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Other Income and Expense
 9 Months Ended
Dec. 31, 2023
Other Income and Expense [Abstract]  
Other Income and Expense
Note 8: Other Income and Expense

Other income and expense consisted of the following:

  Three months ended December 31,     Nine months ended December 31,  
   
2023
    
2022
    
2023
    
2022
  
Interest income
  
$
1.4
    
$
0.3
    
$
3.1
    
$
0.7
  
Foreign currency transactions (a)
    
(1.1
)
    
(0.3
)
    
(1.6
)
    
(3.4
)
Net periodic benefit cost (b)
    
(0.8
)
    
(0.4
)
    
(2.5
)
    
(1.4
)
Total expense – net
  
$
(0.5
)
  
$
(0.4
)
  
$
(1.0
)
  
$
(4.1
)

(a)
Foreign currency transactions primarily consist of foreign currency transaction gains and losses on the re-measurement or settlement of foreign currency-denominated assets and liabilities, including intercompany loans and transactions denominated in a foreign currency, along with gains and losses on certain foreign currency exchange contracts.

(b)
Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.