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In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Americas | 1,448.2 | 1,416.1 | 1,329.1 | 1,260.3 | 1,245.4 | | | |
Non-Americas | 294.3 | 287.6 | 308.0 | 324.2 | 313.0 | 594.1 | | |
Asia Pacific | | | | | | 174.2 | 268.3 | 86.8 |
Europe and Other International Markets | | | | | | 241.9 | 243.4 | 236.4 |
Other | | | | | | 652.8 | 1,246.8 | 1,353.4 |
Total revenues | 1,742.5 | 1,703.7 | 1,637.1 | 1,584.5 | 1,558.4 | 1,663.0 | 1,758.5 | 1,676.6 |
Revenue growth [+] | 2.3% | 4.1% | 3.3% | 1.7% | -6.3% | -5.4% | 4.9% | -0.6% |
Americas | 2.3% | 6.5% | 5.5% | 1.2% | | | | |
Non-Americas | 2.3% | -6.6% | -5.0% | 3.6% | -47.3% | | | |
Asia Pacific | | | | | | -35.1% | 209.1% | -33.2% |
Europe and Other International Markets | | | | | | -0.6% | 3.0% | -4.4% |
Sale and Marketing Solutions | | | | | | | 31.6% | |
Cost of goods sold | 574.7 | 542.6 | 544.7 | 530.1 | 524.4 | 521.0 | 587.1 | 557.7 |
Gross profit | 1,167.8 | 1,161.1 | 1,092.4 | 1,054.4 | 1,034.0 | 1,142.0 | 1,171.4 | 1,118.9 |
Gross margin | 67.0% | 68.2% | 66.7% | 66.5% | 66.4% | 68.7% | 66.6% | 66.7% |
Selling, general and administrative | 673.1 | 711.2 | 664.4 | 575.6 | 533.6 | 602.2 | 643.4 | 626.9 |
Equity in earnings | 2.8 | 2.8 | 2.7 | 1.9 | 1.6 | 1.3 | 1.3 | 0.9 |
Other operating expenses | | -26.0 | | | | | | |
EBITDA [+] | 497.5 | 478.7 | 430.7 | 480.7 | 502.0 | 541.1 | 529.3 | 492.9 |
EBITDA growth | 3.9% | 11.1% | -10.4% | -4.2% | -7.2% | 2.2% | 7.4% | -9.9% |
EBITDA margin | 28.6% | 28.1% | 26.3% | 30.3% | 32.2% | 32.5% | 30.1% | 29.4% |
Depreciation | 46.8 | 40.1 | 58.7 | 52.5 | 60.4 | 78.3 | 81.1 | 68.1 |
EBITA | 450.7 | 438.6 | 372.0 | 428.2 | 441.6 | 462.8 | 448.2 | 424.8 |
EBITA margin | 25.9% | 25.7% | 22.7% | 27.0% | 28.3% | 27.8% | 25.5% | 25.3% |
Amortization of intangibles | 32.9 | 28.5 | | | | | | |
EBIT [+] | 417.8 | 410.1 | 372.0 | 428.2 | 441.6 | 462.8 | 448.2 | 424.8 |
EBIT growth | 1.9% | 10.2% | -13.1% | -3.0% | -4.6% | 3.3% | 5.5% | -13.2% |
EBIT margin | 24.0% | 24.1% | 22.7% | 27.0% | 28.3% | 27.8% | 25.5% | 25.3% |
Non-recurring items | 32.1 | 48.1 | 32.3 | 14.9 | 13.9 | 29.4 | 22.1 | 14.8 |
Interest expense, net [+] | 58.1 | 51.3 | 49.4 | 41.7 | 39.5 | 38.7 | 35.5 | 43.9 |
Interest expense | 59.7 | 53.1 | 51.0 | 43.3 | 40.7 | 39.5 | 37.0 | 46.0 |
Interest income | 1.6 | 1.8 | 1.6 | 1.6 | 1.2 | 0.8 | 1.5 | 2.1 |
Other income (expense), net | -4.9 | -107.1 | -10.3 | -31.4 | -1.9 | -16.4 | -22.5 | 21.8 |
Pre-tax income | 322.7 | 203.6 | 280.0 | 340.2 | 386.3 | 378.3 | 368.1 | 387.9 |
Income taxes | 179.7 | 99.9 | 74.2 | 54.3 | 135.6 | 83.1 | 109.2 | 137.9 |
Tax rate | 55.7% | 49.1% | 26.5% | 16.0% | 35.1% | 22.0% | 29.7% | 35.6% |
Minority interest | 4.1 | 5.0 | 4.3 | 3.5 | 3.6 | 1.0 | -0.1 | -1.2 |
Earnings from continuing ops | 287.5 | 208.0 | 414.8 | 294.4 | 258.5 | 295.5 | 260.3 | 252.1 |
Earnings from discontinued ops | -0.8 | -4.1 | -37.5 | | | | | |
Net income | 286.7 | 203.9 | 377.3 | 294.4 | 258.5 | 295.5 | 260.3 | 252.1 |
Net margin | 16.5% | 12.0% | 23.0% | 18.6% | 16.6% | 17.8% | 14.8% | 15.0% |
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Basic EPS [+] | $7.79 | $5.70 | $11.49 | $8.07 | $6.61 | $6.48 | $5.32 | $5.05 |
Growth | 36.7% | -50.4% | 42.5% | 22.0% | 2.0% | 21.7% | 5.4% | -17.3% |
Diluted EPS [+] | $7.73 | $5.65 | $11.40 | $7.98 | $6.54 | $6.42 | $5.28 | $5.00 |
Growth | 36.7% | -50.4% | 42.8% | 21.9% | 1.9% | 21.7% | 5.6% | -17.2% |
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Dividends per share [+] | $2.01 | $1.93 | $1.85 | $1.76 | $1.60 | $1.52 | $1.44 | $1.40 |
Growth | 4.1% | 4.3% | 5.1% | 10.0% | 5.3% | 5.6% | 2.9% | 2.9% |
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Shares outstanding (basic) [+] | 36.9 | 36.5 | 36.1 | 36.5 | 39.1 | 45.6 | 48.9 | 49.9 |
Growth | 1.1% | 1.1% | -1.1% | -6.6% | -14.3% | -6.7% | -2.0% | -4.6% |
Shares outstanding (diluted) [+] | 37.2 | 36.8 | 36.4 | 36.9 | 39.5 | 46.0 | 49.3 | 50.4 |
Growth | 1.1% | 1.1% | -1.4% | -6.6% | -14.1% | -6.7% | -2.2% | -4.7% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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