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CIT Group, Inc.$51.03($.23)(.45%)

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Income Statement for CIT Group, Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $3,273.20 $3,207.20 $3,093.70
Cost of Goods Sold N/A $373.30 $394.80
Gross Profit N/A $2,833.90 $2,698.90
       
Research & Development Expense N/A $0.00 $0.00
Selling, General, & Admin. Expense N/A $1,746.00 $1,704.30
Income Before Depreciation N/A $1,087.90 $994.60
       
Depreciation, Depletion, Amortization N/A $551.90 $615.30
Non-Operating Income N/A $0.00 $0.00
Interest Expense N/A $344.40 $358.40
Pretax Income N/A $191.60 $20.90
       
Provision for Income Taxes N/A ($67.80) $203.50
Minority Interest N/A $0.00 $0.00
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries $472.10 $259.40 ($182.60)
       
Extraordinary Items & Disc. Operations ($25.00) $208.80 ($665.40)
Net Income $447.10 $468.20 ($848.00)
       
Basic Earnings Per Share $3.64 $2.82 ($4.20)
Diluted Earnings Per Share $3.61 $2.80 ($4.20)
       
Weighted Average Basic Shares Outstanding 117.65 162.29 201.85
Weighted Average Diluted Shares Outstanding 118.78 163.95 201.85
       
Income Before Non-Recurring Items $479.60 $513.90 $368.00
Income From Non-Recurring Items ($7.50) ($254.50) ($563.50)
Diluted Earnings Per Share before extras $4.04 $3.07 $1.82
       
Dividend (preferred) N/A $10.54 N/A
Dividend (common) $86.59 $80.07 $121.24
Dividend Per Share (common) $0.82 $0.61 $0.60




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