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 | 8,074.9 | 6,966.9 | 6,685.6 | 7,061.7 | 6,392.2 | 5,719.1 | 5,202.6 | 4,700.4 |
Revenue growth | 15.9% | 4.2% | -5.3% | 10.5% | 11.8% | 9.9% | 10.7% | 7.2% |
Cost of goods sold | 5,502.8 | 4,843.9 | 4,724.1 | 4,906.2 | 4,483.3 | 5,079.3 | 4,677.5 | 4,303.2 |
Gross profit | 2,572.1 | 2,123.0 | 1,961.5 | 2,155.5 | 1,908.9 | 639.8 | 525.1 | 397.2 |
Gross margin | 31.9% | 30.5% | 29.3% | 30.5% | 29.9% | 11.2% | 10.1% | 8.5% |
Selling, general and administrative | 1,236.3 | 1,124.7 | 1,032.3 | 1,054.6 | 1,027.6 | 0.0 | 0.0 | 0.0 |
EBITA | 1,394.0 | 1,044.7 | 960.0 | 1,129.3 | 881.3 | 639.8 | 525.1 | 397.2 |
EBITA margin | 17.3% | 15.0% | 14.4% | 16.0% | 13.8% | 11.2% | 10.1% | 8.5% |
Amortization of intangibles | 59.6 | 46.4 | 30.8 | 28.4 | | | | |
EBIT | 1,334.4 | 998.3 | 929.2 | 1,100.9 | 881.3 | 639.8 | 525.1 | 397.2 |
EBIT margin | 16.5% | 14.3% | 13.9% | 15.6% | 13.8% | 11.2% | 10.1% | 8.5% |
Pre-tax income | 1,164.5 | 804.9 | 784.1 | 984.6 | 737.4 | 456.8 | 354.9 | 196.7 |
Income taxes | 346.0 | 220.5 | 207.8 | 293.0 | 220.9 | -21.2 | 116.4 | 42.4 |
Tax rate | 29.7% | 27.4% | 26.5% | 29.8% | 30.0% | | 32.8% | 21.6% |
Earnings from continuing ops | 827.2 | 594.5 | 624.3 | 709.6 | 1,053.5 | 478.0 | 238.5 | 154.3 |
Earnings from discontinued ops | | | | 7.6 | -13.4 | | | |
Net income | 827.2 | 594.5 | 624.3 | 717.2 | 1,040.1 | 482.1 | 263.6 | 172.2 |
Net margin | 10.2% | 8.5% | 9.3% | 10.2% | 16.3% | 8.4% | 5.1% | 3.7% |
|
Diluted EPS | $6.55 | $4.70 | $4.99 | $5.65 | $3.80 | $3.78 | $1.93 | $1.28 |
Shares outstanding (diluted) | 126.2 | 126.4 | 125.2 | 125.5 | 277.4 | 126.5 | 123.8 | 120.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|