Financial Summary (All financials)
| 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 |
| Revenues | 6,673.3 | 8,599.6 | 10,630.8 | 12,974.9 | 11,094.5 | 5,485.2 | 4,550.5 | 3,642.3 |
| Revenue growth | -22.4% | -19.1% | -18.1% | 16.9% | 102.3% | 20.5% | 24.9% | -20.1% |
| Cost of goods sold | 6,666.2 | 7,722.2 | 9,277.3 | 11,508.5 | 9,895.5 | 4,786.5 | 3,980.3 | 3,150.3 |
| Gross profit | 7.1 | 877.4 | 1,353.5 | 1,466.4 | 1,199.0 | 698.7 | 570.2 | 492.1 |
| Gross margin | 0.1% | 10.2% | 12.7% | 11.3% | 10.8% | 12.7% | 12.5% | 13.5% |
| Selling, general and administrative | 275.4 | 298.0 | 336.3 | 405.2 | 379.5 | 227.9 | 205.6 | 185.2 |
| EBITA | -92.3 | 453.4 | -23.8 | 1,088.8 | 841.4 | 489.3 | 381.5 | 307.5 |
| EBITA margin | -1.4% | 5.3% | -0.2% | 8.4% | 7.6% | 8.9% | 8.4% | 8.4% |
| Amortization of intangibles | 25.8 | 25.8 | 37.7 | 66.5 | 61.1 | 22.6 | 26.3 | 23.7 |
| EBIT | -118.2 | 427.5 | -61.5 | 1,022.3 | 780.2 | 466.6 | 355.2 | 283.8 |
| EBIT margin | -1.8% | 5.0% | -0.6% | 7.9% | 7.0% | 8.5% | 7.8% | 7.8% |
| Pre-tax income | -521.2 | 358.2 | -578.0 | 907.5 | 603.9 | 444.1 | 352.0 | 291.5 |
| Income taxes | 798.9 | -20.9 | -102.2 | 271.4 | 91.3 | 127.0 | 96.8 | 80.0 |
| Tax rate | | | 17.7% | 29.9% | 15.1% | 28.6% | 27.5% | 27.4% |
| Earnings from continuing ops | -1,353.7 | 684.8 | -1,026.2 | 543.6 | 454.1 | 301.7 | 255.0 | 204.6 |
| Earnings from discontinued ops | -104.5 | -618.9 | 45.9 | | | | | |
| Net income | -1,458.2 | 65.9 | -980.3 | 543.6 | 454.1 | 301.7 | 255.0 | 204.6 |
| Net margin | -21.9% | 0.8% | -9.2% | 4.2% | 4.1% | 5.5% | 5.6% | 5.6% |
| |
| Diluted EPS | ($13.40) | $6.61 | ($9.61) | $4.98 | $4.23 | $3.07 | $2.55 | $2.04 |
| Shares outstanding (diluted) | 101.0 | 103.7 | 106.8 | 109.1 | 107.5 | 98.2 | 100.2 | 100.5 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|