Assets Held for Sale (Tables)

9 Months Ended

Dec. 31, 2020

Assets Held for Sale [Abstract]

Assets and Liabilities Held for Sale

The Company separately classified the assets and liabilities of the liquid-cooled automotive business as held for sale on the December 31, 2020 consolidated balance sheet.  The assets and liabilities held for sale are classified as current as the transaction is expected to close during the first quarter of fiscal 2022.  The major classes of assets and liabilities held for sale were as follows:

	December 31, 2020
ASSETS
Cash and cash equivalents	$	5.3
Trade accounts receivables - net		51.7
Inventories		17.7
Other current assets		11.6
Property, plant and equipment - net		132.0
Other noncurrent assets		7.3
Impairment of carrying value		(132.7	)
Total assets held for sale	$	92.9
LIABILITIES
Short-term debt	$	6.0
Accounts payable		36.9
Accrued compensation and employee benefits		10.2
Other current liabilities		12.7
Pensions		12.4
Other noncurrent liabilities		5.0
Total liabilities held for sale	$	83.2