Vertex Pharmaceuticals Inc., adjusted total assets

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	22,730,200)	18,150,900)	13,432,500)	11,751,808)	8,318,465)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax assets²	1,812,100)	1,246,900)	934,500)	882,779)	1,190,815)
After Adjustment
Adjusted total assets	20,918,100)	16,904,000)	12,498,000)	10,869,029)	7,127,650)

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

² Deferred tax assets. See details »

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Vertex Pharmaceuticals Inc., adjusted shareholders’ equity

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Shareholders’ equity	17,580,400)	13,912,700)	10,100,000)	8,686,815)	6,085,244)
Adjustments
Less: Net deferred tax assets (liabilities)¹	1,812,100)	1,246,900)	934,500)	882,779)	1,190,815)
After Adjustment
Adjusted shareholders’ equity	15,768,300)	12,665,800)	9,165,500)	7,804,036)	4,894,429)

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

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Vertex Pharmaceuticals Inc., adjusted capitalization table

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current finance lease liabilities	50,600)	40,800)	46,900)	42,434)	38,794)
Long-term finance lease liabilities	376,100)	430,800)	509,800)	539,042)	538,576)
Total reported debt	426,700)	471,600)	556,700)	581,476)	577,370)
Shareholders’ equity	17,580,400)	13,912,700)	10,100,000)	8,686,815)	6,085,244)
Total reported capital	18,007,100)	14,384,300)	10,656,700)	9,268,291)	6,662,614)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Current operating lease liabilities²	33,100)	48,600)	33,300)	10,521)	11,504)
Add: Long-term operating lease liabilities³	348,600)	379,500)	377,400)	350,463)	84,292)
Adjusted total debt	808,400)	899,700)	967,400)	942,460)	673,166)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	1,812,100)	1,246,900)	934,500)	882,779)	1,190,815)
Adjusted shareholders’ equity	15,768,300)	12,665,800)	9,165,500)	7,804,036)	4,894,429)
After Adjustment
Adjusted total capital	16,576,700)	13,565,500)	10,132,900)	8,746,496)	5,567,595)

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

² Current operating lease liabilities. See details »

³ Long-term operating lease liabilities. See details »

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

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Vertex Pharmaceuticals Inc., adjusted net income

US$ in thousands

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income	3,619,600)	3,322,000)	2,342,100)	2,711,647)	1,176,810)
Adjustments
Add: Deferred income tax expense (benefit)¹	(536,500)	(275,900)	(154,600)	277,341)	167,387)
Add: Other comprehensive income (loss)	(15,100)	(15,100)	84,400)	(66,507)	(2,632)
After Adjustment
Adjusted net income	3,068,000)	3,031,000)	2,271,900)	2,922,481)	1,341,565)

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

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Vertex Pharmaceuticals Inc. (NASDAQ:VRTX)

Adjustments to Financial Statements