Product Warranties

9 Months Ended

Dec. 31, 2025

Product Warranties

Product Warranties

Note 15: Product Warranties

Changes in accrued warranty costs were as follows:

	Three months ended December 31,
	2025		2024
Beginning balance	$	7.8	$	11.1
Warranties recorded at time of sale		2.6		1.8
Adjustments to pre-existing warranties		2.7		(0.3)
Settlements		(3.8)		(1.5)
Effect of exchange rate changes		—		(0.4)
Ending balance	$	9.3	$	10.7

	Nine months ended December 31,
	2025		2024
Beginning balance	$	9.2	$	10.7
Warranties recorded at time of sale		6.6		5.6
Adjustments to pre-existing warranties		0.5		(0.7)
Settlements		(8.1)		(4.8)
Business acquisitions (a)		0.9		—
Effect of exchange rate changes		0.2		(0.1)
Ending balance	$	9.3	$	10.7
____

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