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

5,147.8

4,913.4

5,586.7

5,859.1

5,508.2

5,635.7

Total Revenues % Chg.

20.4%

-4.6%

13.7%

4.9%

-6%

-3.5%

Cost of Goods Sold, Total

2,734.8

2,525.2

2,954.9

3,225

2,742.7

2,820.5

Gross Profit

2,413

2,388.2

2,631.8

2,634.1

2,765.5

2,815.2

Selling General & Admin Expenses, Total

55.6

58.6

55.6

62.9

51.2

29.6

Depreciation & Amortization

861.7

880.1

896.4

929.4

1,076.5

1,099.9

Other Operating Expenses

365.5

364.2

380.5

398.1

406.6

430.5

Other Operating Expenses, Total

1,282.8

1,302.9

1,332.5

1,390.4

1,534.3

1,560

Operating Income

1,130.2

1,085.3

1,299.3

1,243.7

1,231.2

1,255.2

Interest Expense, Total

-374

-383.9

-372.6

-404

-525.8

-545.8

Interest And Investment Income

11

10.8

59.9

9.4

29.7

21.8

Net Interest Expenses

-363

-373.1

-312.7

-394.6

-496.1

-524

Income (Loss) On Equity Invest.

9.8

8.3

8.2

7.3

7.4

7.5

Other Non Operating Income (Expenses)

5.6

11.7

14.5

-4.5

16.7

20

EBT, Excl. Unusual Items

782.6

732.2

1,009.3

851.9

759.2

758.7

Restructuring Charges

-2.3

Merger & Related Restructuring Charges

Asset Writedown

-34.9

Other Unusual Items

-2.2

EBT, Incl. Unusual Items

782.6

732.2

1,009.3

812.5

759.2

758.7

Income Tax Expense

97

102.2

117.4

47.5

15.6

7.1

Earnings From Continuing Operations

685.6

630

891.9

765

743.6

751.6

Minority Interest

-15.7

-11.7

-12.2

-12.3

-12.3

-12.3

Net Income

669.9

618.3

879.7

752.7

731.3

739.3

Preferred Dividend and Other Adjustments

Net Income to Common Incl Extra Items

669.9

618.3

879.7

752.7

731.3

739.3

Net Income to Common Excl. Extra Items

669.9

618.3

879.7

752.7

731.3

739.3

Total Shares Outstanding

226.6

226.8

229.3

229.5

229.7

230

Weighted Avg. Shares Outstanding

239.5

227.2

229

229.9

230

230.1

Weighted Avg. Shares Outstanding Dil

239.9

227.5

229.6

230.3

230.5

230.6

EPS

2.8

2.7

3.8

3.3

3.2

3.2

EPS Diluted

2.8

2.7

3.8

3.3

3.2

3.2

EBITDA

2,043.3

2,023.7

2,247.1

2,228.6

2,370.1

2,411.3

Effective Tax Rate

12.4%

14%

11.6%

5.8%

2.1%

0.9%