Exhibit 99.1 Fiscal 2020 Fourth Quarter Earnings Presentation August 13, 2020

Safe Harbor Statement and Non-GAAP Financial Measures CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This release contains certain forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. These statements are based on management’s current knowledge and estimates of factors affecting the Company and its operations. Statements in this release that are forward-looking include, but are not limited to, statements related to the impact of the COVID-19 pandemic on the Company’s business, the Company’s position to enhance value and continue to grow its consumer connection, and growth over the long term. Forward-looking statements can be identified by words such as may, should, expects, provides, anticipates, assumes, can, will, meets, could, likely, intends, might, predicts, seeks, would, believes, estimates, plans, continues, guidance or outlook, or variations of these words or similar expressions. Actual results may differ materially from those currently anticipated. Factors that could adversely affect future results include, but are not limited to, market conditions, including the availability of debt capital and the terms upon which such debt can be secured, if at all; the impact of the COVID-19 pandemic on the Company, its customers and its suppliers; downturns in global, national and/or local economies; a softening of the domestic advertising market; world, national or local events that could disrupt broadcast television; increased consolidation among major advertisers or other events depressing the level of advertising spending; the unexpected loss or insolvency of one or more major clients or vendors; the integration of acquired businesses; changes in consumer reading, purchasing and/or television viewing patterns; increases in paper, postage, printing, syndicated programming or other costs; changes in television network affiliation agreements; technological developments affecting products or methods of distribution; changes in government regulations affecting the Company’s industries; increases in interest rates; the consequences of acquisitions and/or dispositions; the Company’s ability to comply with the terms of its debt financing; and the risk factors contained in the Company’s most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”), as well as the risk factors set forth in Exhibit 99.2 to the Company’s Current Report on Form 8-K filed with the SEC on June 24, 2020, all of which are available on the SEC’s website at www.sec.gov, and the Company’s other filings with the SEC. Such risk factors may be amplified by the COVID-19 pandemic and its potential impact on the Company’s business and the global economy. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. RATIONALE FOR USE AND ACCESS TO NON-GAAP RESULTS Management uses and presents GAAP and non-GAAP results to evaluate and communicate its performance. Non-GAAP measures should not be construed as alternatives to GAAP measures. Free cash flow, earnings from continuing operations before special items, operating profit before special items, adjusted EBITDA, adjusted EBITDA margin, and comparable results are common supplemental measures of performance used by investors and financial analysts. Management believes that free cash flow, earnings from continuing operations before special items, operating profit before special items, adjusted EBITDA, adjusted EBITDA margin, and comparable results provide additional analytical tools. Free cash flow is defined as net cash provided by operating activities less capital expenditures. This metric has been included as a measure of the Company’s liquidity and ability to fund its operations. Earnings from continuing operations before special items and operating profit before special items remove the impact of special items on earnings (loss) from continuing operations and operating profit (loss). Adjusted EBITDA is defined as earnings (loss) from continuing operations before interest expense, income taxes, depreciation, amortization, and special items. These special items have been removed as they have been deemed to be non- operational in nature. Comparable results remove the impact of portfolio changes in our magazine business to facilitate year-over-year comparisons. Management does not use adjusted EBITDA as a measure of liquidity or funds available for management’s discretionary use because it excludes certain contractual and nondiscretionary expenditures. Results before special items are supplemental non-GAAP financial measures. While these adjusted results are not a substitute for reported results under GAAP, management believes this information is useful as an aid to further understand Meredith’s current performance, performance trends and financial condition. Reconciliations of GAAP to non-GAAP measures are attached to this presentation and available at www.Meredith.com. 2

