Rockwell Automation Reports Fourth Quarter And Full Year 2012 Results
The following is a reconciliation of income from continuing operations and diluted EPS from continuing operations to Adjusted Income and Adjusted EPS:
| Year Ended September 30, | |||||||||||||||||
| Fiscal 2013 Guidance | 2012 | 2011 | 2010 | ||||||||||||||
| Income from continuing operations | $ | 737.0 | $ | 697.1 | $ | 440.4 | |||||||||||
| Non-operating pension costs | 35.2 | 23.5 | 10.1 | ||||||||||||||
| Tax effect of non-operating pension costs | (12.6 | ) | (8.5 | ) | (3.6 | ) | |||||||||||
| Adjusted Income | $ | 759.6 | $ | 712.1 | $ | 446.9 | |||||||||||
| Diluted EPS from continuing operations | $5.00 - $5.40 | $ | 5.13 | $ | 4.79 | $ | 3.05 | ||||||||||
| Non-operating pension costs per diluted share, before tax | 0.56 | 0.25 | 0.16 | 0.07 | |||||||||||||
| Tax effect of non-operating pension costs per diluted share | (0.21 | ) | (0.09 | ) | (0.06 | ) | (0.02 | ) | |||||||||
| Adjusted EPS | $5.35 - $5.75 | $ | 5.29 | $ | 4.89 | $ | 3.10 | ||||||||||
ROCKWELL AUTOMATION, INC. OTHER SUPPLEMENTAL INFORMATION (in millions)
Reconciliation of Segment Operating Earnings
Beginning in fiscal 2013, we are changing our definition of segment operating earnings to exclude non-operating pension costs. Non-operating pension costs consist of defined benefit plan interest cost, expected return on plan assets, amortization of actuarial gains and losses and the impacts of any plan curtailments or settlements. We will continue to include service cost and amortization of prior service cost in the business segment that incurred the expense.
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