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

1,827

2,335.7

3,449.2

4,174.7

3,395.7

3,340.8

Total Revenues % Chg.

16.7%

27.8%

47.7%

21%

-18.7%

-13.2%

Cost of Goods Sold, Total

885.9

1,129.3

1,610.3

1,978.2

1,828.6

1,828.4

Gross Profit

941.1

1,206.4

1,838.9

2,196.5

1,567.1

1,512.4

Selling General & Admin Expenses, Total

478.2

565.3

746.1

829.8

851

883.3

R&D Expenses

95.6

108.4

139.9

177.9

170.8

176.3

Other Operating Expenses

5.2

22

20

13.4

4.3

-13.4

Other Operating Expenses, Total

579

695.7

906

1,021.1

1,026.1

1,046.2

Operating Income

362.1

510.7

932.9

1,175.4

541

466.2

Interest Expense, Total

-14.7

-21.7

-26.6

-34.5

-142.6

-197.2

Interest And Investment Income

0.3

0.4

0.4

1

4.6

1.3

Net Interest Expenses

-14.3

-21.3

-26.2

-33.5

-138

-195.9

Income (Loss) On Equity Invest.

-6.5

-6.5

Currency Exchange Gains (Loss)

0.6

2.4

10.6

-51

-16.4

-16.4

Other Non Operating Income (Expenses)

-16.9

-41

4.1

2.3

-20.8

-20.8

EBT, Excl. Unusual Items

331.5

450.9

921.4

1,093.2

359.3

226.6

Merger & Related Restructuring Charges

-12

-12

Gain (Loss) On Sale Of Investments

-20

-20

Other Unusual Items

-28.5

-26.1

-253

88.5

58.7

-5.7

EBT, Incl. Unusual Items

303

424.7

668.4

1,181.7

386

188.9

Income Tax Expense

84.4

125.2

241.4

268.6

95.9

60.1

Earnings From Continuing Operations

218.6

299.6

427

913.1

290.1

128.8

Earnings Of Discontinued Operations

Minority Interest

-61.9

-89.5

-108.1

-235

-84.9

-50.8

Net Income

156.7

210.1

318.9

678.1

205.2

78

Preferred Dividend and Other Adjustments

Net Income to Common Incl Extra Items

156.7

210.1

318.9

678.1

205.2

78

Net Income to Common Excl. Extra Items

156.7

210.1

318.9

678.1

205.2

78

Total Shares Outstanding

68.4

68.4

68.4

68.4

68.4

69

Weighted Avg. Shares Outstanding

68.4

68.4

68.4

68.4

68.4

69

Weighted Avg. Shares Outstanding Dil

68.4

68.4

68.4

68.4

68.4

69

EPS

2.3

3.1

4.7

9.9

3

1.1

EPS Diluted

2.3

3.1

4.7

9.9

3

1.1

EBITDA

473.6

646.8

1,113.2

1,397

811.2

779.8

Effective Tax Rate

27.9%

29.5%

36.1%

22.7%

24.8%

31.8%