Financial Summary (All financials)
| In millions, except per share items | Dec-31-07 | Nov-15-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
| Revenues | 1,132.9 | 7,670.2 | 7,884.0 | 6,572.5 | 5,298.9 | 7,979.9 | 7,112.4 | 6,615.8 |
| Revenue growth | -85.6% | | 20.0% | 24.0% | -33.6% | 12.2% | 7.5% | -7.6% |
| Cost of goods sold | 172.6 | 1,021.4 | 1,176.9 | 941.8 | 743.6 | 1,043.5 | 891.3 | 907.2 |
| Gross profit | 960.3 | 6,648.8 | 6,707.1 | 5,630.7 | 4,555.3 | 6,936.4 | 6,221.1 | 5,708.6 |
| Gross margin | 84.8% | 86.7% | 85.1% | 85.7% | 86.0% | 86.9% | 87.5% | 86.3% |
| Selling, general and administrative | 509.2 | 1,708.8 | 1,755.3 | 1,518.8 | 1,268.6 | 1,498.1 | 1,297.0 | 1,201.1 |
| EBIT | 98.7 | 772.9 | 1,417.7 | 1,177.6 | 987.4 | 1,917.0 | 1,789.6 | 1,605.6 |
| EBIT margin | 8.7% | 10.1% | 18.0% | 17.9% | 18.6% | 24.0% | 25.2% | 24.3% |
| Pre-tax income | -168.5 | 659.6 | 1,298.7 | 1,160.0 | 595.5 | 1,534.1 | 1,360.3 | 1,631.0 |
| Income taxes | -64.5 | 371.5 | 475.0 | 424.5 | 183.4 | 580.6 | 510.2 | 653.0 |
| Tax rate | 38.3% | 56.3% | 36.6% | 36.6% | 30.8% | 37.8% | 37.5% | 40.0% |
| Earnings from continuing ops | -104.0 | 288.1 | 823.7 | 735.5 | 1,046.1 | 953.5 | 850.1 | 997.4 |
| Earnings from discontinued ops | | | | | | 361.0 | 74.2 | 69.5 |
| Net income | -103.4 | 286.6 | 1,129.4 | 1,331.4 | 1,046.1 | 1,330.1 | 924.3 | 1,066.9 |
| Net margin | -9.1% | 3.7% | 14.3% | 20.3% | 19.7% | 16.7% | 13.0% | 16.1% |
| |
| Diluted EPS | | | | | $3.39 | $3.05 | $2.72 | $296.85 |
| Shares outstanding (diluted) | | | | | 308.6 | 313.0 | 312.3 | 3.4 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|