| (Amounts are in millions) |
|
12/2019 |
|
12/2018 |
|
12/2017 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$4,739.10 |
|
$4,244.27 |
|
$3,965.59 |
| Cost of Goods Sold |
|
$3,560.10 |
|
$3,277.69 |
|
$2,993.65 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$1,179.00 |
|
$966.58 |
|
$971.94 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$294.10 |
|
$275.84 |
|
$271.56 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$884.90 |
|
$690.74 |
|
$700.38 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($7.30) |
|
$22.41 |
|
$10.03 |
| Interest Expense |
|
$129.30 |
|
$137.07 |
|
$91.49 |
|
|
|
|
|
|
|
| Pretax Income |
|
$748.30 |
|
$576.08 |
|
$618.93 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$136.30 |
|
$105.71 |
|
($94.46) |
| Minority Interest |
|
$0.10 |
|
$0.38 |
|
$0.04 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$612.00 |
|
$470.38 |
|
$713.39 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$611.90 |
|
$470.00 |
|
$713.34 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$9.77 |
|
$7.46 |
|
$11.30 |
| Diluted Earnings Per Share |
|
$9.74 |
|
$7.43 |
|
$11.25 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
62.53 |
|
62.90 |
|
62.90 |
| Weighted Average Diluted Shares Outstanding |
|
62.71 |
|
63.15 |
|
63.20 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$611.92 |
|
$511.04 |
|
$456.08 |
| Income From Non-Recurring Items |
|
$0.00 |
|
($41.05) |
|
$257.22 |
| Diluted Earnings Per Share before extras |
|
$9.74 |
|
$8.09 |
|
$7.18 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$128.75 |
|
$115.39 |
|
$108.12 |
| Dividend Per Share (common) |
|
$2.06 |
|
$1.84 |
|
$1.72 |
