(Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
Press Release |
Net Sales or Revenues |
|
$2,350.00 |
|
$2,494.60 |
|
$2,691.60 |
Cost of Goods Sold |
|
$1,435.60 |
|
$1,534.70 |
|
$1,639.90 |
|
|
 |
|
 |
|
 |
Gross Profit |
|
$914.40 |
|
$959.90 |
|
$1,051.70 |
|
|
|
|
|
|
|
Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Selling, General, & Admin. Expense |
|
$890.50 |
|
$800.00 |
|
$850.60 |
|
|
 |
|
 |
|
 |
Income Before Depreciation |
|
$23.90 |
|
$159.90 |
|
$201.10 |
|
|
|
|
|
|
|
Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Non-Operating Income |
|
($2.40) |
|
($14.60) |
|
$1.70 |
Interest Expense |
|
$32.10 |
|
$34.80 |
|
$38.20 |
|
|
 |
|
 |
|
 |
Pretax Income |
|
($10.60) |
|
$110.50 |
|
$164.60 |
|
|
|
|
|
|
|
Provision for Income Taxes |
|
($9.90) |
|
$23.00 |
|
$41.40 |
Minority Interest |
|
($1.00) |
|
($0.20) |
|
$0.40 |
Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Income Before Extraordinaries |
|
($0.70) |
|
$87.50 |
|
$123.20 |
|
|
|
|
|
|
|
Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Net Income |
|
$0.30 |
|
$87.70 |
|
$122.80 |
|
|
 |
|
 |
|
 |
|
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
$0.00 |
|
$0.90 |
|
$1.22 |
Diluted Earnings Per Share |
|
$0.00 |
|
$0.89 |
|
$1.20 |
|
|
|
|
|
|
|
Weighted Average Basic Shares Outstanding |
|
95.40 |
|
99.00 |
|
100.00 |
Weighted Average Diluted Shares Outstanding |
|
96.40 |
|
99.00 |
|
100.00 |
|
|
|
|
|
|
|
Income Before Non-Recurring Items |
|
$158.40 |
|
$134.23 |
|
$147.80 |
Income From Non-Recurring Items |
|
($158.10) |
|
($46.53) |
|
($25.00) |
Diluted Earnings Per Share before extras |
|
$1.64 |
|
$1.36 |
|
$1.45 |
|
|
|
|
|
|
|
Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
Dividend (common) |
|
$22.96 |
|
$23.68 |
|
$24.69 |
Dividend Per Share (common) |
|
$0.24 |
|
$0.24 |
|
$0.24 |