| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Jan'16 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | |||||||||||
4,123 | 3,951 | 3,920 | 3,926 | 3,778 | 3,748 | 3,732 | 3,031 | 2,773 | 2,573 | 2,600 | 2,414 |
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) | |||||||||||
2,155 | 2,066 | 2,009 | 2,026 | 1,963 | 1,950 | 1,972 | 1,617 | 1,473 | 1,346 | 1,390 | 1,263 |
Selling, distribution and administrative expenses | |||||||||||
1,575 | 1,507 | 1,510 | 1,469 | 1,381 | 1,368 | 1,356 | 1,092 | 1,016 | 935 | 926 | 894 |
Gain on sale of assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2 |
Depreciation and amortization | |||||||||||
144 | 144 | 146 | 140 | 132 | 128 | 118 | 102 | 94 | 85 | 80 | 73 |
Restructuring and related impairment charges | |||||||||||
23 | 9 | 104 | - | - | - | - | - | - | - | - | - |
Gain on divestiture | |||||||||||
- | - | 28 | - | - | - | - | - | - | - | - | - |
(Recovery) loss on inferior ingredients | |||||||||||
-0 | 3 | - | - | - | - | - | - | - | - | - | - |
Multi-employer pension plan withdrawal costs | |||||||||||
- | 2 | 18 | - | - | - | - | - | - | - | - | - |
Impairment of assets | |||||||||||
- | -5 | - | -24 | -3 | -10 | - | - | - | - | - | 3 |
Gain on acquisition | |||||||||||
- | - | - | - | - | - | 50 | - | - | - | 3 | - |
Gain on insurance recovery | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 |
Income from operations | |||||||||||
225 | 212 | 161 | 264 | 297 | 275 | 335 | 218 | 189 | 205 | 206 | 182 |
Interest expense | |||||||||||
38 | 35 | 36 | 34 | 26 | 28 | 28 | 23 | 10 | 8 | 11 | 6 |
Interest income | |||||||||||
27 | 27 | 22 | 20 | 21 | 20 | 16 | 13 | 13 | 12 | 13 | 13 |
Other components of net periodic pension and postretirement benefits expense | |||||||||||
2 | -0 | -6 | -5 | - | - | - | - | - | - | - | - |
Pension plan settlement loss | |||||||||||
0 | -7 | -4 | -6 | - | -15 | - | - | - | - | - | - |
(Loss) income before income taxes | |||||||||||
212 | 197 | 149 | 249 | 293 | 268 | 322 | 208 | 191 | 210 | 207 | 190 |
Income tax (benefit) expense | |||||||||||
47 | 40 | -0 | 85 | 103 | 92 | 91 | 72 | 68 | 73 | 74 | 67 |
Net income | |||||||||||
- | - | - | - | - | - | - | - | - | - | 133 | 122 |
Less: net income attributable to noncontrolling interest | |||||||||||
- | - | - | - | - | - | - | - | - | - | 3 | 3 |
Net (loss) income | |||||||||||
164 | 157 | 150 | 163 | 189 | 175 | 230 | 136 | 123 | 137 | 130 | 119 |
Net (loss) income per common share: | |||||||||||
Basic: | |||||||||||
Net (loss) income per common share | |||||||||||
0.78 | 0.74 | 0.72 | 0.79 | 0.90 | 0.84 | 1.11 | 0.66 | 0.61 | 1.00 | 0.94 | 1.29 |
Weighted average shares outstanding | |||||||||||
211 | 211 | 209 | 208 | 210 | 209 | 207 | 205 | 203 | 137 | 138 | 92 |
Diluted: | |||||||||||
Net (loss) income per common share | |||||||||||
0.78 | 0.74 | 0.71 | 0.78 | 0.89 | 0.82 | 1.09 | 0.66 | 0.60 | 0.99 | 0.94 | 1.28 |
Weighted average shares outstanding | |||||||||||
211 | 211 | 210 | 210 | 213 | 213 | 211 | 207 | 205 | 138 | 139 | 93 |
Cash dividends paid per common share | |||||||||||
0.75 | 0.71 | 0.67 | 0.62 | 0.56 | 0.48 | 0.44 | - | - | - | - | - |