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Treasury's Financial Crimes Enforcement Network (FinCEN), mail theft complaints rose by 161% from March 2020 to February 2021 over the same period a year earlier. In 2021, there were over 350,000 suspicious activity reports by financialinstitutions to report potential check fraud -- and in 2022, this number nearly doubled to 680,000.
We are in a solid financial position with net debt leverage of 2.9 times, matching the lowest level in IGT history, manageable near-term debt maturities, and $1.7 We see the strong support through the extension of bank financing commitments to seven more high-caliber financialinstitutions. billion in liquidity.
A financialinstitution customer standardized on our firewalls, including an ELA, in a transaction for over $20 million after standardizing on our network security platform with SASE in fiscal year 2024. On our balance sheet, you will see that our debt balance came down by over $300 million.
CDPQ is one of the only investors in the world to have made a commitment to encourage tax bestpractices at its portfolio companies, including compliance with a minimum tax rate of at least 15%, as recommended by the OECD and supported by the G20. Governance CDPQ employs solid governance practices.
SentinelOne leads the industry with best-in-class AI-powered security and customer transparency. Mission-critical businesses around the world rely on our technology, platform architecture, and engineering bestpractices. This was an avoidable incident that was born under disregard for software deployment bestpractices.
We're also able to leverage our own data and bestpractice documentation to assist our engineering teams and to provide an easily accessible natural language interface over our data analytics platform. They're using that money to fund a remodel, they're using it to consolidate debt. Rick Shane -- Analyst Got it. It makes sense.
We're on track to fully deliver in line with guidance on all aspects of the combination through efficiencies, cost synergies, and free cash flow impact leveraging operational bestpractices from Aon business services. Turning now to our balance sheet and debt capacity. You could put financialinstitutions.
I got to listen to the great capabilities that we have, and the team briefed me on the work they do with Banco Sabadell, a leading Spanish financialinstitution. Net interest expense was $22 million, an increase of $7 million year over year primarily due to a higher level of variable interest expense on short-term debt.
For example, Canadian funds have replicated the treasury functions of large financialinstitutions – managing cash, liquidity, inflows, outflows, leverage, risk management, trading and so on, more efficiently. And Canadian pensions have adopted some of their bestpractices and applied them to pension investment.
A bestpractice is using an end-to-end Reflection loop, where the LLM that is constantly trained on feedback from the evaluations is used to test Agent output for accuracy. Human-in-the-loop oversight : Financialinstitutions introduce validation layers and human review for high-risk AI outputs to ensure accuracy.
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