The following are reconciliations of Net income attributable to Rockwell Automation, diluted EPS, and effective tax rate to Adjusted Income, Adjusted EPS, and Adjusted Effective Tax Rate, respectively:
|
Three Months Ended September 30, |
|
Twelve Months Ended September 30, |
||||||||||||
|
|
2022 |
|
|
|
2021 |
|
|
|
2022 |
|
|
|
2021 |
|
Net income attributable to Rockwell Automation |
$ |
338.9 |
|
|
$ |
78.5 |
|
|
$ |
932.2 |
|
|
$ |
1,358.1 |
|
Non-operating pension and postretirement benefit (credit) cost |
|
(0.3 |
) |
|
|
15.5 |
|
|
|
4.7 |
|
|
|
63.8 |
|
Tax effect of non-operating pension and postretirement benefit (credit) cost |
|
(1.0 |
) |
|
|
(3.8 |
) |
|
|
(1.9 |
) |
|
|
(16.0 |
) |
Change in fair value of investments (1) |
|
(1.4 |
) |
|
|
227.2 |
|
|
|
136.9 |
|
|
|
(397.4 |
) |
Tax effect of change in fair value of investments (1) |
|
0.3 |
|
|
|
(54.8 |
) |
|
|
(30.8 |
) |
|
|
64.7 |
|
| Purchase accounting depreciation and amortization attributable to Rockwell Automation |
|
22.8 |
|
|
|
14.4 |
|
|
|
91.9 |
|
|
|
43.2 |
|
| Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation |
|
(5.5 |
) |
|
|
(3.5 |
) |
|
|
(22.3 |
) |
|
|
(10.5 |
) |
| Adjusted Income |
$ |
353.8 |
|
|
$ |
273.5 |
|
|
$ |
1,110.7 |
|
|
$ |
1,105.9 |
|
|
|
|
|
|
|
|
|
|
||||||||
| Diluted EPS |
$ |
2.91 |
|
|
$ |
0.67 |
|
|
$ |
7.97 |
|
|
$ |
11.58 |
|
| Non-operating pension and postretirement benefit (credit) cost |
|
— |
|
|
|
0.13 |
|
|
|
0.04 |
|
|
|
0.55 |
|
| Tax effect of non-operating pension and postretirement benefit (credit) cost |
|
(0.01 |
) |
|
|
(0.03 |
) |
|
|
(0.02 |
) |
|
|
(0.14 |
) |
| Change in fair value of investments (1) |
|
(0.01 |
) |
|
|
1.94 |
|
|
|
1.17 |
|
|
|
(3.39 |
) |
| Tax effect of change in fair value of investments (1) |
|
— |
|
|
|
(0.47 |
) |
|
|
(0.26 |
) |
|
|
0.55 |
|
| Purchase accounting depreciation and amortization attributable to Rockwell Automation |
|
0.20 |
|
|
|
0.12 |
|
|
|
0.78 |
|
|
|
0.37 |
|
| Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation |
|
(0.05 |
) |
|
|
(0.03 |
) |
|
|
(0.19 |
) |
|
|
(0.09 |
) |
| Adjusted EPS |
$ |
3.04 |
|
|
$ |
2.33 |
|
|
$ |
9.49 |
|
|
$ |
9.43 |
|
|
|
|
|
|
|
|
|
|
||||||||
| Effective tax rate |
|
17.2 |
% |
|
|
(1,634.9 |
) % |
|
|
14.4 |
% |
|
|
11.9 |
% |
| Tax effect of non-operating pension and postretirement benefit (credit) cost |
|
0.3 |
% |
|
|
1,299.0 |
% |
|
|
0.1 |
% |
|
|
0.5 |
% |
| Tax effect of change in fair value of investments (1) |
|
— |
% |
|
|
331.2 |
% |
|
|
0.9 |
% |
|
|
(1.2 |
) % |
| Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation |
|
0.3 |
% |
|
|
1.6 |
% |
|
|
0.6 |
% |
|
|
0.4 |
% |
| Adjusted Effective Tax Rate |
|
17.8 |
% |
|
|
(3.1 |
) % |
|
|
16.0 |
% |
|
|
11.6 |
% |
| (1) Primarily relates to the change in fair value of investment in PTC. |
