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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues [+] | 2,593.4 | 2,294.9 | 2,301.3 | 2,324.6 | 2,284.5 | 2,158.6 | 2,045.3 | 1,856.0 |
Management fees | | | | | | | | 9.9 |
Lease / rental | | | | | | | 2,039.7 | 1,846.1 |
Revenue growth | 13.0% | -0.3% | -1.0% | 1.8% | 5.8% | 5.5% | 10.2% | 10.1% |
Cost of goods sold [+] | 919.1 | 853.9 | 823.1 | 768.1 | 766.6 | 722.3 | 683.3 | 642.2 |
Real estate taxes and insurance | 289.0 | 283.1 | 273.2 | 253.0 | 241.6 | 221.4 | 204.8 | 193.5 |
Real estate or leased property costs | 630.2 | 570.9 | 549.9 | 515.1 | 525.0 | 500.9 | 478.4 | 448.7 |
Gross profit | 1,674.3 | 1,440.9 | 1,478.2 | 1,556.5 | 1,518.0 | 1,436.3 | 1,362.0 | 1,213.8 |
Gross margin | 64.6% | 62.8% | 64.2% | 67.0% | 66.4% | 66.5% | 66.6% | 65.4% |
Selling, general and administrative [+] | 74.1 | 69.6 | 60.3 | 58.0 | 60.4 | 53.7 | 45.8 | 42.8 |
General and administrative | 74.1 | 69.6 | 60.3 | 58.0 | 60.4 | 53.7 | 45.8 | 42.8 |
Equity in earnings | 53.4 | 38.6 | 6.4 | 8.7 | 15.3 | 70.7 | 65.0 | 70.0 |
Other operating expenses | 252.5 | 188.7 | 382.1 | 499.6 | 294.8 | 403.5 | 129.9 | 288.0 |
EBITDA [+] | 2,216.1 | 1,979.8 | 1,749.4 | 1,669.1 | 1,809.3 | 1,634.0 | 1,782.7 | 1,430.9 |
EBITDA growth | 11.9% | 13.2% | 4.8% | -7.7% | 10.7% | -8.3% | 24.6% | 10.8% |
EBITDA margin | 85.4% | 86.3% | 76.0% | 71.8% | 79.2% | 75.7% | 87.2% | 77.1% |
Depreciation and amortization | 815.0 | 758.6 | 707.3 | 661.6 | 631.2 | 584.2 | 531.4 | 477.9 |
EBIT [+] | 1,401.1 | 1,221.2 | 1,042.1 | 1,007.5 | 1,178.1 | 1,049.8 | 1,251.2 | 953.0 |
EBIT growth | 14.7% | 17.2% | 3.4% | -14.5% | 12.2% | -16.1% | 31.3% | 12.3% |
EBIT margin | 54.0% | 53.2% | 45.3% | 43.3% | 51.6% | 48.6% | 61.2% | 51.3% |
Non-recurring items [+] | 5.0 | 5.2 | 0.4 | 0.4 | 0.6 | -1.2 | 36.8 | 7.4 |
Asset impairment | | 3.1 | | | 0.2 | 6.3 | -3.9 | -10.5 |
Loss (gain) on sale of assets | 5.0 | 2.1 | 0.4 | 0.4 | 0.3 | -10.9 | 10.2 | 9.6 |
Interest expense | 230.1 | 220.4 | 214.2 | 203.6 | 221.0 | 199.7 | 187.5 | 175.6 |
Interest expense | 230.1 | 220.4 | 214.2 | 203.6 | 221.0 | 199.7 | 187.5 | 175.6 |
Other income (expense), net [+] | -14.9 | 14.6 | -3.1 | -4.4 | 17.5 | 25.5 | 7.1 | -26.7 |
Gain (loss) on debt retirement | -1.6 | -17.8 | -9.3 | -0.6 | -17.5 | -25.5 | -7.1 | 26.7 |
Pre-tax income | 1,151.1 | 1,010.1 | 824.5 | 799.1 | 974.0 | 876.8 | 1,034.0 | 743.2 |
Income taxes | 14.6 | 5.7 | -3.2 | 13.0 | -0.2 | 0.1 | 0.3 | 1.5 |
Tax rate | 1.3% | 0.6% | | 1.6% | | 0.0% | 0.0% | 0.2% |
Minority interest | 0.3 | -0.1 | -0.1 | -0.1 | 0.4 | 0.3 | -0.3 | -0.3 |
Net income | 1,136.8 | 1,004.3 | 827.6 | 786.0 | 974.5 | 876.9 | 1,034.0 | 742.0 |
Net margin | 43.8% | 43.8% | 36.0% | 33.8% | 42.7% | 40.6% | 50.6% | 40.0% |
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Basic EPS [+] | $8.14 | $7.20 | $5.91 | $5.65 | $7.07 | $6.38 | $7.55 | $5.56 |
Growth | 13.0% | 22.0% | 4.5% | -20.0% | 10.9% | -15.6% | 35.9% | 12.4% |
Diluted EPS [+] | $8.12 | $7.19 | $5.89 | $5.63 | $7.05 | $6.35 | $7.52 | $5.51 |
Growth | 13.0% | 22.0% | 4.7% | -20.1% | 11.0% | -15.6% | 36.4% | 12.1% |
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Dividends per share [+] | $6.36 | $6.36 | $6.36 | $6.08 | $5.88 | $5.68 | $5.40 | $5.00 |
Growth | 0.0% | 0.0% | 4.6% | 3.4% | 3.5% | 5.2% | 8.0% | 7.8% |
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Shares outstanding (basic) [+] | 139.6 | 139.4 | 140.1 | 139.1 | 137.8 | 137.5 | 136.9 | 133.6 |
Growth | 0.2% | -0.5% | 0.7% | 0.9% | 0.2% | 0.4% | 2.5% | 2.3% |
Shares outstanding (diluted) [+] | 140.0 | 139.7 | 140.4 | 139.6 | 138.3 | 138.1 | 137.5 | 134.6 |
Growth | 0.2% | -0.5% | 0.6% | 0.9% | 0.2% | 0.4% | 2.1% | 2.6% |
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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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