RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
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Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||||
2023 | 2022 | 2023 | 2022 | ||||||||||||
Other expense, net, as reported | $ | (45.1 | ) | $ | (49.4 | ) | $ | (151.3 | ) | $ | (160.1 | ) | |||
Loss on settlement of debt | — | — | 12.2 | 8.3 | |||||||||||
Non-cash other expense, net | — | — | — | 0.1 | |||||||||||
Non-GAAP other expense, net | $ | (45.1 | ) | $ | (49.4 | ) | $ | (139.1 | ) | $ | (151.7 | ) | |||
GAAP other expense, net, as a percentage of net sales | (2.6 | )% | (2.3 | )% | (2.4 | )% | (2.6 | )% | |||||||
Non-GAAP other expense, net, as a percentage of net sales | (2.6 | )% | (2.3 | )% | (2.2 | )% | (2.4 | )% |