4Q’20 Business Update and Full Fiscal Year 2020 Review • Top Priorities – Keeping our employees safe – Continuing to deliver trusted news and inspiration to our audience of more than 190 million Americans, including nearly 95 percent of U.S. women – Supporting our advertising and marketing partners – Strengthening liquidity and enhancing our financial flexibility • 4Q’20 Business Trends – Advertising performance improved during course of fiscal 2020 fourth quarter across digital, print and broadcast – Consumer engagement strong across media platforms and products, including digital properties; ecommerce; television viewership and growth in high-value subscription solicitation and renewal channels – Cash Flow from Operating Activities up 33%; Free Cash Flow up 52% compared to prior year • Fiscal 2020 Highlights – Product launches across digital (Millie), print (Reveal, Sweet July), and broadcast (People Now, Southern Living) – New digital platform bringing together real-time insights and predictive analytics to better serve editorial content and marketing messaging – Redeemed preferred equity and replaced with lower interest rate debt; Completed remaining asset sales at attractive valuations – Continued strengthening long-term affinity for Meredith brands and services with advertisers and consumers, creating monetization opportunities 3

Leading Portfolio of Brands Building relationships/brand affinity and enhancing long-term monetization opportunity 4

Fiscal 2020 Fourth Quarter Consolidated Summary ($ in millions) QUARTERLY FINANCIALS WHAT WE ARE SEEING Comparable • Revenue: Down (22%), ($174) %YoY % YoY 4Q’20 Change Change (1) – Advertising related down (35%), ($141), driven by estimated ($110) COVID-19 related cancellations & delays and ($18) National Media Group portfolio Revenue brand & title changes Advertising related $ 260.0 (35%) (32%) – Consumer related down (7%), ($25), driven by ($22) National Media Group Consumer related 331.1 (7%) (1%) portfolio brand and title changes and estimated ($18) COVID-19 related Other 20.1 (30%) (30%) declines primarily in newsstand Total Revenue $ 611.2 (22%) (18%) – Other revenue down (30%), ($9), driven by COVID-19 cancellations of consumer events Earnings from Continuing Operations 6.2 F • Adjusted EBITDA: Adjusted EBITDA (2) 80.0 (53%) – Impacted primarily by COVID-19 sales declines • Cash Flow from Operations / Free Cash Flow: Cash Flow from Operating Activities 123.6 33% – Increase driven primarily by working capital improvement, lower capital Free Cash Flow (3) 113.8 52% expenditure investments, and lower restructuring costs F represents favorable improvements greater than 100%. U represents unfavorability greater than 100%. (1) Comparable % YoY Change excludes the impact to National Media Group results due to transitioning Rachel Ray Every Day and Traditional Home to premium newsstand titles; adjusting the frequency of Entertainment Weekly to monthly, and closing Family Circle and Money magazines. (2) Adjusted EBITDA is defined as earnings (loss) from continuing operations before interest expense, income taxes, depreciation, amortization, and special items. (3) Free Cash Flow is defined as net cash provided by operating activities less capital expenditures. See the Appendix for supplemental disclosures regarding non-GAAP financial measures. 5

Fiscal 2020 Fourth Quarter Segment Summary ($ in millions) NATIONAL MEDIA GROUP LOCAL MEDIA GROUP Comparable %YoY %YoY 4Q’20 Change Change (2) 4Q’20 %YoY Change Revenue Revenue Print advertising $ 107.4 (37%) (30%) Non-political advertising $ 48.5 (40%) Digital advertising 68.4 (31%) (31%) Political advertising 6.4 F Subscription/newsstand 175.9 (19%) (10%) Retransmission 91.0 8% Other 92.9 (6%) (6%) Other 21.4 (35%) Total Revenue (1) $ 444.6 (24%) (19%) Total Revenue (1) $ 167.3 (16%) Operating Profit 6.8 6% Operating Profit 28.4 (55%) Adjusted EBITDA (3) 47.8 (58%) Adjusted EBITDA (3) 38.1 (47%) • Lower advertising and consumer revenue due to COVID-19 and portfolio • Lower non-political advertising revenue due to COVID-19, partially offset changes by retransmission and political • 4Q’20 adjusted EBITDA decline driven by COVID-19 • 4Q’20 political advertising $6 vs. $0 in 4Q’19 and $10 in 4Q’18 • Adjusted EBITDA decline driven by COVID-19 F represents favorable improvements greater than 100%. U represents unfavorability greater than -100%. (1) Segment revenues presented above do not include $0.7 of intersegment revenue eliminated in 4Q’20. (2) Comparable % YoY Change excludes the impact to National Media Group results due to transitioning Rachel Ray Every Day and Traditional Home to premium newsstand titles; adjusting the frequency of Entertainment Weekly to monthly, and closing Family Circle and Money magazines. (3) Adjusted EBITDA is defined as earnings (loss) from continuing operations before interest expense, income taxes, depreciation, amortization, and special items. See the Appendix for supplemental disclosures regarding non-GAAP financial measures. 6

