First Quarter 2023 Financial Results
FIRST QUARTER FINANCIAL RESULTS
Income Statement Highlights
Revenue
Reported Net Income
Reported Diluted Earnings Per Share
Adjusted Net Income ¹
2023*
$2,000
6
552
$1.19
607
First Quarter
$1.31
2022*
$1,986
595
$1.26
625
Adjusted Diluted Earnings Per Share ¹,2
* Millions of dollars, except per share data
1 Adjusted net income and adjusted diluted earnings per share (non-GAAP financial measures) are defined as reported net income and reported diluted earnings per share, excluding purchase
accounting adjustments, acquisition-related costs and certain significant items.
2 Adjusted diluted earnings per share decrease of 1% includes 0% foreign exchange impact, an operational decrease of 1%.
Change
1%
$1.32
(7)%
(6)%
(3)%
(1)%
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