Short-term investments available for sale - (456.5)
Net debt $2,444.7 $995.5
Total shareholders' equity $7,068.2 $8,421.1
Capital $9,512.9 $9,416.6
Net debt to capital 26% 11%
Forward-Looking Non-GAAP Financial Measures
The Company presents non-GAAP operating earnings, non-GAAP earnings from
continuing operations, non-GAAP return on equity 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 operating earnings, earnings
from continuing operations, return on equity and effective tax rate from
continuing operations. The Company is unable to provide a quantitative
reconciliation of these forward-looking non-GAAP measures to the most
comparable forward-looking GAAP measures because the Company cannot
reliably forecast special items and impairment charges and other, which
are difficult to predict and estimate and are primarily dependent on
future events. Please note that the unavailable reconciling items could
significantly impact the Company's future financial results.
CARDINAL HEALTH, INC. AND SUBSIDIARIES
DEFINITIONS
GAAP
Debt: long-term obligations plus short-term borrowings
Debt to Total Capital: debt divided by (debt plus total shareholders'
equity)
Diluted EPS from Continuing Operations: earnings from continuing
operations divided by diluted weighted average shares outstanding
Effective Tax Rate from Continuing Operations: provisi
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