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

8,526.5

8,904.4

9,863.1

12,289.3

11,910.7

11,351.8

Total Revenues % Chg.

0.9%

4.4%

10.8%

24.6%

-3.1%

-10.4%

Cost of Goods Sold, Total

4,403.3

4,468.1

5,112

6,879.4

7,063.9

6,122.6

Gross Profit

4,123.2

4,436.3

4,751.1

5,409.9

4,846.8

5,229.3

Selling General & Admin Expenses, Total

-31.3

-44.4

-84.4

-219.8

-132.9

-122.6

Depreciation & Amortization

885.3

981.4

1,103

1,194.2

1,305.8

1,055.3

Amortization of Goodwill and Intangible Assets

195.4

177.7

232

448.9

-490.1

Other Operating Expenses

1,212.4

1,288.5

1,422.8

1,568.6

1,631.7

1,636.4

Other Operating Expenses, Total

2,261.8

2,403.2

2,673.3

2,992

2,314.5

2,569.1

Operating Income

1,861.4

2,033.1

2,077.7

2,418

2,532.2

2,660.2

Interest Expense, Total

-533.2

-538.5

-582.3

-678.3

-855.4

-975.6

Interest And Investment Income

12.8

4.8

25.6

50.5

94.2

116.8

Net Interest Expenses

-520.4

-533.7

-556.7

-627.8

-761.2

-858.8

Income (Loss) On Equity Invest.

42.2

14.2

14.2

22.9

15.5

37.7

Other Non Operating Income (Expenses)

25.3

42.3

37.3

51

110.4

94.9

EBT, Excl. Unusual Items

1,408.5

1,556

1,572.5

1,864.1

1,896.9

1,934

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Investments

21.2

1.1

-0.2

1.9

-2,171.9

-1,767.5

Gain (Loss) On Sale Of Assets

1.8

Legal Settlements

-239.6

EBT, Incl. Unusual Items

1,190.1

1,558.9

1,572.3

1,866

-275

166.5

Income Tax Expense

273.5

346.2

344.2

453.6

159.7

250.6

Earnings From Continuing Operations

916.6

1,212.7

1,228

1,412.4

-434.7

-84.1

Minority Interest

-7.5

-7.5

-7.5

-7.5

-7.5

-7.5

Net Income

909.1

1,205.2

1,220.5

1,404.9

-442.2

-91.6

Net Income to Common Incl Extra Items

909.1

1,205.2

1,220.5

1,404.9

-442.2

-91.6

Net Income to Common Excl. Extra Items

909.1

1,205.2

1,220.5

1,404.9

-442.2

-91.6

Total Shares Outstanding

329.9

343

344.4

348.4

349.5

354.6

Weighted Avg. Shares Outstanding

321.4

338.8

344

346.8

349.6

350.9

Weighted Avg. Shares Outstanding Dil

322.9

339.8

344.6

347.2

349.6

350.9

EPS

2.8

3.6

3.5

4.1

-1.3

-0.3

EPS Diluted

2.8

3.5

3.5

4

-1.3

-0.3

EBITDA

2,746.7

3,014.5

3,180.7

3,612.2

3,838.1

4,027.6

Effective Tax Rate

23%

22.2%

21.9%

24.3%

-58.1%

150.5%