Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 126.7 | 136.0 | 152.1 | 154.3 | 3,136.1 | 3,577.7 | 3,243.1 | 2,954.3 |
Revenue growth | -6.8% | -10.6% | -1.4% | -95.1% | -12.3% | 10.3% | 9.8% | 1.5% |
Cost of goods sold | 463.6 | 447.3 | 411.2 | 440.2 | 427.0 | 431.4 | 452.6 | 1,769.2 |
Gross profit | -336.9 | -311.3 | -259.0 | -285.9 | 2,709.1 | 3,146.3 | 2,790.6 | 1,185.1 |
Gross margin | -265.9% | -228.8% | -170.3% | -185.3% | 86.4% | 87.9% | 86.0% | 40.1% |
Selling, general and administrative | 303.1 | 311.9 | 370.1 | 369.8 | 360.2 | 362.2 | 336.7 | 254.9 |
EBIT | 547.3 | 535.3 | 518.7 | 507.2 | 494.8 | 374.5 | 355.6 | 338.3 |
EBIT margin | 431.9% | 393.5% | 340.9% | 328.7% | 15.8% | 10.5% | 11.0% | 11.5% |
Pre-tax income | 439.8 | 417.7 | 392.9 | 368.7 | 344.2 | 326.1 | 306.8 | 296.8 |
Income taxes | 168.4 | 163.8 | 146.9 | 140.7 | 129.2 | 119.3 | 110.7 | 108.3 |
Tax rate | 38.3% | 39.2% | 37.4% | 38.2% | 37.5% | 36.6% | 36.1% | 36.5% |
Earnings from continuing ops | 269.4 | 243.0 | 253.2 | 237.5 | 215.0 | 206.8 | 196.1 | 188.5 |
Earnings from discontinued ops | | 110.0 | 0.0 | | 8.5 | | | |
Net income | 269.4 | 352.9 | 253.2 | 237.5 | 223.5 | 206.8 | 196.1 | 188.5 |
Net margin | 212.6% | 259.5% | 166.5% | 153.9% | 7.1% | 5.8% | 6.0% | 6.4% |
|
Diluted EPS | $2.59 | $2.31 | $2.37 | $2.22 | $2.01 | $1.93 | $1.83 | $1.76 |
Shares outstanding (diluted) | 104.0 | 105.2 | 107.0 | 107.0 | 107.1 | 107.1 | 107.1 | 107.3 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|