In millions, except per share items | Feb-28-22 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
RUSSIAN FEDERATION | 89.4 | | | | | | | |
INDIA | 6.1 | | | | | | | |
Other | 674.2 | | | | | | | |
Total revenues [+] | 769.8 | 917.9 | 890.4 | 851.8 | 812.1 | 819.2 | 818.6 | 708.6 |
Direct financing lease income | | | 35.1 | 25.7 | 17.2 | 7.7 | 10.9 | 16.2 |
Lease / rental | | | 722.7 | 721.3 | 725.2 | 733.4 | 714.7 | 644.9 |
Net interest income | 1.2 | 2.4 | 2.9 | 3.4 | 1.1 | 0.1 | 0.4 | 0.8 |
Other | | | | | 7.3 | 17.7 | 11.2 | 11.6 |
Revenue growth | | 3.1% | 4.5% | 4.9% | -0.9% | 0.1% | 15.5% | 3.2% |
Cost of goods sold | 31.2 | 24.8 | 9.0 | 9.1 | 7.8 | 11.5 | 7.2 | 13.6 |
Gross profit | 738.6 | 893.1 | 881.4 | 842.7 | 804.3 | 807.7 | 811.4 | 695.0 |
Gross margin | 96.0% | 97.3% | 99.0% | 98.9% | 99.0% | 98.6% | 99.1% | 98.1% |
Selling, general and administrative | 66.3 | 77.0 | 76.0 | 73.6 | 61.9 | 56.2 | 55.8 | 53.4 |
Equity in earnings | 3.0 | 4.1 | -8.1 | 7.6 | 7.3 | 6.3 | 3.1 | 0.1 |
Other operating expenses | 383.3 | 519.5 | 424.2 | 434.9 | 479.4 | 377.4 | 506.7 | 413.1 |
EBITDA [+] | 292.0 | 300.7 | 373.1 | 341.8 | 270.2 | 380.4 | 252.0 | 228.5 |
EBITDA growth | | -19.4% | 9.2% | 26.5% | -29.0% | 51.0% | 10.3% | 20.6% |
EBITDA margin | 37.9% | 32.8% | 41.9% | 40.1% | 33.3% | 46.4% | 30.8% | 32.2% |
Depreciation and amortization | 337.5 | 356.0 | 310.9 | 298.7 | 305.2 | 318.8 | 299.4 | 284.9 |
EBIT [+] | -45.5 | -55.3 | 62.3 | 43.1 | -35.0 | 61.6 | -47.4 | -56.4 |
EBIT growth | | -188.8% | 44.3% | -223.4% | -156.8% | -230.0% | -16.0% | -29.9% |
EBIT margin | -5.9% | -6.0% | 7.0% | 5.1% | -4.3% | 7.5% | -5.8% | -8.0% |
Non-recurring items [+] | 478.3 | 45.6 | 36.8 | 135.6 | 67.7 | 177.9 | 117.1 | 154.5 |
Asset impairment | 452.3 | 7.4 | | 80.4 | 28.6 | 119.8 | 94.0 | 117.3 |
Loss (gain) on sale of assets | 26.0 | 45.5 | 36.8 | 55.2 | 39.1 | 58.0 | 23.1 | 37.2 |
Interest expense, net [+] | -214.4 | -258.1 | -234.5 | -241.2 | -255.7 | -243.6 | -238.4 | -243.8 |
Interest expense | 216.5 | 260.4 | 237.8 | 244.9 | 256.9 | 243.7 | 238.8 | 244.5 |
Interest income | 214.4 | 258.1 | 234.5 | 241.2 | 255.7 | 243.6 | 238.4 | 243.8 |
Other income (expense), net [+] | 236.6 | 278.4 | 239.4 | 242.4 | 260.5 | 244.6 | 276.6 | 250.7 |
Gain (loss) on debt retirement | -14.2 | -7.6 | | | | | -36.6 | |
Other | 6.0 | 10.4 | 1.6 | -2.5 | | 0.9 | 1.2 | 6.1 |
Pre-tax income | -289.3 | 175.1 | 261.6 | 146.3 | 156.5 | 128.2 | 111.6 | 38.9 |
Income taxes | -8.0 | 22.7 | 5.6 | 6.0 | 12.3 | 12.8 | 13.9 | 9.2 |
Tax rate | 2.8% | 12.9% | 2.2% | 4.1% | 7.9% | 10.0% | 12.4% | 23.7% |
Net income | -294.4 | 156.6 | 247.9 | 147.9 | 151.5 | 121.7 | 100.8 | 29.8 |
Net margin | -38.2% | 17.1% | 27.8% | 17.4% | 18.6% | 14.9% | 12.3% | 4.2% |
|
Basic EPS [+] | | $2.09 | $3.20 | $1.89 | $1.94 | $1.51 | $1.25 | $0.40 |
Growth | | -34.7% | 69.3% | -2.4% | 28.1% | 20.6% | 210.2% | -13.0% |
Diluted EPS [+] | | $2.06 | $3.19 | $1.89 | $1.94 | $1.51 | $1.25 | $0.40 |
Growth | | -35.4% | 69.0% | -2.6% | 28.1% | 20.6% | 210.2% | -13.0% |
|
Dividends per share [+] | | $1.22 | $1.14 | $1.06 | $0.98 | $0.90 | $0.82 | $0.70 |
Growth | | 6.9% | 7.5% | 8.2% | 8.9% | 9.8% | 18.0% | 13.0% |
|
Shares outstanding (basic) [+] | | 74.9 | 77.4 | 78.2 | 78.2 | 80.5 | 80.4 | 73.7 |
Growth | | -3.3% | -1.0% | 0.1% | -2.9% | 0.1% | 9.1% | 4.2% |
Shares outstanding (diluted) [+] | | 76.0 | 77.7 | 78.4 | 78.2 | 80.5 | 80.4 | 73.7 |
Growth | | -2.2% | -0.8% | 0.2% | -2.8% | 0.1% | 9.1% | 4.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |