1Q 2021 Investor Presentation
Reconciliation of Adjusted Financial Measures
to U.S. GAAP (cont.)
Moody's Corporation Diluted EPS Reconciliation
2015
2016
2017
2018
2019
Diluted EPS - U.S. GAAP
$4.63
$1.36
$5.15
$6.74
$7.42
2020
$9.39
2021F1
$10.40 $10.70
Legacy Tax
(0.03)
Impact of Litigation Settlement
$3.59
Captive insurance company settlement
$0.06
ICRA Gain
FX gain on liquidation of a subsidiary
Restructuring
CCXI Gain
($0.18)
$0.04
$0.19
$0.23
$0.20
~$0.02
($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
~$0.58
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
1. Guidance as of April 28, 2021.
Note: Table may not sum to total due to rounding.
Moody's | Better decisions
$0.07
$4.71
$4.94
$6.07
$7.39
$8.29
$10.15
$11.00 $11.30
1Q 2021 Investor Presentation 76View entire presentation