Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Mar-31-07 |
Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5,092.8 | 5,137.6 | 1,611.8 |
Revenue growth | | | | | -100.0% | -0.9% | | 28.2% |
Cost of goods sold | 45.0 | 49.0 | 66.0 | 8.0 | 7.0 | 3,018.3 | 3,067.4 | 768.2 |
Gross profit | -45.0 | -49.0 | -66.0 | -8.0 | -7.0 | 2,074.5 | 2,070.2 | 843.7 |
Gross margin | | | | | | 40.7% | 40.3% | 52.3% |
Selling, general and administrative | 67.0 | 71.0 | 105.0 | 45.0 | 63.0 | 1,050.1 | 1,053.5 | 215.5 |
Research and development | 18.0 | 52.0 | 12.0 | 4.0 | 10.0 | 275.3 | 317.2 | 103.7 |
EBITA | 188.0 | 40.0 | -3.0 | 49.0 | 127.0 | 1,190.4 | 680.9 | 524.4 |
EBITA margin | | | | | | 23.4% | 13.3% | 32.5% |
Amortization of intangibles | | | | | | 276.8 | | |
EBIT | 188.0 | 40.0 | -3.0 | 49.0 | 127.0 | 913.6 | 680.9 | 524.4 |
EBIT margin | | | | | | 17.9% | 13.3% | 32.5% |
Pre-tax income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 227.0 | -71.6 | 425.5 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -20.8 | 128.6 | 208.0 |
Tax rate | | | | | | | | 48.9% |
Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 93.5 | -335.1 | 217.3 |
Net margin | | | | | | 1.8% | -6.5% | 13.5% |
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Diluted EPS | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | ($1.10) | $0.99 |
Shares outstanding (diluted) | 398.0 | 395.0 | 420.0 | 439.0 | 438.0 | 306.9 | 304.4 | 219.1 |
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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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