| (Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$3,965.59 |
|
$3,818.75 |
|
$3,539.57 |
| Cost of Goods Sold |
|
$2,993.65 |
|
$2,909.78 |
|
$2,817.80 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$971.94 |
|
$908.97 |
|
$721.77 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$271.56 |
|
$241.65 |
|
$242.35 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$700.38 |
|
$667.32 |
|
$479.42 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$10.03 |
|
$21.38 |
|
$10.67 |
| Interest Expense |
|
$91.49 |
|
$81.68 |
|
$76.29 |
|
|
|
|
|
|
|
| Pretax Income |
|
$618.93 |
|
$607.03 |
|
$413.80 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
($94.46) |
|
$181.58 |
|
$124.86 |
| Minority Interest |
|
$0.04 |
|
$0.06 |
|
$0.15 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$713.39 |
|
$425.44 |
|
$288.94 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$713.34 |
|
$425.39 |
|
$288.79 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$11.30 |
|
$6.66 |
|
$4.31 |
| Diluted Earnings Per Share |
|
$11.25 |
|
$6.63 |
|
$4.29 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
62.90 |
|
63.60 |
|
66.80 |
| Weighted Average Diluted Shares Outstanding |
|
63.20 |
|
63.90 |
|
67.00 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$456.08 |
|
$426.51 |
|
$302.87 |
| Income From Non-Recurring Items |
|
$257.22 |
|
($1.11) |
|
($14.07) |
| Diluted Earnings Per Share before extras |
|
$7.18 |
|
$6.65 |
|
$4.50 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$108.12 |
|
$104.08 |
|
$105.83 |
| Dividend Per Share (common) |
|
$1.72 |
|
$1.64 |
|
$1.60 |
