| (Amounts are in millions) |
|
12/2019 |
|
12/2018 |
|
12/2017 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$3,400.00 |
|
$3,363.20 |
|
$3,083.60 |
| Cost of Goods Sold |
|
$1,284.00 |
|
$1,255.30 |
|
$1,164.60 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$2,116.00 |
|
$2,107.90 |
|
$1,919.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$188.00 |
|
$202.30 |
|
$184.10 |
| Selling, General, & Admin. Expense |
|
$735.00 |
|
$950.30 |
|
$659.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$1,193.00 |
|
$955.30 |
|
$1,075.90 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$647.00 |
|
$689.70 |
|
$682.80 |
| Non-Operating Income |
|
($65.00) |
|
($7.70) |
|
($11.20) |
| Interest Expense |
|
$589.00 |
|
$597.20 |
|
$609.70 |
|
|
|
|
|
|
|
| Pretax Income |
|
($108.00) |
|
($339.30) |
|
($227.80) |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$10.00 |
|
$13.10 |
|
$14.50 |
| Minority Interest |
|
$12.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
($118.00) |
|
($352.40) |
|
($242.30) |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
($130.00) |
|
($352.40) |
|
($242.30) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
($1.40) |
|
($3.87) |
|
($2.72) |
| Diluted Earnings Per Share |
|
($1.40) |
|
($3.87) |
|
($2.72) |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
93.00 |
|
91.10 |
|
89.10 |
| Weighted Average Diluted Shares Outstanding |
|
93.00 |
|
91.10 |
|
89.10 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$22.00 |
|
($49.20) |
|
($198.64) |
| Income From Non-Recurring Items |
|
($152.00) |
|
($303.20) |
|
($43.66) |
| Diluted Earnings Per Share before extras |
|
$0.23 |
|
($0.54) |
|
($2.23) |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
