International Game Technology PLC (IGT) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	20-F	20-F	20-F	20-F	20-F	20-F	20-F	20-F
Revenues:
Global Lottery	2,593.0	2,812.0	2,164.0	2,293.0	2,361.7
Global Gaming	1,423.0	1,112.0	837.0	1,648.0	1,619.2
Italy	1,062.0	1,307.0	896.0	990.0	973.6	1,728.5	1,778.8	1,712.6
International						889.1		853.1
Other						2,321.4	3,492.1	2,123.4
Total revenues [+]	4,225.0	4,089.0	3,115.0	4,032.0	3,980.9	4,939.0	5,270.9	4,689.1
Products								711.4
Services								3,977.7
Revenue growth [+]	3.3%	31.3%	-22.7%	1.3%	-19.4%	-6.3%	12.4%	23.0%
Global Lottery	-7.8%	29.9%	-5.6%	-2.9%
Global Gaming	28.0%	32.9%	-49.2%	1.8%
Italy	-18.7%	45.9%	-9.5%	1.7%	-43.7%	-2.8%	3.9%	-19.2%
International								35.3%
Cost of goods sold [+]	193.0	216.0	210.0	206.0	217.3	209.8	117.0	2,937.7
Cost of product sales								520.3
Cost of services								2,417.3
Gross profit	4,032.0	3,873.0	2,905.0	3,826.0	3,763.5	4,729.2	5,153.9	1,751.4
Gross margin	95.4%	94.7%	93.3%	94.9%	94.5%	95.8%	97.8%	37.4%
Selling, general and administrative	814.0	810.0	707.0	850.0	845.5	816.1	945.8	795.3
Research and development	255.0	238.0	191.0	266.0	263.3	313.1	343.5	277.4
Equity in earnings
Other operating expenses	2,035.0	1,917.0	1,773.0	2,108.0	2,048.4	2,937.1	3,138.4	49.4
EBITDA [+]	1,420.0	1,434.0	800.0	1,216.0	1,213.9	1,465.3	1,608.6	1,517.0
EBITDA growth	-1.0%	79.3%	-34.2%	0.2%	-17.2%	-8.9%	6.0%	13.2%
EBITDA margin	33.6%	35.1%	25.7%	30.2%	30.5%	29.7%	30.5%	32.4%
Depreciation	310.0	336.0	363.0	394.0	383.5	400.9	390.4	477.2
EBITA	1,110.0	1,098.0	437.0	822.0	830.4	1,064.4	1,218.2	1,039.7
EBITA margin	26.3%	26.9%	14.0%	20.4%	20.9%	21.6%	23.1%	22.2%
Amortization of intangibles	182.0	190.0	203.0	220.0	224.0	401.5	492.1	410.4
EBIT [+]	928.0	908.0	234.0	602.0	606.4	662.9	726.1	629.3
EBIT growth	2.2%	288.0%	-61.1%	-0.7%	-8.5%	-8.7%	15.4%	-15.1%
EBIT margin	22.0%	22.2%	7.5%	14.9%	15.2%	13.4%	13.8%	13.4%
Non-recurring items [+]	6.0	6.0	341.0	124.0	132.8	714.0	65.7	89.4
Asset impairment			296.0	99.0	118.0	714.0	37.7	12.5
Interest expense, net [+]	276.0	328.0	383.0	399.0	403.2	438.0	456.4	440.3
Interest expense	289.0	341.0	398.0	411.0	417.4	448.5	469.3	458.0
Interest income	13.0	13.0	15.0	12.0	14.2	10.4	12.8	17.7
Other income (expense), net [+]	-57.0	-45.0	-358.0	49.0	63.4	-487.8	119.4	-116.7
Gain (loss) on foreign currency transactions	36.0	-66.0	309.0	-40.0	129.1	-444.0	101.0	5.6
Other	-7.0	-98.0	-33.0	21.0	-51.4	-33.4	18.4	-122.3
Pre-tax income	589.0	529.0	-848.0	128.0	133.9	-976.9	323.4	-17.0
Income taxes	175.0	274.0	28.0	131.0	144.2	-29.4	59.2	38.9
Tax rate	29.7%	51.8%		102.3%	107.7%	3.0%	18.3%
Earnings from continuing ops	414.0	255.0	-1,751.0	-2.0	-10.3	-947.5	264.2	-55.9
Earnings from discontinued ops		415.0	37.0	114.0	124.9
Net income	414.0	670.0	-1,714.0	112.0	114.6	-947.5	264.2	-55.9
Net margin	9.8%	16.4%	-55.0%	2.8%	2.9%	-19.2%	5.0%	-1.2%

Basic EPS [+]	$2.05	$1.24	($8.55)	($9.79)	($50.45)	($4.66)	$1.31	($0.29)
Growth	64.9%	-114.5%	-12.6%	-80.6%	981.6%	-455.8%	-551.0%	-150.6%
Diluted EPS [+]	$2.04	$1.23	($8.55)	($9.79)	($50.45)	($4.66)	$1.31	($0.29)
Growth	65.1%	-114.4%	-12.6%	-80.6%	981.6%	-457.0%	-549.5%	-150.8%

Dividends per share [+]	$1.17	$0.62	$0.36	$1,286.86	$1,216.94	$1.06	$0.98	$1.25
Growth	88.7%	73.8%	-100.0%	5.7%	114939.7%	8.4%	-21.8%	-13.9%

Shares outstanding (basic) [+]	201.8	205.0	204.7	0.2	0.2	203.1	201.5	192.4
Growth	-1.5%	0.1%	100072.2%	0.1%	-99.9%	0.8%	4.7%	10.7%
Shares outstanding (diluted) [+]	203.4	206.8	204.7	0.2	0.2	203.1	202.2	192.4
Growth	-1.6%	1.0%	100072.2%	0.1%	-99.9%	0.5%	5.1%	10.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.