Financial Summary (All financials)
In millions, except per share items | Feb-24-18 | Feb-25-17 | Feb-27-16 | Feb-28-15 | Feb-22-14 | Feb-23-13 | Feb-25-12 | Feb-26-11 |
Revenues | 14,157.0 | 10,912.0 | 11,283.0 | 13,277.0 | 17,252.0 | 17,136.0 | 17,383.0 | 17,357.0 |
Revenue growth | 29.7% | -3.3% | -15.0% | -23.0% | 0.7% | -1.4% | 0.1% | -57.2% |
Cost of goods sold | 12,706.0 | 9,517.0 | 9,812.0 | 11,379.0 | 14,712.0 | 14,803.0 | 14,926.0 | 14,957.0 |
Gross profit | 1,451.0 | 1,395.0 | 1,471.0 | 1,898.0 | 2,540.0 | 2,333.0 | 2,457.0 | 2,400.0 |
Gross margin | 10.2% | 12.8% | 13.0% | 14.3% | 14.7% | 13.6% | 14.1% | 13.8% |
Selling, general and administrative | 1,258.0 | 1,187.0 | 1,224.0 | 1,648.0 | 2,117.0 | 2,477.0 | 2,269.0 | 2,320.0 |
EBITA | 222.0 | 222.0 | 260.0 | 262.0 | 433.0 | -133.0 | 196.0 | 80.0 |
EBITA margin | 1.6% | 2.0% | 2.3% | 2.0% | 2.5% | -0.8% | 1.1% | 0.5% |
Amortization of intangibles | 13.0 | 9.0 | 8.0 | 8.0 | 8.0 | 8.0 | 8.0 | |
EBIT | 209.0 | 213.0 | 252.0 | 254.0 | 425.0 | -141.0 | 188.0 | 80.0 |
EBIT margin | 1.5% | 2.0% | 2.2% | 1.9% | 2.5% | -0.8% | 1.1% | 0.5% |
Pre-tax income | 77.0 | 20.0 | 53.0 | 12.0 | 18.0 | -416.0 | -151.0 | -260.0 |
Income taxes | 28.0 | -15.0 | 4.0 | -13.0 | 5.0 | -163.0 | -41.0 | -60.0 |
Tax rate | 36.4% | | 7.5% | | 27.8% | 39.2% | 27.2% | 23.1% |
Earnings from continuing ops | 94.0 | 650.0 | 178.0 | 192.0 | 182.0 | -1,466.0 | -110.0 | -200.0 |
Earnings from discontinued ops | | | | | | | -930.0 | -1,310.0 |
Net income | 94.0 | 650.0 | 178.0 | 192.0 | 182.0 | -1,466.0 | -1,040.0 | -1,510.0 |
Net margin | 0.7% | 6.0% | 1.6% | 1.4% | 1.1% | -8.6% | -6.0% | -8.7% |
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Diluted EPS | $2.47 | $17.11 | $4.68 | $0.73 | $0.71 | ($6.92) | ($0.52) | ($0.94) |
Shares outstanding (diluted) | 38.0 | 38.0 | 38.0 | 264.0 | 258.0 | 212.0 | 212.0 | 212.0 |
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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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