Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 2,292.0 | 2,280.3 | 2,218.6 | 2,121.0 | 2,042.5 | 2,491.3 | 2,388.2 | 2,375.7 |
Revenue growth | 0.5% | 2.8% | 4.6% | 3.8% | -18.0% | 4.3% | 0.5% | 5.7% |
Cost of goods sold | 981.8 | 970.7 | 943.3 | 894.6 | 845.8 | 1,113.3 | 1,057.0 | 1,067.8 |
Gross profit | 1,310.2 | 1,309.6 | 1,275.3 | 1,226.3 | 1,196.8 | 1,378.0 | 1,331.2 | 1,308.0 |
Gross margin | 57.2% | 57.4% | 57.5% | 57.8% | 58.6% | 55.3% | 55.7% | 55.1% |
Selling, general and administrative | 866.0 | 853.1 | 813.9 | 775.1 | 753.7 | 909.9 | 911.0 | |
General and administrative | | | | | | | | 907.4 |
EBITA | 510.7 | 525.0 | 522.4 | 504.6 | 514.5 | 536.8 | 487.2 | 484.1 |
EBITA margin | 22.3% | 23.0% | 23.5% | 23.8% | 25.2% | 21.5% | 20.4% | 20.4% |
Amortization of intangibles | 66.5 | 68.5 | 61.0 | 53.3 | 71.4 | 68.7 | 67.0 | 83.5 |
EBIT | 444.2 | 456.5 | 461.4 | 451.3 | 443.1 | 468.1 | 420.2 | 400.6 |
EBIT margin | 19.4% | 20.0% | 20.8% | 21.3% | 21.7% | 18.8% | 17.6% | 16.9% |
Pre-tax income | 259.8 | 298.7 | 207.3 | 197.7 | 178.7 | 281.6 | 181.3 | 204.7 |
Income taxes | 66.4 | 107.8 | 72.7 | 74.7 | 73.5 | 77.0 | 60.5 | 56.9 |
Tax rate | 25.6% | 36.1% | 35.1% | 37.8% | 41.1% | 27.4% | 33.4% | 27.8% |
Earnings from continuing ops | 193.4 | 190.9 | 134.6 | 123.1 | 105.2 | 204.5 | 120.8 | 236.1 |
Earnings from discontinued ops | | 50.9 | 23.8 | 20.1 | 20.3 | | | |
Net income | 193.4 | 241.8 | 158.4 | 143.2 | 125.5 | 204.5 | 120.8 | 236.1 |
Net margin | 8.4% | 10.6% | 7.1% | 6.8% | 6.1% | 8.2% | 5.1% | 9.9% |
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Diluted EPS | $2.29 | $2.24 | $1.57 | $1.53 | $1.66 | $2.33 | $1.37 | $2,695.18 |
Shares outstanding (diluted) | 84.6 | 85.4 | 85.5 | 80.3 | 63.5 | 87.9 | 88.0 | 0.1 |
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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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