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DR PEPPER SNAPPLE GROUP, INC.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(Unaudited)
The company reports its financial results in accordance with U.S. GAAP. However, management believes that certain non-GAAP measures that reflect the way management evaluates the business may provide investors with additional information regarding the company's results, trends and ongoing performance on a comparable basis. Specifically, investors should consider the following with respect to our quarterly and year-end results:
Net Income to Free Cash Flow Conversion: Net Income to Free Cash Flow Conversion is defined as the ratio of Free Cash Flow to net earnings after certain items. The reconciliation of Free Cash Flow and Net Income to Free Cash Flow is provided below.
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