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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Mar. 31, 2018
Current assets    
Cash and cash equivalents $ 169.9 $ 163.1
Receivables, net 262.5 290.5
Inventories 697.0 660.7
Prepaid expenses and other current assets 164.8 147.8
Total current assets 1,294.2 1,262.1
Property and equipment, net 560.7 583.2
Intangible assets, net 1,178.1 1,235.7
Goodwill 806.2 847.7
Deferred tax assets 46.2 56.2
Other assets 75.4 74.1
Total assets 3,960.8 4,059.0
Current liabilities    
Accounts payable 279.3 294.1
Accrued payroll and payroll related expenses 67.9 93.0
Accrued income taxes 33.1 77.6
Short-term debt 266.9 200.0
Accrued expenses and other current liabilities 298.5 295.6
Total current liabilities 945.7 960.3
Deferred rent 132.7 128.4
Deferred tax liabilities 182.5 186.3
Long-term debt 554.2 674.4
Other long-term liabilities 104.2 88.1
Total liabilities 1,919.3 2,037.5
Commitments and contingencies
Shareholders’ equity    
Ordinary shares, no par value; 650,000,000 shares authorized; 212,209,545 shares issued and 149,168,595 outstanding at June 30, 2018; 210,991,091 shares issued and 149,698,407 outstanding at March 31, 2018 0.0 0.0
Treasury shares, at cost (63,040,950 shares at June 30, 2018 and 61,292,684 shares at March 31, 2018) (3,121.8) (3,015.9)
Additional paid-in capital 850.1 831.1
Accumulated other comprehensive (loss) income (40.5) 50.5
Retained earnings 4,350.1 4,152.0
Total shareholders’ equity of MKHL 2,037.9 2,017.7
Noncontrolling interest 3.6 3.8
Total shareholders’ equity 2,041.5 2,021.5
Total liabilities and shareholders’ equity $ 3,960.8 $ 4,059.0