discontinued operations $419.9 $469.2
Provision for income taxes $114.1 $143.7
Special items tax benefit 17.1 7.7
Impairments, (gain)/loss on sale of assets
and other, net, tax impact 20.9 (0.1)
Adjusted provision for income taxes $152.1 $151.3
Non-GAAP effective tax rate from continuing
operations(1) 36.2 % 32.2 %
First Quarter
2009 2008
Debt to Total Capital 32 % 35 %
Net Debt to Capital
Current portion of long-term obligations
and other short-term borrowings $166.5 $386.8
Long-term obligations, less current portion
and other short-term borrowings 3,597.0 3,347.5
Debt $3,763.5 $3,734.3
Cash and equivalents (672.2) (1,289.6)
Net debt $3,091.3 $2,444.7
Total shareholders' equity $7,918.1 $7,068.2
Capital $11,009.4 $9,512.9
Net debt to capital 28 % 26 %
Forward-Looking Non-GAAP Financial Measures
The Company presents non-GAAP earnings from continuing operations and
non-GAAP effective tax rate from continuing operations (and presentations
derived from these financial measures) on a forward-looking basis. The
most directly comparable forward-looking GAAP measures are earnings from
continuing operations and effective tax rate from continuing operations.
The Company is unable to provide a quantitative reconciliation of these
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