Financial Performance Summary Q1 2023

Adjusted Effective Tax Rate Reconciliation 13 In millions Income before income taxes Income tax expense Effective tax rate Three Months Ended 3/31/2023 Three Months Ended 3/31/2022 $849 $832 175 165 21% 20% Income before income taxes Add: Amortization of acquisition-related intangibles Add: Transaction and integration costs Less: Net interest income on pre-acquisition-related debt Add: Net losses from unconsolidated investees 21 Add: Other Adjusted income before income taxes Income tax expense Add: Income tax effect for the above items Add/(Less): Deferred tax adjustments on acquisition related intangibles Add: Other tax adjustments Adjusted income tax expense Adjusted effective tax rate $849 $832 150 153 8 (6) 35 42 16 9 $1,065 $1,044 $175 $165 57 58 (1) 7 24 $255 $230 24% 22% Ice

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