MYLAN N.V. MYL Income Statement

Mylan n.v. (MYL)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14
Revenues:
Net sales
2,588	3,163	2,928	2,818	2,460	3,035	2,827	2,755	2,650	3,189	2,956	2,926	2,687	3,221	3,029	2,539	2,176	2,474	2,676	2,357	1,854	2,057	2,069	1,816	1,703
Revenues
2,619	3,191	2,961	2,851	2,495	3,078	2,862	2,808	2,684	3,238	2,987	2,962	2,719	3,267	3,057	2,560	2,191	2,490	2,695	2,371	1,871	2,082	2,084	1,837	1,715
Cost of sales
1,713	2,104	1,889	1,918	1,690	2,063	1,823	1,845	1,700	1,944	1,809	1,736	1,634	1,932	1,773	1,389	1,284	1,428	1,379	1,363	1,041	1,113	1,071	1,028	977
Gross profit
906	1,087	1,072	932	805	1,015	1,039	962	984	1,294	1,178	1,225	1,085	1,335	1,283	1,171	907	1,062	1,315	1,008	830	969	1,012	808	737
Operating expenses:
Research and development
114	151	167	147	172	148	144	206	204	202	182	181	217	194	199	179	253	159	174	168	169	150	158	155	118
Selling, general and administrative
605	654	632	668	607	632	577	623	607	660	664	620	630	710	656	581	549	596	537	564	483	425	418	404	377
Litigation settlements and other contingencies, net
-1	-8	51	-20	-0	-1	20	46	-16	-12	-15	50	-9	-116	-558	0	1	116	-2	0	-17	79	-20	-23	-3
Other operating (income) expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	-	-
Total operating expenses
721	815	748	837	781	782	701	783	828	875	861	751	857	1,021	1,414	760	801	638	714	731	670	576	517	582	498
Earnings from operations
184	272	323	95	24	232	338	178	155	419	316	473	227	313	-130	410	105	423	601	276	159	392	495	226	239
Interest expense
119	126	128	131	131	135	136	139	131	128	131	136	138	149	144	90	70	70	95	93	79	82	83	84	82
Other expense, net
-34	-11	-9	-16	-7	-20	-9	-21	-13	36	-5	-12	-17	61	-50	-117	-16	-134	-50	-2	-18	-38	1	-3	-4
Earnings before income taxes
30	135	185	-52	-114	77	192	18	10	327	179	324	71	224	-325	203	19	218	455	180	61	272	412	137	151
Income tax (benefit) provision
9	114	-4	116	-89	25	15	-18	-76	82	91	27	5	-192	-205	34	5	23	26	12	4	81	-86	11	35
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	-	-168	-	-	-	37	87	244	88	297	66	-	-119	-	-	-	428	167	-	190	499	126	116
Other comprehensive (loss) earnings, before tax:
Net earnings attributable to the noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1	0	1	0
Net Income (Loss) Available to Common Stockholders, Basic
20	-	189	-168	-25	-	176	37	87	-	88	297	66	-	-119	168	13	194	428	167	56	189	499	125	115
Earnings (Loss) per ordinary share:
Basic (in USD per share)
0.04	0.04	0.37	-0.33	-0.05	0.11	0.34	0.07	0.17	0.45	0.17	0.56	0.12	0.81	-0.23	0.33	0.03	0.45	0.87	0.34	0.14	0.51	1.33	0.34	0.31
Diluted (in USD per share)
0.04	0.04	0.37	-0.33	-0.05	0.10	0.34	0.07	0.17	0.47	0.16	0.55	0.12	0.79	-0.23	0.33	0.03	0.42	0.83	0.32	0.13	0.47	1.26	0.32	0.29
Weighted average ordinary shares outstanding:
Basic
516	516	516	515	515	514	514	514	514	533	535	535	534	534	523	504	489	490	490	490	418	374	374	373	372
Diluted
517	519	516	515	515	516	516	516	516	535	537	537	536	539	523	509	509	509	514	521	443	400	397	397	396
Other Revenues
Revenues
31	28	33	33	34	43	35	52	34	49	30	35	32	46	27	20	15	15	19	14	17	25	14	20	12