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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net earnings $ 137.3 $ 63.3
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 41.1 40.7
Gain on sale of assets (4.0) 0.0
Stock-based compensation expense 7.7 5.0
Deferred income taxes 4.7 (0.9)
Other - net 4.7 4.0
Changes in operating assets and liabilities:    
Trade accounts receivable 26.9 5.4
Inventories (18.5) (40.0)
Accounts payable (67.8) (9.3)
Other assets and liabilities 42.9 (0.3)
Net cash provided by operating activities 175.0 67.9
Cash flows from investing activities:    
Expenditures for property, plant and equipment (43.8) (35.2)
Payments for business acquisition (4.8) 0.0
Proceeds from (payments for) disposition of assets (0.6) 0.1
Other - net (5.3) (0.1)
Net cash used for investing activities (54.5) (35.2)
Cash flows from financing activities:    
Borrowings of debt 176.6 233.8
Repayments of debt (193.6) (226.4)
Borrowings (repayments) on bank overdraft facilities - net (3.7) 4.6
Purchases of treasury stock under share repurchase program (13.3) (4.7)
Dividend paid to noncontrolling interest (0.5) (0.6)
Other - net (2.9) 0.7
Net cash (used for) provided by financing activities (37.4) 7.4
Effect of exchange rate changes on cash 0.9 (3.1)
Net increase in cash, cash equivalents, and restricted cash 84.0 37.0
Cash, cash equivalents and restricted cash - beginning of period 67.2 45.4
Cash, cash equivalents and restricted cash - end of period $ 151.2 $ 82.4