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

8,109.2

7,877.5

9,252.3

10,491.8

11,238.6

11,727.9

Total Revenues % Chg.

14.4%

-2.9%

17.5%

13.4%

7.1%

10.8%

Cost of Goods Sold, Total

3,765.2

3,562.7

4,461

5,312

5,213.8

5,302.5

Gross Profit

4,344

4,314.8

4,791.3

5,179.8

6,024.8

6,425.4

Selling General & Admin Expenses, Total

1,578.2

1,558.6

1,670.1

1,754.3

2,059

2,201.8

Depreciation & Amortization

332.5

367.1

366.6

384.5

485.3

539.4

Other Operating Expenses

1,346.2

1,262.6

1,357.8

1,549.8

1,732.3

1,855.9

Other Operating Expenses, Total

3,256.9

3,188.3

3,394.5

3,688.6

4,276.6

4,597.1

Operating Income

1,087.1

1,126.5

1,396.8

1,491.2

1,748.2

1,828.3

Interest Expense, Total

-58.5

-55.4

-55.2

-57.7

-161.5

-193.1

Interest And Investment Income

3.5

5.5

11.5

19

30.9

25.8

Net Interest Expenses

-55

-49.9

-43.7

-38.7

-130.6

-167.3

Income (Loss) On Equity Invest.

0.6

0.5

0.4

0.4

1.1

0.9

Currency Exchange Gains (Loss)

-31

-25.2

Other Non Operating Income (Expenses)

-3.1

6.5

-10.8

-41.5

-79

-25.9

EBT, Excl. Unusual Items

998.6

1,058.4

1,342.7

1,411.4

1,539.7

1,636

Merger & Related Restructuring Charges

-32

-1

-7.1

-79.7

-193

-115.4

Gain (Loss) On Sale Of Assets

166.5

Asset Writedown

-10.3

-6.2

Other Unusual Items

3

EBT, Incl. Unusual Items

966.6

1,060.4

1,335.6

1,498.2

1,336.4

1,514.4

Income Tax Expense

208.1

235.3

287.1

335.7

273.8

286.6

Earnings From Continuing Operations

758.5

825.1

1,048.5

1,162.5

1,062.6

1,227.8

Minority Interest

-6.6

-0.6

-0.6

-0.6

-1

Net Income

751.9

824.5

1,047.9

1,162.5

1,062

1,226.8

Net Income to Common Incl Extra Items

751.9

824.5

1,047.9

1,162.5

1,062

1,226.8

Net Income to Common Excl. Extra Items

751.9

824.5

1,047.9

1,162.5

1,062

1,226.8

Total Shares Outstanding

141.7

141.8

143

153.7

160.4

160.4

Weighted Avg. Shares Outstanding

141.7

141.7

151.7

153.5

155.8

159

Weighted Avg. Shares Outstanding Dil

158.7

160

160.3

160.5

160.5

161.4

EPS

5.3

5.8

6.9

7.6

6.8

7.7

EPS Diluted

4.8

5.2

6.6

7.3

6.7

7.6

EBITDA

1,333.2

1,397

1,668.2

1,778.4

2,113.3

2,247.5

Effective Tax Rate

21.5%

22.2%

21.5%

22.4%

20.5%

18.9%