ROCKWELL AUTOMATION, INC.
OTHER SUPPLEMENTAL INFORMATION
(in millions)
Organic Sales
We translate sales of subsidiaries operating outside of the United States using exchange rates effective during the respective period. Therefore, changes in currency exchange rates affect our reported sales. Sales by acquired businesses also affect our reported sales. We believe that organic sales, defined as sales excluding the effects of acquisitions and changes in currency exchange rates, which is a non-GAAP financial measure, provides useful information to investors because it reflects regional and operating segment performance from the activities of our businesses without the effect of acquisitions and changes in currency exchange rates. We use organic sales as one measure to monitor and evaluate our regional and operating segment performance. When we acquire businesses, we exclude sales in the current period for which there are no comparable sales in the prior period. We determine the effect of changes in currency exchange rates by translating the respective period’s sales using the same currency exchange rates that were in effect during the prior year. When we divest a business, we exclude sales in the prior period for which there are no comparable sales in the current period. Organic sales growth is calculated by comparing organic sales to reported sales in the prior year, excluding divestitures. We attribute sales to the geographic regions based on the country of destination.
The following is a reconciliation of reported sales to organic sales for the three and six months ended March 31, 2020 compared to sales for the three and six months ended March 31, 2019:
|
|
Three Months Ended March 31, |
||||||||||||||||||
|
|
2020 |
|
2019 |
||||||||||||||||
|
|
Sales |
|
Effect of Acquisitions1 |
|
Effect of Changes in Currency |
|
Organic Sales |
|
Sales |
||||||||||
North America |
|
$ |
1,022.1 |
|
|
$ |
(22.0 |
) |
|
$ |
0.6 |
|
|
$ |
1,000.7 |
|
|
$ |
987.1 |
|
EMEA |
|
333.6 |
|
|
(19.3 |
) |
|
10.4 |
|
|
324.7 |
|
|
331.1 |
|
|||||
Asia Pacific |
|
200.8 |
|
|
(6.1 |
) |
|
6.3 |
|
|
201.0 |
|
|
214.7 |
|
|||||
Latin America |
|
124.8 |
|
|
(6.4 |
) |
|
9.3 |
|
|
127.7 |
|
|
124.3 |
|
|||||
| Total |
|
$ |
1,681.3 |
|
|
$ |
(53.8 |
) |
|
$ |
26.6 |
|
|
$ |
1,654.1 |
|
|
$ |
1,657.2 |
|
|
|
|
Six Months Ended March 31, |
||||||||||||||||||
|
|
|
2020 |
|
2019 |
||||||||||||||||
|
|
|
Sales |
|
Effect of Acquisitions 1 |
|
Effect of Changes in Currency |
|
Organic Sales |
|
Sales |
||||||||||
| North America |
|
$ |
2,029.0 |
|
|
$ |
(62.8 |
) |
|
$ |
0.6 |
|
|
$ |
1,966.8 |
|
|
$ |
1,985.9 |
|
| EMEA |
|
643.7 |
|
|
(39.6 |
) |
|
19.6 |
|
|
623.7 |
|
|
625.5 |
|
|||||
| Asia Pacific |
|
430.4 |
|
|
(11.8 |
) |
|
9.4 |
|
|
428.0 |
|
|
429.1 |
|
|||||
| Latin America |
|
262.7 |
|
|
(13.0 |
) |
|
11.7 |
|
|
261.4 |
|
|
259.0 |
|
|||||
| Total |
|
$ |
3,365.8 |
|
|
$ |
(127.2 |
) |
|
$ |
41.3 |
|
|
$ |
3,279.9 |
|
|
$ |
3,299.5 |
|