Fiscal 2020 Full Year Summary ($ in millions) CONSOLIDATED FINANCIALS SEGMENT RESULTS Comparable Comparable %YoY % YoY %YoY % YoY FY’20 Change Change (1) FY’20 Change Change (1) Revenue Advertising related $ 1,399.0 (17%) (14%) National Media Group $ 2,081.6 (11%) (5%) Consumer related 1,348.7 (5%) —% Local Media Group 769.3 (11%) Other 100.9 19% 19% Elimination (2.3) Total Revenue $ 2,848.6 (11%) (7%) Total Revenue $ 2,848.6 (11%) (7%) (2) Loss from Continuing Operations (209.0) U National Media Group $ (167.7) U (3) Local Media Group 146.0 (48%) Adjusted EBITDA 548.2 (22%) Corporate (72.4) 38% Cash Flow from Operating Activities 306.6 25% Operating Loss $ (94.1) U Free Cash Flow (4) 251.2 26% National Media Group $ 382.6 (16%) Local Media Group 210.5 (34%) Corporate (44.9) (35%) Adjusted EBITDA $ 548.2 (22%) F represents favorability greater than 100%. U represents unfavorability greater than -100%. (1) Comparable % YoY Change excludes the impact to National Media Group results due to transitioning Rachel Ray Every Day, Coastal Living and Traditional Home to premium newsstand titles; merging Cooking Light and EatingWell; adjusting the frequency of Entertainment Weekly to monthly, and closing Family Circle, Martha Stewart Weddings and Money magazines. (2) Driven primarily by special items including non-cash impairments of goodwill, intangible and lease-related assets (3) Adjusted EBITDA is defined as earnings (loss) from continuing operations before interest expense, income taxes, depreciation, amortization, and special items. (4) Free Cash Flow is defined as net cash provided by operating activities less capital expenditures. See the Appendix for supplemental disclosures regarding non-GAAP financial measures. 7

Liquidity & Cash Flow Results ($ in millions) LIQUIDITY Cash, Ending Balance Unused Revolver • Ending cash balance increased $29 driven by strong cash from operations offset by 1 refinancing fees and revolver repayment $479 $415 $356 $347 $312 • $35 paid down on $350 revolver since 6/30/19 … $0 currently utilized $311 $45 $103 $132 • Continued focus ensuring ample liquidity and prioritizing debt paydown 6/30/19 3/31/20 6/30/20 Used Revolver $35 $35 $0 (1) inclusive of outstanding letters of credit totaling $3.6 at 4Q’19, $3.1 at 3Q’20 and $3.1 at 4Q’20 CASH FLOW FROM OPERATIONS Free Cash Flow 2 CapEx • Working capital improvement, driven primarily by accounts receivable reduction $124 $93 • Lower restructuring cash disbursements and lower capital expenditures $10 $18 $75 $114 6/30/19 6/30/20 Total Liquidity up 33% Year over Year, Driven by Strong Cash Flow (2) Free Cash Flow is defined as net cash provided by operating activities less capital expenditures. 8

Debt Profile ($ in millions) DEBT PROFILE $3,020 $3,045 Revolver $35 Senior Secured $300 Notes • Completed offering of Senior Secured Notes ($300) and allocation of Preferred Equity $650 incremental term loans ($410) Incremental $410 Term Loan • Net proceeds of Senior Secured Notes and incremental term loans, along with cash on hand used to redeem in full Series A Preferred Stock Senior Unsecured Notes $1,273 $1,273 • Revolver amendment increased consolidated net leverage ratio, providing short-term financial flexibility • No immediate maturities (CY25 for term loans and secured notes; CY26 for unsecured debt) Term Loan $1,063 $1,063 • Committed to further debt reduction through consistent operating cash flows 3/31/20 6/30/20 Refinancing Generates $35 Million Annual Cash Savings 9

