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) Business Segment EBIT Pretax earnings (GAAP) Corp. items and interest expense, net Business segment EBIT Restructuring and related costs Amortization of intangibles Adjusted business segment EBITA* Business Segment EBIT Margin Pretax margin (GAAP) Corp. items and interest expense, net % of sales Segment EBIT Restructuring and related costs % of sales Amortization of intangibles % of sales Adjusted business segment EBITA margin* Q3 FY21 $ 784 $ 112 896 Q3 FY22 1,195 (201) 994 Change 52% 41% 11% 25 33 1% 79 124 3% 1,000 1,151 15% Q3 FY21 Q3 FY22 Change 16.7% 23.9% 720 bps 2.4% (4.0)% (640) bps 19.1% 19.9% 80 bps 0.5% 0.7% 20 bps 1.7% 21.3% 2.4% 70 bps 23.0% 170 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 31

View entire presentation