Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Income Taxes - Reconciled Tax at Statutory Rates (Details)

v3.25.1
Income Taxes - Reconciled Tax at Statutory Rates (Details) - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Income Tax Disclosure [Abstract]      
Income tax expense computed at the statutory tax rates $ 117.9 $ 135.1 $ 135.1
US state income taxes, net of the federal benefit 15.2 14.0 10.6
Asbestos - effect of foreign exchange 0.0 (3.2) (13.3)
Expenses not deductible 14.2 3.6 3.3
Stock and executive compensation 2.4 7.6 1.9
Foreign taxes on domestic income 50.8 60.2 61.2
Taxes on foreign income 17.2 17.7 12.0
Net deferred tax remeasurement (1.1) 7.3 2.3
Other items 4.8 2.3 (1.6)
Total income tax expense $ 221.4 $ 244.6 $ 211.5
Effective tax rate (as percent) 34.30% 32.40% 29.20%