With formatting, you are able to choose how to export the values of the fields formatted. The formatting only available for certain fields.

NoneDo not apply any formatting
Remove non-alphabetRemove any character that is not alphabet (A-Z, a-z)
Remove non-numericRemove any character that is not a digit (0-9)
Remove non-alphanumericRemove any characters that are not alphabets (A-Z, a-z) and numeric (0-9)
Convert text to uppercaseAll characters will be uppercase (A-Z)
Convert text to lowercase
All characters will be lowercase (a-z)
Capitalize all the words
Only the first character of the words will be uppercase (A-Z)

Enabling the Remove Carriage Return will wrap multiple lines as a single line