Impact of Additional Week on Net Sales
Reconciliation of Non-GAAP Financial Measures to GAAP
Financial Measures for the Nine Months Ended June
30, 2023
21
Operating income:
U.S. GAAP
Adjustments
Acquisition- Restructuring
and Other
(1)
Related
Charges Charges, Net (1)
($ in millions, except per share data)
Adjusted
(Non-GAAP)
(2)
Transportation Solutions
$
1,040
$
2 $
179
Industrial Solutions
440
21
$ཅ
$
1,221
68
529
Communications Solutions
189
3
36
228
Total
$
1,669
$
26 $
283
$
1,978
Operating margin
13.9 %
Other expense, net
$
(13)
$
Income tax expense
$
(283)
Effective tax rate
17.3 %
Income from continuing operations
Diluted earnings per share from continuing
operations
16.5 %
$
(13)
$
$
(370)
19.0 %
$
1,351
$
21
$
201
$
1,573
$
4.25
$
0.07
$
0.63
$
4.95
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax
laws in effect for each such jurisdiction.
(2) See description of non-GAAP financial measures.
TE
connectivityView entire presentation