Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 0.0 | 100.0 | 100.0 | 8,505.9 | 10,753.5 | 12,287.3 | 9,746.6 | 5,754.1 |
Revenue growth | | 0.0% | -98.8% | -20.9% | -12.5% | 26.1% | 69.4% | -42.2% |
Cost of goods sold | 0.0 | 59.8 | 62.7 | 5,698.9 | 7,262.8 | 7,791.7 | 6,015.9 | 3,942.5 |
Gross profit | 0.0 | 40.2 | 37.3 | 2,807.0 | 3,490.7 | 4,495.6 | 3,730.8 | 1,811.7 |
Gross margin | | 40.2% | 37.3% | 33.0% | 32.5% | 36.6% | 38.3% | 31.5% |
Selling, general and administrative | 0.0 | 30.7 | 36.9 | | | | | |
Sales and marketing | 0.0 | | | 1,720.4 | 1,710.6 | 1,705.7 | 1,435.2 | 1,062.8 |
General and administrative | 0.0 | | | 510.1 | 506.8 | 583.2 | 483.0 | 389.5 |
EBIT | 0.0 | 9.5 | 0.4 | -443.1 | 8.4 | 1,887.4 | 1,541.4 | 267.8 |
EBIT margin | | 9.5% | 0.4% | -5.2% | 0.1% | 15.4% | 15.8% | 4.7% |
Pre-tax income | 0.0 | 0.0 | 0.0 | -1,625.8 | -1,036.1 | 1,197.7 | 969.2 | 95.2 |
Income taxes | 0.0 | 3.3 | -3.6 | 79.1 | 242.6 | 366.2 | 276.6 | 18.9 |
Tax rate | | | | | | 30.6% | 28.5% | 19.8% |
Earnings from continuing ops | | | | -1,710.0 | -1,357.4 | 677.6 | 649.0 | -60.8 |
Earnings from discontinued ops | | | | -1,218.1 | -386.2 | -28.0 | -0.6 | |
Net income | 0.0 | 0.0 | 0.0 | -2,928.1 | -1,743.6 | 649.6 | 648.4 | -60.8 |
Net margin | | 0.0% | 0.0% | -34.4% | -16.2% | 5.3% | 6.7% | -1.1% |
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Diluted EPS | | | | ($4.11) | ($3.26) | $1.63 | $1.56 | ($0.15) |
Shares outstanding (diluted) | | | | 416.3 | 416.3 | 416.3 | 416.3 | 416.3 |
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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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