(Amounts are in millions) |
|
12/2018 |
|
12/2017 |
|
12/2016 |
|
|
Press Release |
|
Press Release |
|
Press Release |
Net Sales or Revenues |
|
$4,244.27 |
|
$3,965.59 |
|
$3,818.75 |
Cost of Goods Sold |
|
$3,277.69 |
|
$2,993.65 |
|
$2,909.78 |
|
|
 |
|
 |
|
 |
Gross Profit |
|
$966.58 |
|
$971.94 |
|
$908.97 |
|
|
|
|
|
|
|
Research & Development Expense |
|
N/A |
|
$0.00 |
|
$0.00 |
Selling, General, & Admin. Expense |
|
$275.84 |
|
$271.56 |
|
$241.65 |
|
|
 |
|
 |
|
 |
Income Before Depreciation |
|
$690.74 |
|
$700.38 |
|
$667.32 |
|
|
|
|
|
|
|
Depreciation, Depletion, Amortization |
|
N/A |
|
$0.00 |
|
$0.00 |
Non-Operating Income |
|
$22.41 |
|
$10.03 |
|
$21.38 |
Interest Expense |
|
$137.07 |
|
$91.49 |
|
$81.68 |
|
|
 |
|
 |
|
 |
Pretax Income |
|
$576.08 |
|
$618.93 |
|
$607.03 |
|
|
|
|
|
|
|
Provision for Income Taxes |
|
$105.71 |
|
($94.46) |
|
$181.58 |
Minority Interest |
|
$0.38 |
|
$0.04 |
|
$0.06 |
Investment Gains (Losses) |
|
N/A |
|
$0.00 |
|
$0.00 |
Other Income |
|
N/A |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Income Before Extraordinaries |
|
$470.38 |
|
$713.39 |
|
$425.44 |
|
|
|
|
|
|
|
Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Net Income |
|
$470.00 |
|
$713.34 |
|
$425.39 |
|
|
 |
|
 |
|
 |
|
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
$7.46 |
|
$11.30 |
|
$6.66 |
Diluted Earnings Per Share |
|
$7.43 |
|
$11.25 |
|
$6.63 |
|
|
|
|
|
|
|
Weighted Average Basic Shares Outstanding |
|
62.90 |
|
62.90 |
|
63.60 |
Weighted Average Diluted Shares Outstanding |
|
63.15 |
|
63.20 |
|
63.90 |
|
|
|
|
|
|
|
Income Before Non-Recurring Items |
|
$511.04 |
|
$456.08 |
|
$426.51 |
Income From Non-Recurring Items |
|
($41.05) |
|
$257.22 |
|
($1.11) |
Diluted Earnings Per Share before extras |
|
$8.09 |
|
$7.18 |
|
$6.65 |
|
|
|
|
|
|
|
Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
Dividend (common) |
|
$115.39 |
|
$108.12 |
|
$104.08 |
Dividend Per Share (common) |
|
$1.84 |
|
$1.72 |
|
$1.64 |