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  "documentTitle": "2024 barclays 17th annual global consumer staples conference",
  "authorId": "Barclays",
  "authorName": "Sysco",
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  "notes": "This is a standard financial disclosure slide explaining non-GAAP reconciliation limitations.",
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      "text": "We expect to achieve our net debt to adjusted EBITDA leverage ratio forecast in fiscal 2025. We cannot predict with certainty when we will achieve these results or whether the calculation of our EBITDA will be on an adjusted basis in future periods to exclude the effect of certain items. Due to these uncertainties, we cannot provide a quantitative reconciliation of these potentially non-GAAP measures to the most directly comparable GAAP measure without unreasonable effort. However, we expect to calculate these adjusted results, if applicable, in the same manner as the reconciliations provided for the historical periods that are presented herein.",
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      "text": "Form of calculation:\nCurrent maturities of long-term debt\nLong term debt\nTotal Debt (GAAP)\nLess cash and cash equivalents\nNet Debt\n\nNet earnings (GAAP)\nInterest (GAAP)\nIncome taxes (GAAP)\nDepreciation and amortization (GAAP)\nEBITDA (Non-GAAP)\nCertain Item adjustments:\nImpact of restructuring and transformational project costs\nImpact of acquisition-related intangible amortization\nEBITDA adjusted for Certain Items (Non-GAAP)\n\nNet Debt to Adjusted EBITDA Ratio",
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