Full-Year Forecast |
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Full-Year |
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2024 Forecast |
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2023 |
Growth |
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Reported Diluted EPS |
$5.70 |
- |
$5.82 |
|
$ 5.02 |
|
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|
Adjustments: |
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|
Asset impairment and exit costs(1) |
0.09 |
|
0.06 |
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|
|
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Termination of distribution arrangement in the Middle East |
— |
|
0.04 |
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|
|
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Impairment of goodwill and other intangibles |
0.01 |
|
0.44 |
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|
|
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Amortization of intangibles(2) |
0.43 |
|
0.25 |
|
|
|
|
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Charges related to the war in Ukraine |
— |
|
0.03 |
|
|
|
|
||
Swedish Match AB acquisition accounting related items |
— |
|
0.01 |
|
|
|
|
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Income tax impact associated with Swedish Match AB financing |
0.07 |
|
(0.11) |
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|
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South Korea indirect tax charge |
— |
|
0.11 |
|
|
|
|
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Termination of agreement with Foundation for a Smoke-Free World |
— |
|
0.07 |
|
|
|
|
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Fair value adjustment for equity security investments |
(0.08) |
|
(0.02) |
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|
|
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Tax items |
(0.03) |
|
0.11 |
|
|
|
|
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Total Adjustments |
0.49 |
|
0.99 |
|
|
|
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Adjusted Diluted EPS |
$6.19 |
- |
$6.31 |
|
$ 6.01 |
|
|
|
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Less: Currency |
(0.36) |
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Adjusted Diluted EPS, excluding currency |
$6.55 |
- |
$6.67 |
|
$ 6.01 |
|
9.0% |
- |
11.0% |