	$	3,423.7

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, 2020		Year Ended March 31, 2019		Year Ended March 31, 2018		March 31, 2020		March 31, 2019		March 31, 2018
United States	1,472.7		1,460.6		1,361.6		$	264.7	$	260.7	$	260.9
Europe	298.9		327.5		255.5		72.9		78.9		91.2
Rest of World	296.7		262.8		234.5		41.2		43.4		44.4
	$	2,068.3	$	2,050.9	$	1,851.6	$	378.8	$	383.0	$	396.5