| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||||
4,811,600 | 4,479,500 | 3,750,800 | 3,425,200 | 3,543,200 | 3,204,000 | 2,943,000 | 2,851,200 | 2,492,400 | 2,527,700 | 2,258,100 | 2,864,600 |
Cost of goods sold | |||||||||||
3,439,900 | 3,304,800 | 2,702,500 | 2,338,800 | 2,536,500 | 2,384,500 | 2,197,400 | 2,084,200 | 1,908,300 | 1,999,000 | 1,767,800 | 2,323,000 |
Selling and administrative expenses | |||||||||||
667,100 | 625,400 | 532,900 | 495,400 | 461,900 | 379,000 | 353,700 | 356,600 | 298,800 | 310,500 | 274,300 | 298,000 |
Research and development expenses | |||||||||||
60,900 | 55,100 | 51,300 | 45,400 | 42,800 | 33,800 | 29,300 | 26,100 | 21,700 | 23,200 | 16,400 | 16,200 |
Impairment charges | |||||||||||
- | - | - | 141,500 | 0 | - | - | - | - | - | - | 55,500 |
Other operating income, net | |||||||||||
10,500 | 14,800 | -100 | 100 | 1,300 | 1,600 | 4,200 | -12,400 | 2,400 | -1,100 | 14,700 | 18,800 |
Gain related to fire settlement (Note 7) | |||||||||||
- | - | - | - | - | - | - | - | - | - | 27,000 | - |
Operating income | |||||||||||
654,200 | 509,000 | 464,000 | 404,200 | 503,300 | 408,300 | 366,800 | 371,900 | 266,000 | 196,100 | 211,900 | 153,100 |
Interest expense, net | |||||||||||
-66,100 | -64,700 | -34,000 | -30,600 | -34,000 | -32,200 | -33,800 | -25,500 | -21,000 | -8,300 | -9,000 | 27,700 |
Interest income | |||||||||||
7,900 | 11,200 | 500 | - | - | - | - | - | - | - | - | - |
Other non-operating income, net | |||||||||||
-700 | -9,600 | -1,500 | 5,600 | -1,400 | - | - | - | - | - | - | - |
Income from continuing operations before income taxes | |||||||||||
595,300 | 445,900 | 429,000 | 379,200 | 467,900 | 376,100 | 333,000 | 346,400 | 245,000 | 187,800 | 202,900 | 125,400 |
Provision for income taxes | |||||||||||
121,600 | 87,300 | 88,400 | 148,100 | 148,300 | 124,400 | 97,800 | 117,700 | 73,000 | 57,200 | 47,600 | 33,600 |
Income from continuing operations | |||||||||||
473,700 | 358,600 | 340,600 | 231,100 | 319,600 | 251,700 | 235,200 | 228,700 | 172,000 | 130,600 | 155,300 | 91,800 |
Discontinued operations: | |||||||||||
Income before income taxes | |||||||||||
-1,800 | 300,100 | 39,600 | 30,200 | 100 | -2,100 | -60,500 | 55,200 | 6,500 | 16,300 | -17,400 | -36,200 |
Benefit from income taxes | |||||||||||
-900 | 47,600 | 14,700 | 11,200 | 0 | -1,700 | -35,000 | 13,700 | -1,800 | 1,300 | -6,700 | -200 |
Income from discontinued operations | |||||||||||
-900 | 252,500 | 24,900 | 19,000 | 100 | -400 | -25,500 | 41,500 | 8,300 | 15,000 | -10,700 | - |
Net income | |||||||||||
472,800 | 611,100 | 365,500 | 250,100 | 319,700 | 251,300 | 209,700 | 270,200 | 180,300 | 145,600 | 144,600 | 55,800 |
Basic earnings per share attributable to common shares: | |||||||||||
Income from continuing operations (in dollars per share) | |||||||||||
8.30 | 5.92 | 5.36 | 3.57 | 4.89 | 3.89 | 3.69 | 3.64 | 2.77 | 2.12 | 2.53 | 1.50 |
Income from discontinued operations (in dollars per share) | |||||||||||
-0.02 | 4.17 | 0.39 | 0.29 | 0.00 | - | - | - | - | - | - | -36,000,000.00 |
Loss from discontinued operations | |||||||||||
- | - | - | - | - | - | -0.40 | 0.66 | 0.14 | 0.24 | -0.17 | -0.59 |
Basic earnings per share (in dollars per share) | |||||||||||
8.28 | 10.09 | 5.75 | 3.86 | 4.89 | 3.89 | 3.29 | 4.30 | 2.91 | 2.36 | 2.36 | 0.91 |
Diluted earnings per share attributable to common shares: | |||||||||||
Income from continuing operations (in dollars per share) | |||||||||||
8.21 | 5.88 | 5.32 | 3.53 | 4.82 | 3.83 | 3.61 | 3.57 | 2.73 | 2.10 | 2.51 | 1.50 |
Income from discontinued operations (in dollars per share) | |||||||||||
-0.02 | 4.14 | 0.39 | 0.29 | 0.00 | -0.01 | -0.39 | 0.65 | 0.13 | 0.24 | -0.17 | -0.59 |
Diluted earnings per share (in dollars per share) | |||||||||||
8.19 | 10.02 | 5.71 | 3.82 | 4.82 | 3.82 | 3.22 | 4.22 | 2.86 | 2.34 | 2.34 | 0.91 |
Average shares outstanding: | |||||||||||
Basic (in shares) | |||||||||||
56,913 | 60,393 | 63,073 | 64,226 | 64,844 | - | - | - | - | - | - | - |
Diluted (in shares) | |||||||||||
57,547 | 60,786 | 63,551 | 64,883 | 65,804 | - | - | - | - | - | - | - |
Dividends declared and paid per share (in dollars per share) | |||||||||||
- | - | - | - | 1.10 | - | - | - | - | - | - | - |
Comprehensive income: | |||||||||||
Net income | |||||||||||
472,800 | 611,100 | 365,500 | 250,100 | 319,700 | 251,300 | 209,700 | 270,200 | 180,300 | 145,600 | 144,600 | 55,800 |
Other comprehensive (loss) income: | |||||||||||
Foreign currency (losses) gains | |||||||||||
-2,100 | -30,300 | 46,600 | -36,700 | -29,600 | -26,100 | -1,600 | 3,200 | -12,200 | -5,900 | 7,800 | -13,900 |
Amortization of unrecognized net periodic benefit costs, net of tax | |||||||||||
2,000 | 400 | 5,200 | -1,000 | -4,600 | 3,800 | -5,900 | -6,600 | -5,700 | -2,900 | 2,600 | -37,900 |
Other, net of tax | |||||||||||
2,100 | 800 | -4,900 | 600 | -300 | -400 | -300 | -300 | -400 | -400 | -400 | 2,300 |
Other comprehensive (loss) income | |||||||||||
-2,000 | -29,900 | 36,500 | -35,100 | -25,300 | -30,300 | 4,000 | 9,500 | -6,900 | -3,400 | 4,800 | -49,500 |
Comprehensive income | |||||||||||
470,800 | 581,200 | 402,000 | 215,000 | 294,400 | 221,000 | 213,700 | 279,700 | 173,400 | 142,200 | 149,400 | 6,300 |