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Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts
Schedule II. Valuation and Qualifying Accounts
Lions Gate Entertainment Corp.
March 31, 2023
(In Millions)
  Additions    
DescriptionBalance at
Beginning of Period
Charged to Costs
and Expenses(1)
Charged to Other
Accounts
 Deductions Balance at
End of Period
Year Ended March 31, 2023:       
Reserves:       
Returns and allowances$19.3 $40.6 $— $(42.3)
(2)
$17.6 
Provision for doubtful accounts$11.5 $1.1 $— $(3.4)
(3)
$9.2 
Deferred tax valuation allowance$362.8 $115.9 $(23.0)
(4)
$— $455.7 
Year Ended March 31, 2022:    
 
 
Reserves:    
 
 
Returns and allowances$26.1 $44.4 $— $(51.2)
(2)
$19.3 
Provision for doubtful accounts$6.5 $5.3 $— $(0.3)
(3)
$11.5 
Deferred tax valuation allowance$350.9 $40.4 $(28.5)
(4)
$— $362.8 
Year Ended March 31, 2021:    
 
 
Reserves:    
 
 
Returns and allowances$33.7 $53.3 $— $(60.9)
(2)
$26.1 
Provision for doubtful accounts$9.3 $(2.5)$— $(0.3)
(3)
$6.5 
Deferred tax valuation allowance$435.8 $(56.3)$(28.6)
(4)
$— $350.9 
____________________________
(1)Charges for returns and allowances are charges against revenue.
(2)Actual returns and fluctuations in foreign currency exchange rates.
(3)Uncollectible accounts written off and fluctuations in foreign currency exchange rates. Includes $2.5 million related to accounts receivable previously reserved for bad debt from customers in Russia, related to Russia's invasion of Ukraine.
(4)Valuation allowance adjustments recorded in other comprehensive income and primarily associated with hedging activity.