Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 3,222.4 | 3,311.1 | 3,222.1 | 3,460.3 | 3,164.3 | 3,092.7 | 3,113.2 | 3,187.3 |
Revenue growth | -2.7% | 2.8% | -6.9% | 9.4% | 2.3% | -0.7% | -2.3% | -0.9% |
Cost of goods sold | 959.9 | 887.7 | 899.3 | 952.3 | 886.9 | 934.0 | 1,008.8 | 1,018.1 |
Gross profit | 2,262.5 | 2,423.4 | 2,322.8 | 2,508.0 | 2,277.4 | 2,158.7 | 2,104.3 | 2,169.2 |
Gross margin | 70.2% | 73.2% | 72.1% | 72.5% | 72.0% | 69.8% | 67.6% | 68.1% |
Selling, general and administrative | | | | | | | | |
General and administrative | 328.6 | 333.9 | 336.6 | 360.7 | 328.6 | 320.5 | 311.0 | 303.3 |
EBIT | 507.8 | 519.0 | 554.1 | 739.1 | 765.5 | 678.4 | 583.4 | 765.7 |
EBIT margin | 15.8% | 15.7% | 17.2% | 21.4% | 24.2% | 21.9% | 18.7% | 24.0% |
Pre-tax income | 184.4 | 227.8 | 265.7 | 430.3 | 453.1 | 333.0 | 228.8 | 408.1 |
Income taxes | 1.7 | 17.1 | 30.1 | 255.1 | 140.2 | 91.8 | 57.0 | 122.4 |
Tax rate | 0.9% | 7.5% | 11.3% | 59.3% | 30.9% | 27.6% | 24.9% | 30.0% |
Net income | 182.7 | 210.7 | 235.6 | 175.2 | 312.9 | 241.2 | 171.8 | 285.7 |
Net margin | 5.7% | 6.4% | 7.3% | 5.1% | 9.9% | 7.8% | 5.5% | 9.0% |
|
Diluted EPS | | | | | | | | |
Shares outstanding (diluted) | | | | | | | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|