Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 | Dec-31-99 |
Revenues | 3,980.8 | 3,854.1 | 3,649.7 | 3,402.4 | 4,171.3 | 5,937.9 | 9,252.1 | 8,956.3 |
Revenue growth | 3.3% | 5.6% | 7.3% | -18.4% | -29.8% | -35.8% | 3.3% | |
Cost of goods sold | 3,725.4 | 3,531.6 | 3,342.7 | 2,938.8 | 3,605.1 | 5,099.7 | 7,199.1 | 7,119.1 |
Gross profit | 255.4 | 322.4 | 307.1 | 463.6 | 566.2 | 838.2 | 2,053.0 | 1,837.2 |
Gross margin | 6.4% | 8.4% | 8.4% | 13.6% | 13.6% | 14.1% | 22.2% | 20.5% |
Selling, general and administrative | 308.7 | 363.6 | 909.1 | 974.1 | 1,077.4 | 2,022.1 | 1,547.7 | 1,241.6 |
EBIT | -18.9 | -0.6 | -602.0 | -510.6 | -511.2 | -1,183.9 | 505.3 | 595.7 |
EBIT margin | -0.5% | 0.0% | -16.5% | -15.0% | -12.3% | -19.9% | 5.5% | 6.7% |
Pre-tax income | -14.8 | 6.2 | -581.7 | -491.2 | -475.7 | -1,278.9 | 404.1 | 663.5 |
Income taxes | -24.4 | 0.0 | -14.1 | 23.6 | -178.0 | -271.7 | 153.6 | 235.5 |
Tax rate | 165.3% | | 2.4% | | 37.4% | 21.2% | 38.0% | 35.5% |
Net income | 0.0 | 0.0 | -0.5 | -0.5 | -0.3 | -1.0 | 0.2 | 427.9 |
Net margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 4.8% |
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Diluted EPS | $0.03 | $0.02 | ($1.22) | ($1.62) | ($0.95) | ($3.19) | $0.72 | $1,319.10 |
Shares outstanding (diluted) | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
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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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