Investor Presentaiton
Reconciliation of Adjusted Financial Measures
to U.S. GAAP (cont.)
Moody's Corporation Diluted EPS Reconciliation
2015
2016
2017
2018
2019
2020
2021F1
Diluted EPS - U.S. GAAP
$4.63
$1.36
$5.15
$6.74
$7.42
$9.39
$10.90 $11.20
Legacy Tax
(0.03)
Impact of Litigation Settlement
$3.59
Captive insurance company settlement
$0.06
FX gain on liquidation of a subsidiary
($0.18)
Restructuring
CCXI Gain
$0.04
$0.19
$0.23
$0.20
Negligible
($0.31)
Acquisition-Related Expenses
$0.10
$0.03
$0.02
Purchase Price Hedge Gain
($0.37)
Acquisition-Related Intangible Amortization
$0.11
$0.13
$0.23
$0.40
$0.42
$0.51
~$0.65
Expenses
Loss pursuant to the divestiture of MAKS
$0.07
$0.05
Impact of U.S. tax reform
$1.28
($0.30)
Net Impact of U.S./European tax change on
($0.01)
deferred taxes
Increase to non-U.S. UTPS
$0.33
Tax charge pursuant to the divestiture of MAKS
Adjusted Diluted EPS
$4.71
$4.94
$6.07
$7.39
$0.07
$8.29
$10.15
$11.55 $11.85
1. See press release titled "Moody's to Acquire RMS, Leader In Climate & Natural Disaster Risk" from August 5, 2021 for Moody's complete full year 2021 guidance. Includes assumptions related to RMS's conformity to Moody's accounting
policies, as well as the estimated impact of acquisition accounting.
Note: Table may not sum to total due to rounding.
Moody's | Better decisions
2Q 2021 Investor Presentation 80View entire presentation