Financial Summary (All financials)
In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 9,365.5 | 0.0 |
Revenue growth | | | | -100.0% | | |
Cost of goods sold | 6,986.9 | 7,030.1 | 7,239.4 | 7,049.1 | 6,987.4 | 7,075.9 |
Gross profit | -6,986.9 | -7,030.1 | -7,239.4 | -7,049.1 | 2,378.1 | -7,075.9 |
Gross margin | | | | | 25.4% | |
Sales and marketing | 112.3 | 124.3 | 113.5 | 123.8 | 116.9 | 120.4 |
General and administrative | | | 432.4 | 440.4 | 626.4 | 284.3 |
EBIT | 0.0 | 0.0 | 0.0 | 0.0 | 1,577.3 | 0.0 |
EBIT margin | | | | | 16.8% | |
Pre-tax income | 1,496.8 | 1,822.1 | 629.2 | 1,228.6 | 1,311.9 | 1,396.6 |
Income taxes | 100.6 | 304.2 | 10.1 | 333.5 | 411.9 | 520.7 |
Tax rate | 6.7% | 16.7% | 1.6% | 27.1% | 31.4% | 37.3% |
Net income | 1,396.2 | 1,517.9 | 619.1 | 895.1 | 900.0 | 875.9 |
Net margin | | | | | 9.6% | |
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Diluted EPS | $0.72 | $0.76 | $0.31 | $0.45 | $0.45 | $0.44 |
Shares outstanding (diluted) | 1,939.1 | 1,997.3 | 1,997.0 | 1,989.2 | 1,999.9 | 1,990.6 |
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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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