Adjusted EPS Financial Overview
Non-GAAP measures – adjusted EPS (cont.)
-
Percent
Three Months Ended Jan 31, 2023
Three Months Ended Jan 31, 2022
Change
Diluted earnings per share:
Reported EPS
$2.32
$1.28
+81.3%
Adjustments:
Pre-Tax
Impact
Tax
Unrealized and realized (gains) and losses on equity and other investments
Business reorganization and restructuring charges
$(1.43)
Impact¹²
$0.27
NCI
Impact³
$-
Pre-Tax
Tax
Net Impact
$(1.16)
0.31
0.40
(0.16)
Net Adjustments
0.55
$(0.61)
Impact
$0.22
0.08
Impact
$(0.05)
(0.02)
NCI
Impact³
$0.02
Net Impact
$0.19
0.06
$0.25
Adjusted EPS
$1.71
$1.53
+11.8%
Three Months Ended Oct 31, 2022
Three Months Ended Oct 31, 2021
Percent
Change
Diluted earnings per share:
Reported EPS
Adjustments:
$(0.66)
$1.11
NM
Unrealized and realized (gains) and losses on equity and other investments
Opioid legal charges
Pre-Tax
Impact
$1.34
Tax
Impact'
$(0.24)
NCI
Impact³
$0.01
Net Impact
$1.11
Pre-Tax
Impact
$(0.42)
Tax
Impact
$0.09
NCI
Impact
Net Impact
$(0.33)
1.22
(0.17)
1.05
0.86
Loss on extinguishment of debt
(0.19)
Net Adjustments
$2.16
0.67
$0.34
Adjusted EPS4
Tax impact calculated based on nature of item, including any realizable deductions, and statutory rate in effect for relevant jurisdictions.
Business reorganization and restructuring charges include tax amounts incurred on separation of Flipkart and Phone Pe..
$1.50
3 Calculated based on the ownership percentages of our noncontrolling interests.
4
Adjusted EPS for the three months ended October 31, 2022 was calculated using weighted average shares outstanding of 2,720 million, which includes the dilutive impact of share-based payment awards.
NM not meaningful
$1.45
+3.4%View entire presentation