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

3,648

3,416

3,669

4,205

4,027

3,962

Total Revenues % Chg.

3.2%

-6.4%

7.4%

14.6%

-4.2%

-5.3%

Cost of Goods Sold, Total

2,192

1,953

2,113

2,496

2,293

2,210

Gross Profit

1,456

1,463

1,556

1,709

1,734

1,752

Selling General & Admin Expenses, Total

32

24

9

27

26

26

Depreciation & Amortization

567

615

657

671

676

719

Other Operating Expenses

111

108

104

110

115

117

Other Operating Expenses, Total

710

747

770

808

817

862

Operating Income

746

716

786

901

917

890

Interest Expense, Total

-283

-285

-292

-325

-394

-419

Interest And Investment Income

Net Interest Expenses

-283

-285

-292

-325

-394

-419

Income (Loss) On Equity Invest.

53

61

62

51

61

61

Other Non Operating Income (Expenses)

110

65

29

81

123

56

EBT, Excl. Unusual Items

626

557

585

708

707

588

Restructuring Charges

Asset Writedown

EBT, Incl. Unusual Items

626

557

585

708

707

588

Income Tax Expense

69

-57

-74

22

4

-37

Earnings From Continuing Operations

557

614

659

686

703

625

Earnings Of Discontinued Operations

Net Income

557

614

659

686

703

625

Net Income to Common Incl Extra Items

557

614

659

686

703

625

Net Income to Common Excl. Extra Items

557

614

659

686

703

625

Total Shares Outstanding

245

249.9

250.5

251.1

256.1

256.5

Weighted Avg. Shares Outstanding

238.5

248.4

250.2

250.9

253

255.5

Weighted Avg. Shares Outstanding Dil

239

248.7

250.7

251.2

253.3

255.8

EPS

2.3

2.5

2.6

2.7

2.8

2.4

EPS Diluted

2.3

2.5

2.6

2.7

2.8

2.4

EBITDA

1,313

1,331

1,443

1,572

1,593

1,609

Effective Tax Rate

11%

-10.2%

-12.6%

3.1%

0.6%

-6.3%