Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 1,155.3 | 1,055.8 | 990.8 | 38.2 |
Revenue growth | 9.4% | 6.6% | 2493.7% | |
Cost of goods sold | 863.2 | 652.1 | 628.4 | 0.0 |
Gross profit | 292.1 | 403.7 | 362.4 | 38.2 |
Gross margin | 25.3% | 38.2% | 36.6% | 100.0% |
Selling, general and administrative | 1,128.7 | 867.3 | 903.0 | 0.0 |
EBIT | 317.6 | 528.1 | 491.6 | 0.0 |
EBIT margin | 27.5% | 50.0% | 49.6% | 0.0% |
Pre-tax income | 231.5 | 460.5 | 438.4 | 0.0 |
Income taxes | 77.8 | 153.0 | 169.7 | 0.0 |
Tax rate | 33.6% | 33.2% | 38.7% | |
Net income | 116.8 | 574.7 | 536.8 | 0.0 |
Net margin | 10.1% | 54.4% | 54.2% | 0.0% |
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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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