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CIT Group, Inc.$48.35$.01.02%

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Income Statement for CIT Group, Inc.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $3,207.20 $3,093.70 $3,884.90
Cost of Goods Sold $373.30 $394.80 $330.10
Gross Profit $2,833.90 $2,698.90 $3,554.80
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $1,746.00 $1,704.30 $1,562.40
Income Before Depreciation $1,087.90 $994.60 $1,992.40
       
Depreciation, Depletion, Amortization $551.90 $615.30 $640.50
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $344.40 $358.40 $773.40
Pretax Income $191.60 $20.90 $578.50
       
Provision for Income Taxes ($67.80) $203.50 ($488.40)
Minority Interest $0.00 $0.00 ($0.10)
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $259.40 ($182.60) $1,066.90
       
Extraordinary Items & Disc. Operations $208.80 ($665.40) ($10.40)
Net Income $468.20 ($848.00) $1,056.60
       
Basic Earnings Per Share $2.82 ($4.20) $5.70
Diluted Earnings Per Share $2.80 ($4.20) $5.67
       
Weighted Average Basic Shares Outstanding 162.29 201.85 185.50
Weighted Average Diluted Shares Outstanding 163.95 201.85 186.39
       
Income Before Non-Recurring Items $513.90 $368.00 $502.00
Income From Non-Recurring Items ($254.50) ($563.50) $565.00
Diluted Earnings Per Share before extras $3.07 $1.82 $2.69
       
Dividend (preferred) $10.54 N/A N/A
Dividend (common) $80.07 $121.24 $120.58
Dividend Per Share (common) $0.61 $0.60 $0.60




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