| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||
7,328 | 7,755 | 7,795 | 7,710 | 8,121 | 9,503 | 9,016 | 9,274 | 9,715 | 10,820 | 11,113 | 12,361 |
Cost of sales | |||||||||||
5,888 | 6,100 | 5,976 | 5,722 | 6,147 | 7,829 | 7,161 | 7,179 | 7,618 | 8,063 | 8,008 | 9,438 |
Gross Profit | |||||||||||
1,439 | 1,655 | 1,818 | 1,988 | 1,974 | 1,673 | 1,854 | 2,095 | 2,097 | 2,756 | 3,105 | 2,922 |
Operating costs and expenses: | |||||||||||
Selling Expense | |||||||||||
1,327 | 1,403 | 1,346 | 1,347 | 1,379 | 1,355 | 1,337 | 1,419 | 1,456 | 1,816 | 1,818 | 1,802 |
General and Administrative Expense | |||||||||||
301 | 277 | 307 | 342 | 350 | 288 | 310 | 412 | 473 | 601 | 623 | 482 |
Amortization of Intangible Assets | |||||||||||
20 | 20 | 20 | 20 | 21 | 2 | 3 | 3 | 4 | 8 | 9 | 9 |
Restructuring Charges | |||||||||||
17 | 74 | 24 | 8 | 19 | 4 | 27 | 55 | 45 | 30 | 30 | 22 |
Litigation settlements | |||||||||||
- | - | - | - | - | 2 | 1 | 0 | -131 | -30 | - | - |
Impairment of goodwill and long-lived assets | |||||||||||
177 | 204 | 30 | 0 | 109 | 20 | 43 | - | - | - | - | - |
Impairment of long-lived assets | |||||||||||
- | - | - | - | - | - | - | 0 | 2,075 | - | - | - |
Goodwill impairment | |||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | - |
Other operating income | |||||||||||
0 | 2 | 0 | 0 | - | 4 | -2 | 57 | 13 | - | - | - |
Equity in (earnings) loss of unconsolidated affiliate | |||||||||||
4 | 7 | 0 | 0 | - | - | - | - | - | - | - | - |
Operating Expenses | |||||||||||
1,839 | 1,970 | 1,730 | 1,719 | 1,881 | 1,664 | 1,723 | 1,834 | 4,173 | 2,487 | 2,482 | 2,317 |
Operating Income (Loss) | |||||||||||
-399 | -315 | 87 | 268 | 93 | 8 | 130 | 260 | -2,076 | 269 | 622 | 605 |
Other (income) expense: | |||||||||||
Interest expense | |||||||||||
68 | 56 | 64 | 66 | 66 | 61 | 200 | 150 | 177 | 191 | 246 | 308 |
Loss on early retirement of long-term debt | |||||||||||
- | - | - | - | -43 | -1 | -63 | 0 | - | - | - | - |
Gain on disposition of WhiteWave common stock | |||||||||||
- | - | - | - | - | - | 415 | 0 | - | - | - | - |
Other Nonoperating Income (Expense) | |||||||||||
3 | -2 | -1 | 1 | 3 | 1 | 0 | 1 | 2 | 0 | 4 | -1 |
Reorganization items | |||||||||||
44 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Total other expense | |||||||||||
-110 | -59 | -66 | -65 | -106 | -60 | 152 | -148 | -175 | -191 | -242 | -309 |
Income (loss) before income taxes | |||||||||||
-509 | -374 | 21 | 202 | -13 | -52 | 283 | 111 | -2,251 | 77 | 380 | 296 |
Income Tax Expense (Benefit) | |||||||||||
-9 | -42 | -26 | 82 | -5 | -32 | -42 | 87 | -523 | 46 | 151 | 114 |
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||||
-500 | -332 | 47 | 120 | -8 | -20 | 325 | 23 | -1,728 | 31 | 228 | - |
Income from discontinued operations, net of tax | |||||||||||
0 | 0 | 11 | -0 | -1 | -0 | 2 | 139 | 132 | 43 | - | - |
Income from continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 181 |
Gain (loss) on sale of discontinued operations, net of tax | |||||||||||
-0 | 4 | 2 | -0 | 0 | 0 | 491 | -2 | 3 | 7 | 0 | -1 |
Loss from discontinued operations, net of tax | |||||||||||
- | - | - | - | - | - | - | - | - | - | -0 | 3 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
-500 | -327 | 61 | 119 | -8 | -20 | 819 | 161 | -1,592 | 82 | 227 | 183 |
Net loss attributable to non-controlling interest | |||||||||||
-0 | -0 | 0 | 0 | - | - | 6 | 2 | -16 | -8 | -12 | - |
Net Income (Loss) Attributable to Parent | |||||||||||
-499 | -326 | 61 | 119 | - | - | 813 | 158 | -1,575 | 91 | 240 | 183 |
Average common shares: | |||||||||||
Weighted Average Number of Shares Outstanding, Basic | |||||||||||
91 | 91 | 90 | 90 | 93 | 93 | 93 | 92 | 91 | 181 | 170 | 149 |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||||
91 | 91 | 91 | 91 | 93 | 93 | 94 | 93 | 91 | 182 | 173 | 153 |
Earnings Per Share, Basic [Abstract] | |||||||||||
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Per Basic Share | |||||||||||
-5.45 | -3.63 | 0.52 | 1.33 | -0.09 | -0.22 | 3.47 | 0.26 | -18.85 | 0.22 | 1.41 | 1.22 |
Income from discontinued operations attributable to Dean Foods Company (USD per share) | |||||||||||
0.00 | 0.05 | 0.16 | -0.01 | 0.00 | 0.00 | 5.20 | 1.46 | 1.67 | 0.28 | - | 0.01 |
Net loss attributable to Dean Foods Company (USD per share) | |||||||||||
-5.45 | -3.58 | 0.68 | 1.32 | -0.09 | -0.22 | 8.67 | 1.72 | -17.18 | 0.50 | 1.41 | 1.23 |
Earnings Per Share, Diluted [Abstract] | |||||||||||
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Per Diluted Share | |||||||||||
-5.45 | -3.63 | 0.52 | 1.32 | -0.09 | -0.22 | 3.43 | 0.26 | -18.85 | 0.22 | 1.39 | 1.19 |
Income from discontinued operations attributable to Dean Foods Company (USD per share) | |||||||||||
0.00 | 0.05 | 0.15 | -0.01 | 0.00 | 0.00 | 5.15 | 1.44 | 1.67 | 0.28 | -0.01 | 0.01 |
Earnings Per Share, Diluted | |||||||||||
-5.45 | -3.58 | 0.67 | 1.31 | -0.09 | -0.22 | 8.58 | 1.70 | -17.18 | 0.50 | 1.38 | 1.20 |
Cash dividends declared per common share (USD per share) | |||||||||||
- | - | - | - | - | - | 0.00 | - | - | - | - | - |