RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
Three Months Ended March 31, | Twelve Months Ended March 31, | ||||||||||||||
2024 | 2023 | 2024 | 2023 | ||||||||||||
Other expense, net, as reported | $ | (53.8 | ) | $ | (46.2 | ) | $ | (205.1 | ) | $ | (206.3 | ) | |||
Loss on settlement of debt | — | — | 12.2 | 8.3 | |||||||||||
Non-cash other expense, net | — | — | — | 0.1 | |||||||||||
Non-GAAP other expense, net | $ | (53.8 | ) | $ | (46.2 | ) | $ | (192.9 | ) | $ | (197.9 | ) | |||
GAAP other expense, net, as a percentage of net sales | (4.1 | )% | (2.1 | )% | (2.7 | )% | (2.4 | )% | |||||||
Non-GAAP other expense, net, as a percentage of net sales | (4.1 | )% | (2.1 | )% | (2.5 | )% | (2.3 | )% |