Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 7,224.0 | 7,877.4 | 8,726.1 |
Revenue growth | -8.3% | -9.7% | |
Cost of goods sold | 5,384.4 | 6,477.3 | 6,925.2 |
Gross profit | 1,839.6 | 1,400.2 | 1,800.9 |
Gross margin | 25.5% | 17.8% | 20.6% |
Selling, general and administrative | 687.9 | 770.3 | 816.5 |
EBIT | 1,156.3 | 366.5 | 304.4 |
EBIT margin | 16.0% | 4.7% | 3.5% |
Pre-tax income | 1,118.5 | 267.1 | 234.9 |
Income taxes | -411.5 | -207.3 | -339.1 |
Net income | 0.0 | 0.0 | 0.0 |
Net margin | 0.0% | 0.0% | 0.0% |
|
Diluted EPS | $0.00 | $0.00 | $0.00 |
Shares outstanding (diluted) | 1,963,076.8 | 1,963,076.8 | 1,963,076.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|