Becton, Dickinson & Co., adjusted current assets

US$ in millions

	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015
As Reported
Current assets	8,969	6,664	7,411	18,633	6,367	6,045
Adjustments
Add: Allowance for doubtful accounts	80	75	75	54	61	53
After Adjustment
Adjusted current assets	9,049	6,739	7,486	18,687	6,428	6,098

Becton, Dickinson & Co., adjusted total assets

US$ in millions

	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015
As Reported
Total assets	54,012	51,765	53,904	37,734	25,586	26,820
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—	490	456	250	250	225
Add: Allowance for doubtful accounts	80	75	75	54	61	53
Less: Noncurrent deferred tax assets, net²	—	—	—	—	—	—
After Adjustment
Adjusted total assets	54,092	52,330	54,435	38,038	25,897	27,098

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax assets, net. See details »

Becton, Dickinson & Co., adjusted total liabilities

US$ in millions

	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015
As Reported
Total liabilities	30,248	30,684	32,910	24,786	17,953	19,656
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—	490	456	250	250	225
Less: Noncurrent deferred tax liabilities²	1,530	1,834	2,310	776	792	1,428
Less: Restructuring liability	36	57	60	55	69	62
After Adjustment
Adjusted total liabilities	28,682	29,283	30,996	24,205	17,342	18,391

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax liabilities. See details »

Becton, Dickinson & Co., adjusted shareholders’ equity

US$ in millions

	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015
As Reported
Shareholders’ equity	23,765	21,081	20,994	12,948	7,633	7,164
Adjustments
Less: Net deferred tax assets (liabilities)¹	(1,530)	(1,834)	(2,310)	(776)	(792)	(1,428)
Add: Allowance for doubtful accounts	80	75	75	54	61	53
Add: Restructuring liability	36	57	60	55	69	62
After Adjustment
Adjusted shareholders’ equity	25,411	23,047	23,439	13,833	8,555	8,707

¹ Net deferred tax assets (liabilities). See details »

Becton, Dickinson & Co., adjusted capitalization table

US$ in millions

	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015
As Reported
Short-term debt	707	1,309	2,601	203	1,001	1,452
Long-term debt, excluding current portion	17,224	18,081	18,894	18,667	10,550	11,370
Total reported debt	17,931	19,390	21,495	18,870	11,551	12,822
Shareholders’ equity	23,765	21,081	20,994	12,948	7,633	7,164
Total reported capital	41,696	40,471	42,489	31,818	19,184	19,986
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—	490	456	250	250	225
Add: Current operating lease liabilities (recorded in Accrued expenses)²	106	—	—	—	—	—
Add: Non-current operating lease liabilities (recorded in Deferred income taxes and other liabilities)³	336	—	—	—	—	—
Adjusted total debt	18,373	19,880	21,951	19,120	11,801	13,047
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(1,530)	(1,834)	(2,310)	(776)	(792)	(1,428)
Add: Allowance for doubtful accounts	80	75	75	54	61	53
Add: Restructuring liability	36	57	60	55	69	62
Adjusted shareholders’ equity	25,411	23,047	23,439	13,833	8,555	8,707
After Adjustment
Adjusted total capital	43,784	42,927	45,390	32,953	20,356	21,754

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (recorded in Accrued expenses). See details »

³ Non-current operating lease liabilities (recorded in Deferred income taxes and other liabilities). See details »

⁴ Net deferred tax assets (liabilities). See details »

Becton, Dickinson & Co., adjusted net income

US$ in millions

12 months ended:	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015
As Reported
Net income	874	1,233	311	1,100	976	695
Adjustments
Add: Deferred income tax expense (benefit)¹	(286)	(633)	(262)	(74)	(519)	(274)
Add: Increase (decrease) in allowance for doubtful accounts	5	—	21	(7)	8	23
Add: Increase (decrease) in restructuring liability	(21)	(3)	5	(14)	7	62
Add: Other comprehensive income (loss), net of tax	(265)	(374)	(186)	206	(190)	(737)
After Adjustment
Adjusted net income	307	223	(111)	1,211	282	(231)

¹ Deferred income tax expense (benefit). See details »

Becton, Dickinson & Co. (NYSE:BDX)

Adjustments to Financial Statements