Cardinal Health (CAH) 8-K Regulation FD Disclosure

Exhibit 99.02

CARDINAL HEALTH, INC. AND SUBSIDIARIES

GAAP / NON-GAAP RECONCILIATION

($ millions)

FOURTH QUARTER FISCAL 2005

	GAAP*					Excluding
	Basis			Special Items		Special Items
REVENUE
- Amount	$	19,457			—	$	19,457
SPECIAL ITEMS
- Restructuring charges	$	65		$	65		—
- Merger charges		11			11		—
- Foundation contribution		—			—		—
- Other	$	10		$	10		—
OPERATING EARNINGS
- Amount	$	500		$	86	$	586
- Growth rate		(15	)%				(6	)%
- Ratio to revenue (return on sales)		2.56	%				3.00	%
EARNINGS BEFORE INCOME TAXES
- Amount	$	462		$	86	$	548
INCOME TAX PROVISION
- Amount	$	204		$	9	$	213
EARNINGS FROM CONTINUING OPERATIONS
- Amount	$	258		$	76	$	334
- Growth rate		(35	)%				(21	)%
- Ratio to revenue		1.33	%				1.72	%
- Diluted EPS	$	0.59		$	0.18	$	0.77

FISCAL 2005

	GAAP*					Excluding
	Basis			Special Items		Special Items
REVENUE
- Amount	$	74,911			—	$	74,911
SPECIAL ITEMS
- Restructuring charges	$	203		$	203		—
- Merger charges		49			49		—
- Foundation contribution		—			—		—
- Other	$	12		$	12		—
OPERATING EARNINGS
- Amount	$	1,763		$	264	$	2,027
- Growth rate		(25	)%				(16	)%
- Ratio to revenue (return on sales)		2.35	%				2.70	%
EARNINGS BEFORE INCOME TAXES
- Amount	$	1,629		$	264	$	1,893
INCOME TAX PROVISION
- Amount	$	582		$	68	$	650
EARNINGS FROM CONTINUING OPERATIONS
- Amount	$	1,047		$	196	$	1,243
- Growth rate		(31	)%				(20	)%
- Ratio to revenue		1.40	%				1.66	%
- Diluted EPS	$	2.40		$	0.45	$	2.85

FOURTH QUARTER FISCAL 2004

	GAAP*						Excluding
	Basis			Special Items			Special Items
REVENUE
- Amount	$	16,923			—		$	16,923
SPECIAL ITEMS
- Restructuring Charges	$	12		$	12			—
- Merger Charges		21			21			—
- Foundation Contribution		31			31			—
- Other		($25	)		($25	)		—
OPERATING EARNINGS
- Amount	$	587		$	39		$	626
- Growth Rate		7	%					5	%
- Ratio to Revenue (Return on Sales)		3.47	%					3.70	%
EARNINGS BEFORE INCOME TAXES
- Amount	$	559		$	39		$	598
INCOME TAX PROVISION
- Amount	$	161		$	13		$	174
EARNINGS FROM CONTINUING OPERATIONS
- Amount	$	397		$	26		$	423
- Growth Rate		11	%					8	%
- Ratio to Revenue		2.35	%					2.50	%
- Diluted EPS	$	0.91		$	0.06		$	0.97

FISCAL 2004

	GAAP*						Excluding
	Basis			Special Items			Special Items
REVENUE
- Amount	$	65,054			—		$	65,054
SPECIAL ITEMS
- Restructuring charges	$	37		$	37			—
- Merger charges		45			45			—
- Foundation contribution		31			31			—
- Other		($56	)		($56	)		—
OPERATING EARNINGS
- Amount	$	2,349		$	57		$	2,406
- Growth rate		7	%					8	%
- Ratio to revenue (return on sales)		3.61	%					3.70	%
EARNINGS BEFORE INCOME TAXES
- Amount	$	2,238		$	57		$	2,295
INCOME TAX PROVISION
- Amount	$	714		$	22		$	736
EARNINGS FROM CONTINUING OPERATIONS
- Amount	$	1,525		$	35		$	1,560
- Growth rate		10	%					10	%
- Ratio to revenue		2.34	%					2.40	%
- Diluted EPS	$	3.47		$	0.08		$	3.55

FREE CASH FLOW
($ millions)

	Q4 FY05			Q4 FY04			Fiscal 2005			Fiscal 2004
Net cash provided by operating activities	$	799		$	1,289		$	2,850		$	2,625
ADD:
- Proceeds from sale of property and equipment		2			11			20			19
LESS:
- Additions to property and equipment		(283	)		(138	)		(572	)		(410	)
- Dividends on Common Shares		(13	)		(13	)		(51	)		(52	)
Free Cash Flow	$	505		$	1,149		$	2,247		$	2,182

DEFINITIONS:

* GAAP — Amounts that conform with generally accepted accounting principles.

Return on equity (excluding special items) =(Earnings from continuing operations + special items after tax) /average shareholders’ equity

Note: Average shareholders’ equity used in the return on equity calculation was $8.7 billion and $7.8 billion in the fourth quarter of fiscal 2005 and 2004, respectively, and $8.4 billion and $7.5 billion for year to date of fiscal 2005 and 2004, respectively.

Effective tax rate (excluding special items) =(Income tax provision + tax effect of special items) / (earnings before income taxes + special items)

Growth rate (excluding special items)= (Current quarter earnings excluding special items — prior year quarter earnings excluding special items)/ prior year quarter earnings excluding special items

Ratio to revenue (excluding special items) =Current quarter earnings excluding special items / revenue

Return on invested capital (excluding special items) =[Operating earnings excluding special items annualized x (1-effective tax rate, excluding special items)] / average (equity +debt + unrecorded goodwill)

Note: Average unrecorded goodwill used in return on invested capital calculation was $9.7 billion in fiscal 2005 and fiscal 2004.