Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
Revenues | 4,514.2 | 4,318.8 | 4,375.3 | 4,187.8 | 4,129.4 | | |
Revenue growth | 4.5% | -1.3% | 4.5% | 1.4% | | | |
Cost of goods sold | 3,252.4 | 3,121.7 | 3,131.9 | 2,991.5 | 2,962.0 | | |
Gross profit | 1,261.8 | 1,197.1 | 1,243.4 | 1,196.3 | 1,167.4 | | |
Gross margin | 28.0% | 27.7% | 28.4% | 28.6% | 28.3% | | |
Selling, general and administrative | 946.2 | 876.9 | 925.5 | 942.3 | 915.4 | | |
EBITA | 401.0 | 406.8 | 406.8 | 345.7 | 341.9 | | |
EBITA margin | 8.9% | 9.4% | 9.3% | 8.3% | 8.3% | | |
Amortization of intangibles | 85.4 | 83.4 | 88.9 | 91.7 | 89.9 | | |
EBIT | 315.6 | 323.4 | 317.9 | 254.0 | 252.0 | | |
EBIT margin | 7.0% | 7.5% | 7.3% | 6.1% | 6.1% | | |
Pre-tax income | 234.3 | 230.1 | 237.4 | 22.5 | 11.9 | | |
Income taxes | 86.1 | 75.8 | 84.8 | 8.4 | 8.1 | | |
Tax rate | 36.7% | 32.9% | 35.7% | 37.3% | 68.1% | | |
Net income | 148.2 | 154.3 | 123.2 | -33.8 | -41.7 | | |
Net margin | 3.3% | 3.6% | 2.8% | -0.8% | -1.0% | | |
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Diluted EPS | $1.12 | $1.17 | $2.49 | ($338.00) | ($417.00) | | |
Shares outstanding (diluted) | 131.8 | 131.8 | 49.5 | 0.1 | 0.1 | | |
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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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