Financial Highlights | 2022 Annual Report | S&P Global

From S&P Global
Press Release: S&P Global Merges With IHS Markit
On February 28, 2022, S&P Global completed its merger with IHS Markit, the next step in delivering data, technology and expertise that accelerates progress.
Read: 2021 Annual Report
As great as last year was for our company, in many ways 2022 is shaping up to be even better. In February, we closed a transformative merger with IHS Markit. We believe combining our two companies will create substantial long-term value for all our stakeholders.
Read: S&P Global Foundation
The S&P Global Foundation is about much more than philanthropy—we are about making a difference by finding and developing essential connections between the knowledge- and skill-driven work of S&P Global and the needs of society.
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2022 Annual Report

Years ended December 31 (in millions, except per share data)	2022	2021	% Change
Non-GAAP pro forma adjusted revenue*	$ 11,842	$ 12,382	(4)
Non-GAAP pro forma adjusted net income (attributable to the Company’s common shareholders)*	$ 3,765	$ 4,137	(9)
Non-GAAP pro forma adjusted diluted earnings per common share*	$ 11.19	$ 11.63	(4)
Dividends per common share^(a)	$ 3.32	$ 3.08	8
Total assets	$ 61,784	$ 15,026	N/M
Capital Expenditures ^(b)	$ 89	$ 35	N/M
Total debt	$ 10,956	$ 4,114	N/M
Equity (including redeemable noncontrolling interest)	$ 39,744	$ 5,536	N/M

Year-End Share Price

Dividends per Share

Revenue (in millions)

Cumulative Total Shareholder Return^(c)

N/MRepresents a change equal to or in excess of 100% or not meaningful.
(*)Refer to “Reconciliation of Non-GAAP Financial Information” on pages 10-11 of this report for a discussion of the Company’s non-GAAP financial measures.
(a)Dividends paid were $0.77 per share in the first quarter of 2022 and increased to $0.85 per share beginning in the second quarter of 2022. In 2021 dividends paid were $0.77 per quarter.
(b)Includes purchases of property and equipment and additions to technology projects.
(c)Assumes $100 invested on December 31, 2017 and total return includes reinvestment of dividends through December 31, 2022.
(d)The peer group consists of the following companies: Moody’s Corporation, CME Group Inc., MSCI Inc., FactSet Research Systems Inc., Verisk Analytics, Inc., and Intercontinental Exchange, Inc.