| (Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$1,885.51 |
|
$3,056.73 |
|
$3,143.71 |
| Cost of Goods Sold |
|
$758.50 |
|
$1,735.61 |
|
$1,804.72 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$1,127.01 |
|
$1,321.12 |
|
$1,338.99 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$31.75 |
|
$76.02 |
|
$78.29 |
| Selling, General, & Admin. Expense |
|
$376.77 |
|
$385.63 |
|
$374.12 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$718.50 |
|
$859.47 |
|
$886.59 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$522.19 |
|
$495.07 |
|
$530.56 |
| Non-Operating Income |
|
$121.63 |
|
$46.08 |
|
($12.40) |
| Interest Expense |
|
$217.24 |
|
$123.63 |
|
$122.07 |
|
|
|
|
|
|
|
| Pretax Income |
|
$100.69 |
|
$286.84 |
|
$221.57 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
($284.29) |
|
$106.15 |
|
$72.20 |
| Minority Interest |
|
$0.93 |
|
$0.76 |
|
($3.99) |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$384.98 |
|
$180.69 |
|
$149.37 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$8.51 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$392.56 |
|
$179.93 |
|
$153.36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$4.13 |
|
$1.94 |
|
$1.77 |
| Diluted Earnings Per Share |
|
$4.07 |
|
$1.92 |
|
$1.75 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
95.43 |
|
93.80 |
|
92.40 |
| Weighted Average Diluted Shares Outstanding |
|
96.74 |
|
94.41 |
|
93.47 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$80.55 |
|
$179.93 |
|
$160.71 |
| Income From Non-Recurring Items |
|
$303.50 |
|
$0.00 |
|
($7.35) |
| Diluted Earnings Per Share before extras |
|
$0.84 |
|
$1.92 |
|
$1.83 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
($2.03) |
|
($10.19) |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
