2022 Q3 Financial Results slide image

2022 Q3 Financial Results

Reconciliation of Non-GAAP Measures This information reconciles non-GAAP measures (denoted with a *) with the most directly comparable GAAP measure (dollars in millions, except per share amounts) EBIT Pretax earnings (GAAP) Interest expense, net Earnings before interest and taxes* Restructuring and related costs Amortization of intangibles Gain on sale of business Russia business exit Acquisition/divestiture costs OSI purchase accounting items Adjusted earnings before interest and taxes* EBIT Margin Pretax margin (GAAP) Interest expense, net EBIT margin* Restructuring and related costs Amortization of intangibles Gain on sale of business Russia business exit Acquisition/divestiture costs OSI purchase accounting items Adjusted EBITA margin* Q3 FY21 $ 784 $ 37 $ 821 32 Q3 FY22 1,195 50 1,245 97 79 34 124 (483) 162 61 10 942 $ 1,143 Q3 FY21 Q3 FY22 Change 16.7% 0.8% 23.9% 1.0% 720 bps 20 bps 17.5% 24.9% 740 bps 0.7% 0.7% - bps 1.7% 2.5% 80 bps -% (9.7)% (970) bps -% 3.2% 320 bps -% 1.2% 120 bps 0.2% 20.1% -% (20) bps 22.8% 270 bps References to trailing 3-month or T3M orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding acquisitions and divestitures References to underlying orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding currency, acquisitions and divestitures References to underlying sales in this presentation exclude the impact of acquisitions, divestitures and currency translation 29
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