Imagine you're valuing a target company for an M&A transaction. When converting Enterprise Value (EV) to Equity Value, beyond just Net Debt, what other non-core assets or liabilities would you typically adjust for? Please elaborate on at least three such adjustments, explaining the rationale behind each, how they are calculated, and their potential impact on the deal structure or valuation negotiations. We're looking for your understanding of valuation nuances and practical transaction considerations.