RECONCILIATION OF GAAP OPERATING INCOME TO NON-GAAP OPERATING INCOME
Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||
Operating income, as reported | $ | 811.6 | $ | 515.0 | $ | 2,268.0 | $ | 1,300.1 | |||||||
Share-based compensation expense | 44.0 | 50.9 | 126.5 | 163.2 | |||||||||||
Acquisition-related | 0.3 | 1.2 | 2.0 | 3.9 | |||||||||||
Professional services associated with certain legal matters | — | 1.8 | 3.2 | 5.6 | |||||||||||
IT security remediation | — | 0.2 | — | 0.2 | |||||||||||
Amortization of acquired intangible assets | 167.4 | 215.7 | 502.5 | 647.0 | |||||||||||
Special charges (income) and other, net | 6.5 | (0.3 | ) | (6.1 | ) | 20.4 | |||||||||
Non-GAAP operating income | $ | 1,029.8 | $ | 784.5 | $ | 2,896.1 | $ | 2,140.4 | |||||||
GAAP operating income as a percentage of net sales | 37.4 | % | 29.3 | % | 36.5 | % | 26.1 | % | |||||||
Non-GAAP operating income as a percentage of net sales | 47.5 | % | 44.6 | % | 46.7 | % | 43.0 | % |