Product Warranties

6 Months Ended

Sep. 30, 2025

Product Warranties

Product Warranties

Note 15: Product Warranties

Changes in accrued warranty costs were as follows:

	Three months ended September 30,
	2025		2024
Beginning balance	$	6.5	$	10.8
Warranties recorded at time of sale		2.1		1.9
Adjustments to pre-existing warranties		0.6		(0.3)
Settlements		(2.2)		(1.6)
Business acquisitions (a)		0.9		—
Effect of exchange rate changes		(0.1)		0.3
Ending balance	$	7.8	$	11.1

	Six months ended September 30,
	2025		2024
Beginning balance	$	9.2	$	10.7
Warranties recorded at time of sale		4.0		3.8
Adjustments to pre-existing warranties		(2.2)		(0.4)
Settlements		(4.3)		(3.3)
Business acquisitions (a)		0.9		—
Effect of exchange rate changes		0.2		0.3
Ending balance	$	7.8	$	11.1
____

(a) See Note 2 for additional information on acquisitions during fiscal 2026.