Company: ROK
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001024478-25-000010
Chunk: 4

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
24 million at December 31, 2024, and $22 million at September 30, 2024. The changes to our allowance for doubtful accounts during the three months ended December 31, 2024 and 2023, were not material and primarily consisted of current-period provisions, write-offs charged against the allowance, recoveries collected, and foreign currency translation.Earnings Per ShareThe following table reconciles basic and diluted earnings per share (EPS) amounts (in millions, except per share amounts):Three Months EndedDecember 31, 20242023Net income attributable to Rockwell Automation, Inc.$184 $215 Less: Allocation to participating securities(1)(1)Net income available to common shareowners$183 $214 Basic weighted average outstanding shares113.0 114.6 Effect of dilutive securitiesStock options0.5 0.6 Diluted weighted average outstanding shares113.5 115.2 Earnings per share:Basic$1.62 $1.87 Diluted$1.61 $1.86 For the three months ended December 31, 2024 and 2023, there were 0.7 million and 0.5 million shares, respectively, related to share-based compensation awards that were excluded from the diluted EPS calculation because they were antidilutive. Non-Cash Investing and Financing ActivitiesCapital expenditures of $11 million and $21 million were accrued within Accounts payable and Other current liabilities at December 31, 2024 and 2023, respectively. At both December 31, 2024 and 2023, there was $1 million of outstanding common stock share repurchases recorded in Accounts payable that did not settle until the next quarter. These non-cash investing and financing activities have been excluded from cash used for capital expenditures and treasury stock purchases in the Consolidated Statement of Cash Flows.

9

Table of ContentsROCKWELL AUTOMATION, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)(Unaudited)

Supplier Financing ArrangementsThe Company maintains agreements with third-party financial institutions that offer voluntary supply chain financing (SCF) programs to suppliers. The SCF programs enable suppliers, at their sole discretion, to sell their receivables to third-party financial institutions in order to receive payment on receivables earlier than the negotiated commercial terms between suppliers and the Company. Supplier sale of receivables to third-party financial institutions is on terms negotiated between the