Q3 2019 Financial Results
Adjusted EBITDA Reconciliation
($ in millions)
Net income (loss)
Interest expense, net
J
Provision for income taxes
Depreciation and amortization
EBITDA
A Debt extinguishment and refinancing related costs
B Termination benefits and other employee related costs
C Consulting and advisory
D Offering and transactional costs
E (Gain) loss on divestiture
F Foreign exchange remeasurement losses
G Long-term employee benefit plan adjustments
H Stock-based compensation
I Dividends in respect of noncontrolling interest
Other adjustments
Total Adjustments
Adjusted EBITDA
PROPRIETARY
$
$
$
$
LTM
9/30/2019
287 $
164
56
362
869 $
2
35
4
1
3
5
20
(1)
4
73 $
941 $
Q3 2019
66 $
40
18
87
212 $
21 - | +
(1)
|
37 $
249 $
16
Q2 2019
100 $
41
18
89
248 $
| | € ~ | € | ||
(1)
(1)
4 $
251 $
Q1 2019
44 $
41
14
92
191 $
T
1
T
1
5
2
T
7
(1)
I
15 $
207 $
Q3 2018
(12) $
40
14
93
135 $
T
82
1
7
9
T
100 $
235 $
Q2 2018
77 $
39
22
90
229 $
8
(1)
2
(1)
10
1
19 $
248 $
Q1 2018
71 $
214 $
€ | € ∞ € I
(1)
6 $
220 $
A
AXALTAⓇ
FY 2018
213
160
54
369
796
10
82
1
9
37
(1)
5
141
937
AXALTA COATING SYSTEMSView entire presentation