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:
|
Three Months Ended
|
|
|
Six Months Ended
|
||||||||||||||
|
2020 |
|
2019 |
|
|
2020 |
|
2019 |
||||||||||
Net Income attributable to Rockwell Automation |
$ |
132.2 |
|
|
$ |
346.0 |
|
|
$ |
442.9 |
|
|
$ |
426.3 |
|
|||
Non-operating pension and postretirement benefit cost (credit) |
8.6 |
|
|
(2.6 |
) |
|
17.3 |
|
|
(5.2 |
) |
|||||||
Tax effect of non-operating pension and postretirement benefit cost (credit) |
(2.4 |
) |
|
0.4 |
|
|
(4.8 |
) |
|
0.7 |
|
|||||||
Change in fair value of investments1 |
144.8 |
|
|
(98.2 |
) |
|
73.8 |
|
|
114.5 |
|
|||||||
Tax effect of the change in fair value of investments1 |
— |
|
|
— |
|
|
— |
|
|
(21.7 |
) |
|||||||
Adjusted Income |
$ |
283.2 |
|
|
$ |
245.6 |
|
|
$ |
529.2 |
|
|
$ |
514.6 |
|
|||
|
|
|
|
|
|
|
|
|
|||||||||||
| Diluted EPS |
$ |
1.13 |
|
|
$ |
2.88 |
|
|
$ |
3.80 |
|
|
$ |
3.53 |
|
|||
| Non-operating pension and postretirement benefit cost (credit) |
0.08 |
|
|
(0.02 |
) |
|
0.14 |
|
|
(0.04 |
) |
|||||||
| Tax effect of non-operating pension and postretirement benefit cost (credit) |
(0.02 |
) |
|
— |
|
|
(0.04 |
) |
|
0.01 |
|
|||||||
| Change in fair value of investments 1 |
1.24 |
|
|
(0.82 |
) |
|
0.63 |
|
|
0.94 |
|
|||||||
| Tax effect of the change in fair value of investments 1 |
— |
|
|
— |
|
|
— |
|
|
(0.18 |
) |
|||||||
| Adjusted EPS |
$ |
2.43 |
|
|
$ |
2.04 |
|
|
$ |
4.53 |
|
|
$ |
4.26 |
|
|||
|
|
|
|
|
|
|
|
|
|||||||||||
| Effective tax rate |
22.4 |
% |
|
14.0 |
% |
|
11.3 |
% |
|
18.5 |
% |
|||||||
| Tax effect of non-operating pension and postretirement benefit cost (credit) |
0.2 |
% |
|
0.1 |
% |
|
0.5 |
% |
|
— |
% |
|||||||
| Tax effect of the change in fair value of investments 1 |
(10.2 |
)% |
|
4.5 |
% |
|
(1.4 |
)% |
|
0.1 |
% |
|||||||
| Adjusted Effective Tax Rate |
12.4 |
% |
|
18.6 |
% |
|
10.4 |
% |
|
18.6 |
% |
|||||||
