RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||
Other expense, net, as reported | $ | (49.4 | ) | $ | (73.5 | ) | $ | (160.1 | ) | $ | (296.8 | ) | |||
Loss on settlement of debt | — | 16.1 | 8.3 | 101.6 | |||||||||||
Non-cash other expense, net | — | 9.2 | 0.1 | 30.2 | |||||||||||
Gains on equity investments | — | (5.5 | ) | — | (5.5 | ) | |||||||||
Non-GAAP other expense, net | $ | (49.4 | ) | $ | (53.7 | ) | $ | (151.7 | ) | $ | (170.5 | ) | |||
GAAP other expense, net, as a percentage of net sales | (2.3 | )% | (4.2 | )% | (2.6 | )% | (6.0 | )% | |||||||
Non-GAAP other expense, net, as a percentage of net sales | (2.3 | )% | (3.1 | )% | (2.4 | )% | (3.4 | )% |