Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Jun. 30, 2021

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss were as follows:

	Three months ended June 30, 2021
	Foreign Currency Translation			Defined Benefit Plans			Cash Flow Hedges			Total
Beginning balance	$	(31.0	)	$	(130.8	)	$	0.6		$	(161.2	)
Other comprehensive income before reclassifications		5.0			-			0.3			5.3
Reclassifications:
Amortization of unrecognized net loss (a)		-			1.7			-			1.7
Unrecognized net pension loss in disposed business (b)		-			1.7			-			1.7
Realized gains - net (c)		-			-			(0.7	)		(0.7	)
Income taxes		-			-			-			-
Total other comprehensive income		5.0			3.4			(0.4	)		8.0
Ending balance	$	(26.0	)	$	(127.4	)	$	0.2		$	(153.2	)

	Three months ended June 30, 2020
	Foreign Currency Translation			Defined Benefit Plans			Cash Flow Hedges			Total
Beginning balance	$	(61.4	)	$	(160.9	)	$	(1.0	)	$	(223.3	)
Other comprehensive income before reclassifications		5.3			-			0.8			6.1
Reclassifications:
Amortization of unrecognized net loss (a)		-			1.6			-			1.6
Realized losses - net (c)		-			-			0.5			0.5
Income taxes		-			(0.4	)		(0.3	)		(0.7	)
Total other comprehensive income		5.3			1.2			1.0			7.5
Ending balance	$	(56.1	)	$	(159.7	)	$	-		$	(215.8	)

(a) Amounts are included in the calculation of net periodic benefit cost for the Company’s defined benefit plans, which include pension and other postretirement plans. See Note 5 for additional information about the Company’s pension plans.

(b) As a result of the sale of the air-cooled automotive business, the Company wrote-off $1.7 million of net actuarial losses related to the disposed business’s pension plan as a component of the loss on sale recorded during the first quarter of fiscal 2022. See Note 1 for additional information.

(c) Amounts represent net gains and losses associated with cash flow hedges that were reclassified to net earnings.