Financial Summary (All financials)
| In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
| Revenues | 2,222.3 | 2,171.8 | 1,876.6 | 1,684.7 | 1,426.8 | 1,096.0 | 1,119.2 |
| Revenue growth | 2.3% | 15.7% | 11.4% | 18.1% | 30.2% | -2.1% | |
| Cost of goods sold | 1,585.4 | 1,549.5 | 1,359.6 | 1,242.3 | 1,066.1 | 808.9 | 834.3 |
| Gross profit | 636.9 | 622.3 | 517.0 | 442.4 | 360.8 | 287.1 | 284.8 |
| Gross margin | 28.7% | 28.7% | 27.6% | 26.3% | 25.3% | 26.2% | 25.5% |
| General and administrative | 499.7 | 468.5 | 386.6 | 340.1 | 293.8 | 234.6 | 235.7 |
| EBIT | 115.4 | 133.6 | 114.5 | 87.0 | 52.1 | 35.8 | 3.8 |
| EBIT margin | 5.2% | 6.2% | 6.1% | 5.2% | 3.7% | 3.3% | 0.3% |
| Pre-tax income | -269.5 | 140.5 | 120.5 | 90.8 | 53.6 | 36.4 | -0.2 |
| Income taxes | -33.6 | 53.5 | 45.3 | 31.2 | 18.2 | 14.5 | 13.8 |
| Tax rate | 12.5% | 38.0% | 37.6% | 34.4% | 33.9% | 39.9% | |
| Earnings from continuing ops | -236.0 | 87.1 | 75.2 | 59.6 | 35.4 | 21.8 | -567.7 |
| Earnings from discontinued ops | | | | | | -21.9 | 1.4 |
| Net income | -236.0 | 87.1 | 75.2 | 59.6 | 35.4 | -0.1 | -566.3 |
| Net margin | -10.6% | 4.0% | 4.0% | 3.5% | 2.5% | 0.0% | -50.6% |
| |
| Diluted EPS | ($2.64) | $0.86 | $0.72 | $0.56 | $0.33 | $208.91 | ($5.63) |
| Shares outstanding (diluted) | 89.4 | 101.1 | 104.1 | 105.8 | 106.8 | 0.1 | 100.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|