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Additionally, intangible asset amortization expense typically fluctuates depending on the size and timing of the corporation's acquisition activity. Accordingly, the corporation thinks excluding the amortization of intangible assets improves the corporate's and buyers' means to compare the business's earlier economical effectiveness with its present overall performance and to research underlying company functionality and tendencies. Intangible asset amortization excluded through the similar non-GAAP financial evaluate represents your complete sum recorded within just the corporation's GAAP monetary statements, as well as the income generated through the linked intangible property has not been excluded from the related non-GAAP monetary evaluate. Intangible asset amortization is excluded from your related non-GAAP economic measure as the amortization, compared with the linked profits, is just not impacted by functions of any distinct period unless an intangible asset results in being impaired or perhaps the estimated practical life of an intangible asset is revised.

Over the 12 months ended December 31, 2023 and also the a few months and 12 months ended December 31, 2022, the decline on property held on the market pertains to the LTC reporting unit within the Pharmacy & Purchaser Wellness phase. For the duration of 2022, the business decided that its LTC business enterprise was no more a strategic asset and committed to a want to provide it, at which time the LTC business fulfilled the criteria for held-for-sale accounting and its net belongings had been accounted for as property held for sale. The carrying worth of the LTC business was resolute to become larger than its approximated fair price considerably less charges to market and, appropriately, the business recorded a loss on belongings held on the market through the 3rd quarter of 2022. As of December 31, 2022, The online assets on the LTC company ongoing to fulfill the criteria for held-for-sale accounting and during the fourth quarter of 2022, an incremental decline on belongings held available for purchase was recorded to write down down the carrying worth of the LTC business to its estimated reasonable price less charges to offer.

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(5) Pharmacy statements processed signifies the number of prescription statements processed with the Company's pharmacy Advantages supervisor and dispensed by possibly its retail community pharmacies or the business's mail and specialty pharmacies. Prescriptions stuffed represents the volume of prescriptions dispensed in the Pharmacy & Shopper Wellness segment's retail and very long-term treatment pharmacies and infusion expert services operations.

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These increases were being partially offset by $507 million of restructuring charges and $487 million of acquisition-linked transaction and integration prices recorded in The existing yr, the absence of pre-tax gains of $250 million on the sale of bswift and $225 million over the sale of PayFlex Holdings, Inc. ("PayFlex") recorded while in the prior 12 months, as well as the decreases in altered running cash flow described underneath.

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