Q3 2019 Financial Results
Adjusted EBIT (cont'd)
A. Represents expenses and associated changes to estimates related to employee termination benefits and
other employee-related costs. Employee termination benefits are associated with Axalta Way initiatives.
These amounts are not considered indicative of our ongoing operating performance.
B.
Represents legal and advisory fees pertaining to our previously announced comprehensive review of strategic
alternatives. These amounts are not considered indicative of our ongoing performance.
C. Represents acquisition and divestiture-related expenses, all of which are not considered indicative of our
ongoing operating performance.
A
AXALTAⓇ
D. Represents the impacts recognized on the sale of our interest in a joint venture business, which is not
considered indicative of our ongoing operating performance.
E.
Represents incremental depreciation expense resulting from truncated useful lives of the assets impacted by
our manufacturing footprint assessments, which we do not consider indicative of our ongoing operating
performance.
F. Represents the incremental step-up depreciation and amortization expense associated with the acquisition of
DuPont Performance Coatings by Axalta. We believe this will assist investors in performing meaningful
comparisons of past, present and future operating results and better highlight esults of our ongoing
operating performance.
PROPRIETARY
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AXALTA COATING SYSTEMSView entire presentation