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Press Release: Carlisle Companies Reports Fourth -4-

· 02/04/2021 16:05
CONTACT: Jim Giannakouros, CFA====== ======== ====== ======== ====== ========= ====== ========= Impact to Diluted EPS from Continuing Operations (1) Carlisle Construction Materials $ -- $ -- $ 0.10 $ 0.04 Carlisle Interconnect Technologies 0.14 0.10 0.37 0.22 Carlisle Fluid Technologies (0.02) (0.02) 0.02 (0.01) Carlisle Brake & Friction 0.01 0.01 0.09 0.04 Corporate (0.22) (0.12) (0.14) (0.21) ---------------- ---------------- ----------------- ----------------- Total $ (0.09) $ (0.03) $ 0.44 $ 0.08 ====== ======== ====== ======== ====== ========= ====== ========= (1) Tax effect is based on the rate of the jurisdiction where the expense is deductible or income is taxable. Carlisle Companies Incorporated Unaudited Condensed Consolidated Statements of Cash Flows Twelve Months Ended December 31, -------------------------- (in millions) 2020 2019 ------------------------------------- ------------- --------- Net cash provided by operating activities $ 696.7 $ 703.1 Investing activities: Capital expenditures (95.5) (88.9) Acquisitions, net of cash acquired (35.4) (616.4) Other investing activities, net 8.3 10.4 ------------ -------- Net cash used in investing activities (122.6) (694.9) Financing activities: Borrowings from revolving credit facility 500.0 -- Repayments of revolving credit facility (500.0) -- Proceeds from notes 740.7 -- Repayments of notes (258.5) -- Repurchase of common stock (382.4) (382.1) Dividends paid (112.4) (102.9) Financing costs (24.2) -- Proceeds from exercise of stock options 21.3 37.0 Withholding tax paid related to stock-based compensation (8.3) (10.4) Other financing activities, net (0.9) (2.8) ------------ -------- Net cash used in financing activities (24.7) (461.2) Effect of foreign currency exchange rate changes on cash and cash equivalents 1.6 0.6 ------------ -------- Change in cash and cash equivalents 551.0 (452.4) Beginning of period 351.2 803.6 ------------ -------- End of period $ 902.2 $ 351.2 ======== ======= Carlisle Companies Incorporated Unaudited Selected Consolidated Balance Sheet Data December 31, December 31, (in millions) 2020 2019 ----------------------------------- --------------- ----------------- Cash and cash equivalents $ 902.2 $ 351.2 Long-term debt, including current portion 2,081.3 1,591.6 Total shareholders' equity 2,537.7 2,642.8

View source version on businesswire.com: https://www.businesswire.com/news/home/20210204005976/en/

Vice President of Investor Relations

(480) 781-5135

jgiannakouros@carlisle.com

(END) Dow Jones Newswires

February 04, 2021 16:05 ET (21:05 GMT)