Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
Revenues | 2,428.0 | 2,516.0 | 2,303.0 | 7,964.7 | 7,117.1 | 6,706.1 | 9,109.8 | 9,298.4 |
Revenue growth | -3.5% | 9.2% | -71.1% | 11.9% | 6.1% | -26.4% | -2.0% | 113.2% |
Cost of goods sold | 939.0 | 851.0 | 898.0 | 5,145.9 | 4,948.9 | 4,570.1 | 7,100.1 | 5,963.3 |
Gross profit | 1,489.0 | 1,665.0 | 1,405.0 | 2,818.8 | 2,168.2 | 2,136.0 | 2,009.7 | 3,335.1 |
Gross margin | 61.3% | 66.2% | 61.0% | 35.4% | 30.5% | 31.9% | 22.1% | 35.9% |
Selling, general and administrative | 368.0 | 1,184.0 | 441.0 | | | 1,242.8 | | |
General and administrative | | | | 934.4 | 918.4 | | 705.0 | 576.5 |
EBIT | 1,047.0 | 1,238.0 | 1,027.0 | 1,102.3 | 440.4 | 893.2 | 996.8 | -463.2 |
EBIT margin | 43.1% | 49.2% | 44.6% | 13.8% | 6.2% | 13.3% | 10.9% | -5.0% |
Pre-tax income | 700.0 | 115.0 | 742.0 | 749.6 | 179.1 | 558.2 | 682.7 | -130.0 |
Income taxes | -8.0 | -1.0 | 3.0 | 9.6 | 18.7 | 8.1 | 5.5 | 7.9 |
Tax rate | | | 0.4% | 1.3% | 10.4% | 1.5% | 0.8% | |
Earnings from continuing ops | 1,785.0 | 258.0 | 1,699.0 | 476.7 | -122.7 | 369.2 | 520.5 | -260.1 |
Earnings from discontinued ops | -57.0 | -157.0 | -285.0 | | | | | |
Net income | 1,728.0 | 101.0 | 1,414.0 | 476.7 | -122.7 | 369.2 | 520.5 | -260.1 |
Net margin | 71.2% | 4.0% | 61.4% | 6.0% | -1.7% | 5.5% | 5.7% | -2.8% |
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Diluted EPS | $4,462,500.00 | $741,379.31 | $5,011,799.41 | $1.45 | ($0.39) | $1.27 | $1.98 | ($1.09) |
Shares outstanding (diluted) | 0.0 | 0.0 | 0.0 | 328.2 | 316.2 | 290.6 | 262.3 | 239.1 |
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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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