(Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
 |
Net Sales or Revenues |
|
$4,630.49 |
|
$3,375.86 |
|
$1,925.59 |
Cost of Goods Sold |
|
$2,704.78 |
|
$1,957.71 |
|
$1,231.38 |
|
|
 |
|
 |
|
 |
Gross Profit |
|
$1,925.71 |
|
$1,418.15 |
|
$694.22 |
|
|
|
|
|
|
|
Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$3.68 |
Selling, General, & Admin. Expense |
|
$666.13 |
|
$501.94 |
|
$220.69 |
|
|
 |
|
 |
|
 |
Income Before Depreciation |
|
$1,259.58 |
|
$916.21 |
|
$469.84 |
|
|
|
|
|
|
|
Depreciation, Depletion, Amortization |
|
$632.48 |
|
$463.91 |
|
$258.40 |
Non-Operating Income |
|
$6.71 |
|
$1.78 |
|
$2.58 |
Interest Expense |
|
$125.30 |
|
$92.71 |
|
$57.22 |
|
|
 |
|
 |
|
 |
Pretax Income |
|
$508.51 |
|
$361.37 |
|
$156.80 |
|
|
|
|
|
|
|
Provision for Income Taxes |
|
($68.91) |
|
$114.04 |
|
$32.92 |
Minority Interest |
|
$0.60 |
|
$0.78 |
|
$0.00 |
Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Income Before Extraordinaries |
|
$577.42 |
|
$247.32 |
|
$123.88 |
|
|
|
|
|
|
|
Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Net Income |
|
$576.82 |
|
$246.54 |
|
$123.88 |
|
|
 |
|
 |
|
 |
|
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
$2.19 |
|
$1.07 |
|
$1.55 |
Diluted Earnings Per Share |
|
$2.18 |
|
$1.07 |
|
$1.55 |
|
|
|
|
|
|
|
Weighted Average Basic Shares Outstanding |
|
263.68 |
|
230.33 |
|
79.79 |
Weighted Average Diluted Shares Outstanding |
|
264.30 |
|
231.08 |
|
79.79 |
|
|
|
|
|
|
|
Income Before Non-Recurring Items |
|
$570.67 |
|
$395.18 |
|
$137.88 |
Income From Non-Recurring Items |
|
$6.15 |
|
($148.64) |
|
($14.01) |
Diluted Earnings Per Share before extras |
|
$2.16 |
|
$1.71 |
|
$1.73 |
|
|
|
|
|
|
|
Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
Dividend (common) |
|
$163.37 |
|
$134.67 |
|
$53.26 |
Dividend Per Share (common) |
|
$0.62 |
|
$0.51 |
|
$0.67 |