| 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 | |||||||||||
6,966 | 6,803 | 6,471 | 6,028 | 5,731 | 5,324 | 4,627 | 4,525 | 4,434 | 4,146 | 3,891 | 4,248 |
Cost of sales | |||||||||||
4,247 | 4,150 | 3,981 | 3,752 | 3,595 | 3,420 | 3,016 | 3,105 | 2,941 | 2,770 | 2,626 | 2,871 |
Gross profit | |||||||||||
2,719 | 2,653 | 2,489 | 2,276 | 2,136 | 1,904 | 1,611 | 1,420 | 1,493 | 1,375 | 1,265 | 1,377 |
Selling, general and administrative expenses | |||||||||||
1,829 | 1,788 | 1,725 | 1,485 | 1,541 | 1,340 | 1,096 | 979 | 1,046 | 994 | 940 | 1,009 |
Change in fair value of contingent consideration liability | |||||||||||
0 | 0 | 27 | 0 | 0 | - | - | - | - | - | - | - |
Restructuring | |||||||||||
- | - | - | - | - | - | - | - | - | - | 53 | 50 |
Operating profit | |||||||||||
889 | 864 | 736 | 790 | 595 | 563 | 515 | 440 | 447 | 380 | 270 | 317 |
Other expenses | |||||||||||
-31 | -26 | -32 | -66 | -3 | -2 | -17 | -40 | -6 | -20 | -49 | 0 |
Interest expense, net | |||||||||||
178 | 194 | 174 | 152 | 118 | 96 | 101 | 136 | 156 | 150 | 163 | 155 |
Income (loss) before income tax expense | |||||||||||
679 | 643 | 529 | 571 | 473 | 464 | 395 | 262 | 284 | 210 | 58 | 163 |
Income tax expense (benefit) | |||||||||||
79 | 103 | 453 | 34 | 45 | 60 | 65 | 30 | 41 | 17 | 6 | 35 |
Income from continuing operations | |||||||||||
600 | 539 | 75 | 536 | 428 | 404 | - | 232 | 242 | 192 | - | - |
Loss from discontinued operations, net of tax | |||||||||||
0 | 0 | -2 | 2 | 0 | 0 | - | -67 | 24 | 18 | - | - |
Net Income (Loss) Attributable to Parent | |||||||||||
600 | 539 | 73 | 539 | 428 | 404 | 330 | 164 | 266 | 211 | 51 | 127 |
Earnings (loss) per share — basic: | |||||||||||
Continuing operations | |||||||||||
1.65 | 1.48 | 0.21 | 1.41 | 1.07 | 1.01 | - | 2.35 | 2.48 | 2.00 | - | - |
Discontinued operations | |||||||||||
0.00 | 0.00 | -0.01 | 0.01 | 0.00 | 0.00 | - | 0.69 | 0.25 | 0.19 | - | - |
Basic | |||||||||||
1.65 | 1.48 | 0.20 | 1.41 | 1.07 | 1.01 | 0.83 | 1.67 | 2.73 | 2.19 | 0.54 | 1.35 |
Earnings (loss) per share — diluted: | |||||||||||
Continuing operations | |||||||||||
1.64 | 1.48 | 0.21 | 1.40 | 1.06 | 0.99 | - | 2.32 | 2.44 | 1.97 | - | - |
Discontinued operations | |||||||||||
0.00 | 0.00 | -0.01 | 0.01 | 0.00 | 0.00 | - | -0.68 | 0.24 | 0.19 | - | - |
Diluted | |||||||||||
1.64 | 1.48 | 0.20 | 1.40 | 1.06 | 0.99 | 0.81 | 1.64 | 2.69 | 2.16 | 0.54 | 1.34 |
Basic | |||||||||||
- | - | - | - | - | - | - | - | - | - | 95 | 94 |
Diluted | |||||||||||
- | - | - | - | - | - | - | - | - | - | 95 | 95 |