Closing Thoughts 1 Continuing to innovate digital capabilities 2 Launching new brands and products to strengthen competitive position 3 Strong consumer engagement underpins future opportunity with advertisers, marketers and consumers Proactive cost and cash conservation actions enhancing financial 4 flexibility 10

Appendix

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Comparative Revenues Reconciliation - Comparable Change % excludes the impact to National Media Group results due to transitioning Rachel Ray Every Day and Traditional Home to premium newsstand titles; adjusting the frequency of Entertainment Weekly to monthly, and closing Family Circle and Money magazines. 2020 2019 Comparable Change Three Months Ended June 30, As Reported As Reported Portfolio Changes Comparable % In millions Advertising related............................................................... $ 260.0 $ 400.8 $ (18.2) $ 382.6 (32%) Consumer related................................................................. 331.1 355.9 (21.8) 334.1 (1%) Other.................................................................................... 20.1 28.9 — 28.9 (30%) Total Revenue.................................................................. $ 611.2 $ 785.6 $ (40.0) $ 745.6 (18%) National Media Group Print advertising................................................................... $ 107.4 $ 171.4 $ (18.2) $ 153.2 (30%) Digital advertising................................................................. 68.4 99.3 — 99.3 (31%) Subscription / newsstand..................................................... 175.9 218.3 (21.8) 196.5 (10%) Other.................................................................................... 92.9 98.5 — 98.5 (6%) Total Revenues................................................................. $ 444.6 $ 587.5 $ (40.0) $ 547.5 (19%) 12

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Comparative Revenues Reconciliation - Comparable Change % excludes the impact to National Media Group results due to transitioning Rachel Ray Every Day, Coastal Living and Traditional Home to premium newsstand titles; merging Cooking Light and EatingWell; adjusting the frequency of Entertainment Weekly to monthly; and closing Family Circle, Martha Stewart Weddings and Money magazines. 2020 2019 Comparable Change Twelve Months Ended June 30, As Reported As Reported Portfolio Changes Comparable % In millions Advertising related............................................................... $ 1,399.0 $ 1,686.6 $ (59.3) $ 1,627.3 (14%) Consumer related................................................................. 1,348.7 1,416.8 (67.0) 1,349.8 —% Other.................................................................................... 100.9 85.1 — 85.1 19% Total Revenue.................................................................. $ 2,848.6 $ 3,188.5 $ (126.3) $ 3,062.2 (7%) National Media Group Print advertising................................................................... $ 553.5 $ 690.1 $ (59.3) $ 630.8 (12%) Digital advertising................................................................. 376.8 394.9 — 394.9 (5%) Subscription / newsstand..................................................... 762.6 881.6 (67.0) 814.6 (6%) Other.................................................................................... 388.7 360.0 — 360.0 8% Total Revenues................................................................. $ 2,081.6 $ 2,326.6 $ (126.3) $ 2,200.3 (5%) 13

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Special Items The tables on pages 15 through 18 show results of operations as reported under GAAP and excluding the special items. Results of operations excluding the special items are non-GAAP measures. Management’s rationale for presenting non-GAAP measures is included on page 2 of this presentation. Adjusted EBITDA Consolidated adjusted EBITDA, which is reconciled to net earnings (loss) in the following tables, is defined as earnings (loss) from continuing operations before interest expense, income taxes, depreciation, amortization, and special items. Segment adjusted EBITDA is a measure of segment earnings (loss) before depreciation, amortization, and special items. Segment adjusted EBITDA margin is defined as segment adjusted EBITDA divided by segment revenues. 14

