| 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 |
| | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Rental Income | | | | | | | 289.9 | 281.2 |
| Tenant Recoveries and Other Income | | | | | | | | 84.6 |
| Other | | | | | | | 88.2 | |
| Total revenues [+] | 539.9 | 476.3 | 448.0 | 426.0 | 404.0 | 396.4 | 378.0 | 365.8 |
| Tenant reimbursements | | | | | | | | 84.6 |
| Lease / rental | | | | | 398.8 | 391.9 | 289.9 | 281.2 |
| Other income | | 3.1 | 10.5 | 3.7 | 5.1 | 4.5 | | |
| Revenue growth [+] | 13.4% | 6.3% | 5.2% | 5.5% | 1.9% | 4.9% | 3.3% | 5.5% |
| Rental Income | | | | | | | 3.1% | 8.3% |
| Tenant Recoveries and Other Income | | | | | | | | -2.8% |
| Cost of goods sold [+] | 292.0 | 131.3 | 119.2 | 116.6 | 124.4 | 121.2 | 112.3 | 114.6 |
| Real estate or leased property costs | | | | | 116.9 | 113.5 | | |
| Gross profit | 247.9 | 345.0 | 328.8 | 309.4 | 279.6 | 275.2 | 265.7 | 251.2 |
| Gross margin | 45.9% | 72.4% | 73.4% | 72.6% | 69.2% | 69.4% | 70.3% | 68.7% |
| Selling, general and administrative [+] | 34.0 | 34.6 | 32.8 | 28.6 | 27.7 | 28.1 | 26.7 | 25.4 |
| General and administrative | 34.0 | 34.6 | 32.8 | 28.6 | 27.7 | 28.1 | 26.7 | 25.4 |
| Equity in earnings | 114.9 | -0.2 | 4.2 | 16.2 | -0.3 | | | 0.1 |
| Other operating expenses | | -355.9 | -144.5 | -267.8 | -143.5 | -132.9 | -65.0 | -34.1 |
| EBITDA [+] | | 674.2 | 452.8 | 570.8 | 400.2 | 386.9 | 310.6 | 267.5 |
| EBITDA growth | -51.2% | 48.9% | -20.7% | 42.6% | 3.4% | 24.6% | 16.1% | 10.5% |
| EBITDA margin | 60.9% | 141.6% | 101.1% | 134.0% | 99.1% | 97.6% | 82.2% | 73.1% |
| Depreciation and amortization | | 139.1 | 137.8 | 127.1 | 121.6 | 123.3 | 123.9 | 121.3 |
| EBIT [+] | 328.9 | 535.1 | 315.1 | 443.7 | 278.5 | 263.6 | 186.7 | 146.2 |
| EBIT growth | -38.5% | 69.8% | -29.0% | 59.3% | 5.7% | 41.2% | 27.7% | 23.5% |
| EBIT margin | 60.9% | 112.4% | 70.3% | 104.2% | 69.0% | 66.5% | 49.4% | 40.0% |
| Non-recurring items [+] | | 150.3 | 80.3 | 124.9 | 84.0 | -1.3 | 0.5 | 2.0 |
| Asset impairment | | | | | 2.8 | | | 0.6 |
| Loss (gain) on disposal of assets | | 150.3 | 86.8 | 124.9 | 81.6 | | | |
| Interest expense | | | | | | 57.2 | 59.4 | 67.4 |
| Interest expense | | | | | | 57.2 | 59.4 | 67.4 |
| Other income (expense), net [+] | 76.1 | -102.6 | -36.4 | -87.7 | -27.1 | 1.8 | | |
| Amortization of financing costs and debt discount | | -3.4 | -3.4 | -3.2 | -3.4 | -3.2 | -3.2 | -3.2 |
| Gain (loss) on sale of assets | | | | | | 131.3 | 68.2 | 48.9 |
| Gain (loss) on debt retirement | | | | | 0.0 | -1.8 | | |
| Gain (loss) on derivative instruments | | | 0.2 | | | 1.9 | | -11.5 |
| Pre-tax income | 405.0 | 282.2 | 198.4 | 231.1 | 167.5 | 209.5 | 126.8 | 76.8 |
| Income taxes | 23.4 | 4.9 | 2.4 | 3.4 | -0.1 | 1.2 | 1.1 | 0.1 |
| Tax rate | 5.8% | 1.7% | 1.2% | 1.5% | | 0.6% | 0.9% | 0.2% |
| Minority interest | -22.5 | 6.2 | 4.2 | 5.1 | 4.1 | 6.8 | 4.5 | 2.9 |
| Net income | 381.6 | 271.0 | 196.0 | 238.8 | 163.2 | 201.5 | 121.2 | 73.8 |
| Net margin | 70.7% | 56.9% | 43.7% | 56.1% | 40.4% | 50.8% | 32.1% | 20.2% |
| |
| Basic EPS [+] | | $2.09 | $1.53 | $1.89 | $1.32 | $1.70 | $1.05 | $0.67 |
| Growth | | 36.2% | -18.8% | 43.3% | -22.6% | 61.6% | 57.6% | 290.9% |
| Diluted EPS [+] | | $2.09 | $1.53 | $1.88 | $1.31 | $1.70 | $1.05 | $0.67 |
| Growth | | 36.3% | -18.7% | 43.4% | -22.5% | 61.4% | 57.7% | 290.8% |
| |
| Dividends per share [+] | | $1.08 | $1.00 | $0.92 | $0.87 | $0.84 | $0.76 | $0.51 |
| Growth | -100.0% | 8.0% | 8.7% | 5.7% | 3.6% | 10.5% | 49.0% | 24.4% |
| |
| Shares outstanding (basic) [+] | | 129.7 | 127.7 | 126.4 | 123.8 | 118.3 | 115.0 | 110.4 |
| Growth | | 1.5% | 1.0% | 2.1% | 4.7% | 2.8% | 4.2% | 0.4% |
| Shares outstanding (diluted) [+] | | 129.8 | 127.9 | 126.7 | 124.2 | 118.8 | 115.4 | 110.8 |
| Growth | | 1.5% | 1.0% | 2.0% | 4.5% | 3.0% | 4.1% | 0.4% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |