Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

679.1

884.1

1,253.5

1,418.8

1,426.9

1,497.9

Interest And Invest. Income

35.4

-4.9

46.7

50.9

Other Revenues, Total

0.2

9.7

4.9

1.2

0.4

Total Revenues

679.1

884.3

1,298.7

1,418.8

1,474.7

1,549.1

Total Revenues % Chg.

10.4%

30.2%

46.9%

9.3%

3.9%

11.5%

Gross Profit

679.1

884.3

1,298.7

1,418.8

1,474.7

1,549.1

Selling General & Admin Expenses, Total

154.1

199.8

276.7

302.3

320.8

323.4

Depreciation & Amortization

43.7

57.8

132.7

153.3

159

163.6

Other Operating Expenses

125.5

164.5

250.9

304.4

289.3

287.7

Other Operating Expenses, Total

323.4

422

660.3

760

769

774.7

Operating Income

355.7

462.3

638.3

658.8

705.7

774.4

Interest Expense, Total

-12.2

-17.6

-41

-37.3

-35.7

-35.9

Interest And Investment Income

6.9

6

6.5

7.3

30.5

43.4

Net Interest Expenses

-5.3

-11.6

-34.5

-30

-5.2

7.5

Income (Loss) On Equity Invest.

9.1

10.6

33.2

18.7

30

18.5

Currency Exchange Gains (Loss)

0.5

-1.8

1.2

0.1

0.5

0.7

Other Non Operating Income (Expenses)

-11.5

0.1

-0.4

0.2

EBT, Excl. Unusual Items

348.6

459.6

637.8

647.9

731

801.1

Restructuring Charges

-5.7

-4.3

-3.7

0.5

-4.1

-5.4

Merger & Related Restructuring Charges

-11.7

-8.8

-55.4

-33.5

-85.8

-48.9

Gain (Loss) On Sale Of Investments

0.2

0.1

-0.7

-2.3

57.7

60.3

Gain (Loss) On Sale Of Assets

2.7

2.3

-0.2

0

Asset Writedown

-1.5

Legal Settlements

-0.8

0.7

-0.5

0.5

0.3

Other Unusual Items

-5.8

-1.5

-0.7

0

EBT, Incl. Unusual Items

325.6

442.7

580.7

614.2

699.1

807.5

Income Tax Expense

100.3

122.2

158.6

163.6

162.7

198.8

Earnings From Continuing Operations

225.3

320.5

422.1

450.6

536.4

608.7

Minority Interest

-3.3

-5.1

-8.7

-12.8

-22.8

-30.1

Net Income

222

315.5

413.3

437.8

513.6

578.6

Net Income to Common Incl Extra Items

222

315.5

413.3

437.8

513.6

578.6

Net Income to Common Excl. Extra Items

222

315.5

413.3

437.8

513.6

578.6

Total Shares Outstanding

69.8

69.7

106.6

106.7

103.7

103.7

Weighted Avg. Shares Outstanding

69.7

69.7

96.1

106.7

106.1

104.5

Weighted Avg. Shares Outstanding Dil

69.9

69.9

96.3

106.9

106.4

104.9

EPS

3.2

4.5

4.3

4.1

4.8

5.5

EPS Diluted

3.2

4.5

4.3

4.1

4.8

5.5

EBITDA

373.8

484.7

706.1

739.7

789.2

862.3

Effective Tax Rate

30.8%

27.6%

27.3%

26.6%

23.3%

24.6%