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Local Unallocated Three months ended June 30, 2020 National Media Media Corporate Total (In millions) Revenues.......................................................................................................................................................................... $ 444.6 $ 167.3 Net earnings............................................................................................................................................................................................................................................... $ 6.2 Income tax benefit.................................................................................................................................................................................................................................................... (16.8) Interest expense, net................................................................................................................................................................................................................................................ 33.4 Non-operating expense, net..................................................................................................................................................................................................................................... 0.3 Operating profit............................................................................................................................................................... $ 6.8 $ 28.4 $ (12.1) 23.1 Special items included in operating profit Severance and related benefit costs........................................................................................................................... 1.9 — 0.2 2.1 Integration and restructuring costs............................................................................................................................. 1.8 — 5.0 6.8 Other........................................................................................................................................................................... (2.1) — — (2.1) Total special items included in operating profit............................................................................................................... 1.6 — 5.2 6.8 Operating profit before special items (non-GAAP).......................................................................................................... 8.4 28.4 (6.9) 29.9 Non-operating income (expense), net............................................................................................................................. 0.3 0.1 (0.7) (0.3) Special item included in the non-operating income (expense), net - pension settlement.............................................. — — 1.1 1.1 Depreciation and amortization........................................................................................................................................ 39.1 9.6 0.6 49.3 Adjusted EBITDA (non-GAAP)........................................................................................................................................... $ 47.8 $ 38.1 $ (5.9) $ 80.0 Segment operating margin............................................................................................................................................... 1.5 % 17.0 % Segment adjusted EBITDA margin.................................................................................................................................... 10.8 % 22.8 % 15

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Local Unallocated Three months ended June 30, 2019 National Media Media Corporate Total (In millions) Revenues.......................................................................................................................................................................... $ 587.5 $ 198.6 Net loss...................................................................................................................................................................................................................................................... $ (13.0) Loss from discontinued operations.......................................................................................................................................................................................................................... 9.4 Loss from continuing operations................................................................................................................................................................................................................ (3.6) Income tax benefit................................................................................................................................................................................................................................................... (5.5) Interest expense, net............................................................................................................................................................................................................................................... 39.5 Non-operating income, net...................................................................................................................................................................................................................................... (6.9) Operating profit............................................................................................................................................................... $ 6.4 $ 62.6 $ (45.5) 23.5 Special items included in operating profit Write-down of impaired assets................................................................................................................................... 41.8 — — 41.8 Severance and related benefit costs........................................................................................................................... 13.6 0.3 — 13.9 Integration and restructuring costs............................................................................................................................. 2.2 — 28.0 30.2 Gain on sale of businesses and assets......................................................................................................................... (4.7) — — (4.7) Other........................................................................................................................................................................... 3.2 — — 3.2 Total special items included in operating profit............................................................................................................... 56.1 0.3 28.0 84.4 Operating profit before special items (non-GAAP).......................................................................................................... 62.5 62.9 (17.5) 107.9 Non-operating income (expense), net............................................................................................................................. 7.3 0.6 (1.0) 6.9 Special item included in non-operating income (expense), net - pension settlement.................................................... (2.8) — — (2.8) Depreciation and amortization........................................................................................................................................ 47.8 8.9 0.6 57.3 Adjusted EBITDA (non-GAAP)........................................................................................................................................... $ 114.8 $ 72.4 $ (17.9) $ 169.3 Segment operating margin............................................................................................................................................... 1.1 % 31.5 % Segment adjusted EBITDA margin.................................................................................................................................... 19.5 % 36.5 % 16

