Financial Summary (All financials)
In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 10,310.8 | 9,510.8 | 8,364.2 | 6,963.5 | 7,635.6 | 8,952.6 | 0.0 | |
Revenue growth | 8.4% | 13.7% | 20.1% | -8.8% | -14.7% | 60079881584639800000.0% | | |
Cost of goods sold | 3,617.5 | 3,379.4 | 3,010.5 | 2,604.4 | 2,958.4 | 3,663.2 | 0.0 | |
Gross profit | 6,693.3 | 6,131.4 | 5,353.7 | 4,359.1 | 4,677.2 | 5,289.4 | 0.0 | |
Gross margin | 64.9% | 64.5% | 64.0% | 62.6% | 61.3% | 59.1% | 100.0% | |
Selling, general and administrative | 1,936.1 | 1,780.4 | 1,583.0 | 1,325.6 | 1,521.4 | 1,940.9 | 66.4 | |
EBIT | 2,066.1 | 1,894.0 | 1,519.2 | 1,042.2 | 983.4 | 900.6 | -66.6 | |
EBIT margin | 20.0% | 19.9% | 18.2% | 15.0% | 12.9% | 10.1% | -446945034239999000.0% | |
Pre-tax income | -483.3 | -575.8 | -1,150.6 | -904.9 | -466.7 | 35.2 | 726.2 | |
Income taxes | 89.0 | 231.7 | -196.9 | -805.1 | 0.0 | 232.1 | 20.0 | |
Tax rate | | | 17.1% | 89.0% | 0.0% | 659.4% | 2.8% | |
Earnings from continuing ops | -1,080.1 | -1,513.3 | -1,731.6 | 226.6 | -1,340.1 | -154.6 | 706.2 | |
Earnings from discontinued ops | 959.6 | 136.5 | 1,517.7 | 113.9 | 161.8 | 13.5 | | |
Net income | -120.5 | -1,376.8 | -213.9 | 340.5 | -1,178.3 | -141.1 | 706.2 | |
Net margin | -1.2% | -14.5% | -2.6% | 4.9% | -15.4% | -1.6% | 4739227975679990000.0% | |
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Diluted EPS | ($4.04) | ($5.74) | ($6.85) | $0.84 | ($4.25) | ($0.41) | | |
Shares outstanding (diluted) | 267.3 | 263.7 | 252.7 | 268.8 | 315.2 | 380.2 | | |
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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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