Q2 2022 Earnings Release
Free Cash Flow Reconciliation
19
Pentair plc and Subsidiaries
Reconciliation of the GAAP Operating Activities Cash Flow to the Non-GAAP Free Cash Flow (Unaudited)
Three months
Three months
ended
Six months
ended
ended
March 31,
June 30,
June 30,
In millions
2022
2022
2022
Net cash (used for) provided by operating activities of continuing operations
Capital expenditures
$
(131.5)
$
307.8
$
176.3
(17.7)
(22.4)
(40.1)
Proceeds from sale of property and equipment
2.9
2.9
Free cash flow from continuing operations
$
(149.2)
$
288.3
$
139.1
Net cash used for discontinued operations
Free cash flow
(1.0)
(1.0)
$
(149.2)
$
287.3
$
138.1
In millions
Net cash (used for) provided by operating activities of continuing operations
Capital expenditures
Proceeds from sale of property and equipment
Free cash flow from continuing operations
Net cash used for discontinued operations
Free cash flow
Q2 2022 Earnings Release. 2022 Pentair. All Rights Reserved.
Three months
ended
Three months
ended
March 31,
2021
June 30,
Six months
ended
June 30,
2021
2021
(18.8)
$
379.8
361.0
(13.2)
(11.1)
(24.3)
3.4
0.1
3.5
$
(28.6)
$
368.8
$
340.2
(0.2)
(0.2)
$
(28.8)
$
368.8
$
340.0
PENTAIRView entire presentation