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(Unaudited) The business's segments keep separate fiscal information, and the corporate's chief working conclusion maker (the "CODM") evaluates the segments' operating benefits on a regular basis in choosing how you can allocate means Amongst the segments and in examining phase performance. The CODM evaluates the efficiency of the corporation's segments based on adjusted running income. Adjusted operating cash flow is described as running money (GAAP measure) excluding the effects of amortization of intangible belongings and also other objects, if any, that neither relate for the standard system of the Company's business enterprise nor mirror the Company's underlying enterprise functionality as even further described in endnote (1).
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Cautionary statement concerning ahead-seeking statements The Non-public Securities Litigation Reform Act of 1995 provides a secure harbor for forward-wanting statements produced by or on behalf of CVS Health and fitness Corporation. Statements During this press release that are forward-looking include things like, but are not restricted to, Ms. Lynch's quotation, the information under the headings "2024 Total-year direction" and "In the spotlight" and the knowledge included in the reconciliations and endnotes. By their nature, all forward-searching statements aren't assures of future functionality or effects and they are subject matter to risks and uncertainties which can be tricky to forecast and/or quantify.
The business's acquisition actions have resulted in the recognition of intangible assets as needed underneath the acquisition means of accounting which consist generally of trademarks, consumer contracts/relationships, covenants not to contend, technology, provider networks and worth of small business obtained. Definite-lived intangible assets are amortized over their approximated handy lives and are tested for impairment when events indicate the carrying benefit might not be recoverable. The amortization of intangible assets is mirrored while in the condensed consolidated statements of operations in functioning bills inside of Every phase. Though intangible assets add to the organization's income era, the amortization of intangible assets does in a roundabout way relate on the underwriting of the Company's coverage solutions, the providers done for the corporation's clients or maybe the sale of the organization's items or expert services.
See the supplemental info on page 20 For extra data concerning the overall performance of your Health and fitness Companies segment.
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