Some amounts in this press release may not add due to rounding. All percentages have been calculated using unrounded amounts. References to operational variances pertain to period-over-period changes that exclude the impact of foreign exchange rates(7). CAPITAL ALLOCATION During ...
The impact of currency is determined by calculating the prior-period results using the current-year monthly average currency rates. See the foreign currency fluctuation schedule, which is used to determine revenue on a constant currency (“CC”) basis, on the Investor Relations page of...
However, this is an interesting trend, as the earliest you can receive Social Security income is 62 years old. While you may not be eligible for Social Security at 61, many employees have pension plans or retirement accounts through their employers that offer a solid financial backing to an ...
earnings in the fiscal year was driven by the current year non-cash pre-tax impairment charge of $110.6 million compared to no impairments in fiscal 2023 as well as the Argentina devaluation recorded in the current fiscal year, partially offset by the prior year US pension plan annuity buy ...
Full-year net charges of $1.7 billion declined $1.0 billion from last year, mainly due to decreased pension-related expenses, favorable one-time tax impacts, lower financing costs, and favorable identified item impacts of $0.4 billion associated with tax and other reserve adjustments. Cash flow ...
fluctuations in currency exchange rates; changes in our effective tax rate; catastrophic events; environmental, health, safety, and product regulations; our initiatives and new legal requirements with respect to corporate responsibility matters; and ...
Other expense, net of $9.9 million in the Current Year primarily resulted from foreign exchange losses of $10.7 million, partially offset by a favorable interest adjustment to the Company's pension liability of $0.4 million. Other income, net of $33.4 million in the Prior Year pri...
Non-service pension and post retirement benefit income (310 ) (5,145 ) (1,240 ) (20,574 ) Other (income) expense, net (716 ) (2,100 ) (339 ) 315 Earnings (loss) before income taxes 2,362 (74,933 ) 10,685 (65,933 ) Income tax expense (...
(income) driven by non-cash charges related to the $162 million settlement of one of our U.K. defined benefit pension plans in the current year period.Adjusted EBITDAincreased 5.1 percent versus the year-ago period to $6.3 billion, primarily driven by higher pricin...
1. 2022 restated at 2023 average exchange rates. 2. Profit figures before adjusting items. Operating cash flow (cash generated from operations) excludes additional pension contributions, exceptional and other adjusting cash items, and income tax paid. ...