Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 1,557.3 | 171.0 | 1,780.7 | 1,616.2 | 1,507.6 | 1,290.4 | 1,178.3 | 1,091.9 |
Revenue growth | 810.9% | -90.4% | 10.2% | 7.2% | 16.8% | 9.5% | 7.9% | |
Cost of goods sold | 713.7 | 690.8 | 723.2 | 659.9 | 613.4 | 549.9 | 494.5 | 474.6 |
Gross profit | 843.6 | -519.9 | 1,057.5 | 956.3 | 894.2 | 740.6 | 683.9 | 617.2 |
Gross margin | 54.2% | -304.1% | 59.4% | 59.2% | 59.3% | 57.4% | 58.0% | 56.5% |
Selling, general and administrative | 1,359.5 | 133.0 | 3,100.9 | 459.4 | 246.4 | 404.6 | 387.3 | 424.0 |
EBITA | -515.9 | -744.2 | -508.3 | 496.9 | 647.7 | 1,527.1 | 1,007.7 | 774.9 |
EBITA margin | -33.1% | -435.3% | -28.5% | 30.7% | 43.0% | 118.3% | 85.5% | 71.0% |
Amortization of intangibles | | 23.4 | | | | | | |
EBIT | -515.9 | -767.6 | -508.3 | 496.9 | 647.7 | 1,527.1 | 1,007.7 | 774.9 |
EBIT margin | -33.1% | -449.0% | -28.5% | 30.7% | 43.0% | 118.3% | 85.5% | 71.0% |
Pre-tax income | -899.5 | -1,394.3 | -2,502.1 | 713.5 | 960.4 | 864.8 | 786.0 | 654.8 |
Income taxes | -385.1 | -637.2 | -459.5 | 213.6 | 307.4 | 278.1 | 257.0 | 183.5 |
Tax rate | 42.8% | 45.7% | 18.4% | 29.9% | 32.0% | 32.2% | 32.7% | 28.0% |
Earnings from continuing ops | | -858.8 | -2,056.2 | 1,150.9 | 807.8 | 586.7 | 529.0 | 471.3 |
Earnings from discontinued ops | | | -2,043.5 | 1,150.9 | 807.8 | 119.5 | 76.8 | 51.2 |
Net income | 0.0 | -858.8 | -2,056.2 | 1,150.9 | 807.8 | 706.2 | 605.9 | 522.4 |
Net margin | 0.0% | -502.3% | -115.5% | 71.2% | 53.6% | 54.7% | 51.4% | 47.8% |
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Diluted EPS | | ($2.46) | ($7.92) | $4.34 | $3.17 | $2.48 | $2.32 | $2.06 |
Shares outstanding (diluted) | | 349.1 | 259.6 | 265.2 | 254.8 | 236.2 | 227.8 | 229.1 |
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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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