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

Total Revenues

14,357

13,066

15,618

17,489

20,051

19,985

Total Revenues % Chg.

-0.5%

-9%

19.5%

12%

14.6%

3.7%

Cost of Goods Sold, Total

11,708

11,116

13,180

14,843

16,594

16,292

Gross Profit

2,649

1,950

2,438

2,646

3,457

3,693

Selling General & Admin Expenses, Total

1,103

996

1,081

1,127

1,384

1,437

Amortization of Goodwill and Intangible Assets

138

144

148

149

233

221

Other Operating Expenses, Total

1,241

1,140

1,229

1,276

1,617

1,658

Operating Income

1,408

810

1,209

1,370

1,840

2,035

Interest Expense, Total

-164

-164

-150

-219

-285

-275

Interest And Investment Income

13

8

9

86

111

101

Net Interest Expenses

-151

-156

-141

-133

-174

-174

Income (Loss) On Equity Invest.

15

-83

-200

-279

-299

-247

Currency Exchange Gains (Loss)

Other Non Operating Income (Expenses)

20

6

1

-12

9

645

EBT, Excl. Unusual Items

1,292

577

869

946

1,376

2,259

Restructuring Charges

-148

-136

-24

-85

-211

-267

Merger & Related Restructuring Charges

-5

-15

-87

-84

-103

Gain (Loss) On Sale Of Investments

19

1,444

9

-52

-24

2

Asset Writedown

-11

-10

-2

-8

-18

-32

Insurance Settlements

Legal Settlements

Other Unusual Items

-6

-4

-127

-3

-1

-1

EBT, Incl. Unusual Items

1,141

1,871

710

711

1,038

1,858

Income Tax Expense

132

49

101

121

-1,928

-1,865

Earnings From Continuing Operations

1,009

1,822

609

590

2,966

3,723

Earnings Of Discontinued Operations

Minority Interest

-19

-18

-19

4

-28

-33

Net Income

990

1,804

590

594

2,938

3,690

Preferred Dividend and Other Adjustments

35

63

63

29

Net Income to Common Incl Extra Items

990

1,769

527

531

2,909

3,690

Net Income to Common Excl. Extra Items

990

1,769

527

531

2,909

3,690

Total Shares Outstanding

255.3

270

270.5

270.9

279

266.7

Weighted Avg. Shares Outstanding

256.8

263.4

270.5

270.9

276.9

277.3

Weighted Avg. Shares Outstanding Dil

257.4

270.7

271.2

271.2

282.9

283.3

EPS

3.9

6.7

1.9

2

10.5

13.3

EPS Diluted

3.9

6.7

1.9

2

10.4

13.1

EBITDA

2,114

1,564

1,980

2,124

2,744

2,977

Effective Tax Rate

11.6%

2.6%

14.2%

17%

-185.7%

-100.4%