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Property, Plant and Equipment
12 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 12: Property, Plant and Equipment

Property, plant and equipment, including depreciable lives, consisted of the following:

 
March 31,
 
   
2021
   
2020
 
Land
 
$
16.4
   
$
19.7
 
Buildings and improvements (10-40 years)
   
203.5
     
276.7
 
Machinery and equipment (3-15 years)
   
623.2
     
870.3
 
Office equipment (3-10 years)
   
81.3
     
95.2
 
Construction in progress
   
19.0
     
40.5
 
     
943.4
     
1,302.4
 
Less: accumulated depreciation
   
(673.5
)
   
(854.4
)
Net property, plant and equipment
 
$
269.9
   
$
448.0
 

At March 31, 2021, property, plant and equipment excluded amounts classified as held for sale.  In addition, upon classifying the liquid- and air-cooled automotive businesses as held for sale, the Company ceased depreciating the property, plant and equipment within the disposal groups.  See Note 2 for additional information.

Depreciation expense totaled $60.1 million, $68.2 million, and $67.9 million for fiscal 2021, 2020, and 2019, respectively. Gains and losses related to the disposal of property, plant and equipment are recorded within SG&A expenses.  For fiscal 2021, 2020, and 2019, losses related to the disposal of property, plant and equipment totaled $0.7 million, $0.6 million, and $0.9 million, respectively.