| Three Months Ended March 31, | Twelve Months Ended March 31, | ||||||||||||||
| 2023 | 2022 | 2023 | 2022 | ||||||||||||
| Other expense, net, as reported | $ | (46.2 | ) | $ | (70.3 | ) | $ | (206.3 | ) | $ | (367.1 | ) | |||
| Loss on settlement of debt | — | 11.8 | 8.3 | 113.4 | |||||||||||
| Non-cash other expense, net | — | 8.4 | 0.1 | 38.6 | |||||||||||
| Gains on equity investments | — | — | — | (5.5 | ) | ||||||||||
| Non-GAAP other expense, net | $ | (46.2 | ) | $ | (50.1 | ) | $ | (197.9 | ) | $ | (220.6 | ) | |||
| GAAP other expense, net, as a percentage of net sales | (2.1) % | (3.8) % | (2.4) % | (5.4) % | |||||||||||
| Non-GAAP other expense, net, as a percentage of net sales | (2.1) % | (2.7) % | (2.3) % | (3.2) % | |||||||||||
Microchip Technology Announces Record Financial Results for Fourth Quarter and Fiscal Year 2023
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RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
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