Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 0.0 | 0.0 | 15,248.9 | 10,086.1 | 9,503.1 | 9,071.0 | 7,965.1 | 6,807.4 |
Revenue growth | | -100.0% | 51.2% | 6.1% | 4.8% | 13.9% | 17.0% | -36.5% |
Cost of goods sold | 0.0 | 0.0 | 13,570.6 | 9,214.1 | 8,537.5 | 7,996.0 | 7,600.5 | 6,430.3 |
Gross profit | 0.0 | 0.0 | 1,678.3 | 872.0 | 965.7 | 1,075.1 | 364.6 | 377.1 |
Gross margin | | | 11.0% | 8.6% | 10.2% | 11.9% | 4.6% | 5.5% |
Selling, general and administrative | 216.8 | 205.3 | 226.0 | 137.0 | 114.6 | 105.8 | 84.2 | 109.7 |
EBITA | 299.2 | 736.3 | 1,120.7 | 569.7 | 717.0 | 835.1 | 122.5 | 117.9 |
EBITA margin | | | 7.3% | 5.6% | 7.5% | 9.2% | 1.5% | 1.7% |
Amortization of intangibles | | | 2.8 | 2.8 | 3.0 | 4.2 | 4.0 | 4.6 |
EBIT | 299.2 | 736.3 | 1,117.9 | 566.9 | 714.0 | 830.9 | 118.5 | 113.3 |
EBIT margin | | | 7.3% | 5.6% | 7.5% | 9.2% | 1.5% | 1.7% |
Pre-tax income | 179.8 | 630.7 | 1,002.7 | 453.5 | 617.1 | 202.5 | -43.1 | -391.2 |
Income taxes | 54.9 | 224.0 | 292.6 | 153.9 | 218.2 | 69.9 | -26.1 | -40.6 |
Tax rate | 30.5% | 35.5% | 29.2% | 33.9% | 35.4% | 34.5% | 60.5% | 10.4% |
Net income | 124.9 | 406.8 | 559.9 | 276.0 | 398.9 | 132.7 | -17.0 | -350.6 |
Net margin | | | 3.7% | 2.7% | 4.2% | 1.5% | -0.2% | -5.2% |
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Diluted EPS | | | $5.53 | $2.63 | $3.57 | $1.21 | ($0.19) | ($4.43) |
Shares outstanding (diluted) | | | 101.2 | 104.9 | 111.8 | 109.8 | 88.2 | 79.2 |
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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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