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Local Unallocated Twelve months ended June 30, 2020 National Media Media Corporate Total (In millions) Revenues.......................................................................................................................................................................... $ 2,081.6 $ 769.3 Net loss...................................................................................................................................................................................................................................................... $ (234.3) Loss from discontinued operations.......................................................................................................................................................................................................................... 25.3 Loss from continuing operations................................................................................................................................................................................................................ (209.0) Income tax benefit.................................................................................................................................................................................................................................................... (32.2) Interest expense, net................................................................................................................................................................................................................................................ 145.8 Non-operating expense, net..................................................................................................................................................................................................................................... 1.3 Operating profit (loss)...................................................................................................................................................... $ (167.7) 146.0 (72.4) (94.1) Special items included in operating profit (loss) Write-down of impaired assets................................................................................................................................... 367.0 22.3 — 389.3 Severance and related benefit costs........................................................................................................................... 8.1 2.3 3.7 14.1 Integration and restructuring costs............................................................................................................................. 5.1 — 18.5 23.6 Gain on the sale of business........................................................................................................................................ (8.7) — — (8.7) Other........................................................................................................................................................................... (2.1) — 0.4 (1.7) Total special items included in operating profit (loss)..................................................................................................... 369.4 24.6 22.6 416.6 Operating profit before special items (non-GAAP).......................................................................................................... 201.7 170.6 (49.8) 322.5 Non-operating income (expense), net............................................................................................................................. 11.3 1.0 (13.6) (1.3) Special items included in the non-operating income (expense), net............................................................................... Pension settlement charge.......................................................................................................................................... — — 14.0 14.0 Release of lease guarantee.......................................................................................................................................... (8.0) — — (8.0) Loss on investment...................................................................................................................................................... 1.1 — — 1.1 Total special items included in non-operating income (expense), net............................................................................ (6.9) — 14.0 7.1 Depreciation and amortization........................................................................................................................................ 176.5 38.9 4.5 219.9 Adjusted EBITDA (non-GAAP)........................................................................................................................................... $ 382.6 $ 210.5 $ (44.9) $ 548.2 Segment operating margin............................................................................................................................................... (8.1) % 19.0 % Segment adjusted EBITDA margin.................................................................................................................................... 18.4 % 27.4 % 17

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Local Unallocated Twelve months ended June 30, 2019 National Media Media Corporate Total (In millions) Revenues.......................................................................................................................................................................... $ 2,326.6 $ 863.8 Net earnings.............................................................................................................................................................................................................................................. 46.3 Loss from discontinued operations.......................................................................................................................................................................................................................... 82.8 Earnings from continuing operations......................................................................................................................................................................................................... 129.1 Income tax expense................................................................................................................................................................................................................................................. 11.5 Interest expense, net............................................................................................................................................................................................................................................... 170.6 Non-operating income, net...................................................................................................................................................................................................................................... (24.2) Operating profit............................................................................................................................................................... $ 126.0 $ 278.3 $ (117.3) 287.0 Special items included in operating profit Write-down of impaired assets................................................................................................................................... 41.8 — — 41.8 Severance and related benefit costs........................................................................................................................... 44.9 2.0 4.6 51.5 Integration and restructuring costs............................................................................................................................. 23.4 — 41.2 64.6 Gain on sale of businesses and assets......................................................................................................................... (11.1) — — (11.1) Other........................................................................................................................................................................... 5.4 (0.9) 2.3 6.8 Total special items included in operating profit.............................................................................................................. 104.4 1.1 48.1 153.6 Operating profit before special items (non-GAAP).......................................................................................................... 230.4 279.4 (69.2) 440.6 Non-operating income (expense), net............................................................................................................................. 25.9 2.2 (3.9) 24.2 Special items included in non-operating income (expense)............................................................................................ Gain on the sale of business........................................................................................................................................ (4.0) — — (4.0) Pension settlement..................................................................................................................................................... (2.8) — — (2.8) Total special items included in non-operating income (expense), net............................................................................ (6.8) — — (6.8) Depreciation and amortization........................................................................................................................................ 206.5 36.6 4.5 247.6 Adjusted EBITDA (non-GAAP).......................................................................................................................................... $ 456.0 $ 318.2 $ (68.6) $ 705.6 Segment operating margin.............................................................................................................................................. 5.4 % 32.2 % Segment adjusted EBITDA margin................................................................................................................................... 19.6 % 36.8 % 18

Meredith Corporation and Subsidiaries Supplemental Disclosures Regarding Non-GAAP Financial Measures Free Cash Flow – The following table presents net cash provided by operating activities as reported under GAAP and additions to property, plant, and equipment also as reported under GAAP. Free cash flow is a non-GAAP measure. Management’s rationale for presenting non-GAAP measures is included in the text of this earnings release. Three Months Twelve Months Years ended June 30, 2020 2019 % Change 2020 2019 % Change (In millions) Net cash provided by operating activities................................................ $ 123.6 $ 92.8 33 % $ 306.6 $ 245.3 25 % Less: additions to property, plant, and equipment.................................. (9.8) (17.8) (45) % (55.4) (46.4) 19 % Free cash flow........................................................................................... $ 113.8 $ 75.0 52 % $ 251.2 $ 198.9 26 % 19