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

5,140

5,084

11,656

12,440

11,479

11,311

Total Revenues % Chg.

29.2%

-1.1%

129.3%

6.7%

-7.7%

-4.7%

Cost of Goods Sold, Total

3,027

2,998

7,921

8,289

7,798

7,435

Gross Profit

2,113

2,086

3,735

4,151

3,681

3,876

Selling General & Admin Expenses, Total

867

937

1,715

1,754

1,753

1,847

R&D Expenses

346

357

629

603

636

653

Amortization of Goodwill and Intangible Assets

193

193

732

727

680

658

Other Operating Expenses

-8

-7

Other Operating Expenses, Total

1,398

1,480

3,076

3,084

3,069

3,158

Operating Income

715

606

659

1,067

612

718

Interest Expense, Total

-138

-132

-289

-336

-380

-341

Interest And Investment Income

8

15

5

5

Net Interest Expenses

-138

-132

-281

-321

-375

-336

Currency Exchange Gains (Loss)

3

-12

-77

-80

Other Non Operating Income (Expenses)

9

-12

4

17

1

EBT, Excl. Unusual Items

586

462

381

738

177

303

Restructuring Charges

-30

-17

-41

-12

-46

8

Merger & Related Restructuring Charges

Impairment of Goodwill

-2,250

-2,623

-2,687

Gain (Loss) On Sale Of Assets

1

-4

14

14

-20

93

Asset Writedown

-120

Legal Settlements

Other Unusual Items

5

-6

-1

EBT, Incl. Unusual Items

557

441

354

-1,625

-2,518

-2,284

Income Tax Expense

97

74

75

239

45

65

Earnings From Continuing Operations

460

367

279

-1,864

-2,563

-2,349

Minority Interest

-4

-4

-9

-7

-4

-6

Net Income

456

363

270

-1,871

-2,567

-2,355

Preferred Dividend and Other Adjustments

2

-2

2

-3

-2

-1

Net Income to Common Incl Extra Items

454

365

268

-1,868

-2,565

-2,354

Net Income to Common Excl. Extra Items

454

365

268

-1,868

-2,565

-2,354

Total Shares Outstanding

106.8

106.9

254.6

255

255.3

255.7

Weighted Avg. Shares Outstanding

112

112

243

255

255

255

Weighted Avg. Shares Outstanding Dil

113

114

243

255

255

255

EPS

4.1

3.3

1.1

-7.3

-10.1

-9.2

EPS Diluted

4

3.2

1.1

-7.3

-10.1

-9.2

EBITDA

1,036

931

1,815

2,246

1,754

1,821

Effective Tax Rate

17.4%

16.8%

21.2%

-14.7%

-1.8%

-2.8%