Sealed air corp/de (SEE)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net sales

4,791

4,732

4,461

4,211

4,410

7,750

7,690

7,559

5,467

4,490

4,242

4,843

Food Packaging

-

-

-

-

-

-

-

-

-

-

-

1,969

Food Solutions

-

-

-

-

-

-

-

-

-

-

-

988

Protective Packaging

-

-

-

-

-

-

-

-

-

-

-

1,480

Other

-

-

-

-

-

-

-

-

-

-

-

405

Cost of sales

3,226

3,230

3,049

2,810

2,955

5,062

5,100

5,038

3,886

3,237

3,024

3,606

Gross profit

1,564

1,502

1,412

1,401

1,455

2,687

2,589

2,520

1,580

1,252

1,218

1,236

Selling, general and administrative expenses

915

782

815

754

778

1,841

1,750

1,756

1,004

699

707

755

Amortization expense of intangible assets acquired

28

15

13

15

11

118

123

132

38

11

11

-

Stock appreciation rights expense

-

-

-

-

-

-8

38

18

-

-

-

-

Impairment of goodwill and other intangible assets

-

-

-

-

-

-

-

1,892

-

-

-

-

Integration related costs

-

-

-

-

-

-

-

7

64

-

-

-

Restructuring charges

41

47

12

2

48

65

73

142

52

7

7

85

Operating profit

578

656

571

628

617

653

604

-1,429

420

535

492

396

Interest expense, net

-184

-177

-184

-191

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

211

287

361

384

216

161

154

128

Interest income

-

-

-

-

6

-

-

-

-

-

-

-

Impairment of equity method investment

-

-

-

-

-

5

2

23

-

-

-

-

Gain on sale of available-for-sale securities, net of impairment

-

-

-

-

-

-

-

-

-

-

-

34

Foreign currency exchange loss due to highly inflationary economies

-4

-2

0

-1

-27

-20

-13

-0

-0

5

-

-

Charge related to Venezuelan subsidiaries

-

-

-

-47

0

-

-

-

-

-

-

-

Gain from Settlement agreement

-

-

-

-

-

21

-

-

-

-

-

-

Loss on debt redemption and refinancing activities

-

-

-

-

-110

-102

-36

-36

-

-38

-3

-

(Loss) gain on sale of business, net

-

-

-

-

13

-

-

-

-

-

-

-

Other income (expense), net

-19

-18

6

-0

2

8

-11

-9

-14

-2

-0

-12

Earnings before income tax provision

370

457

393

387

291

267

180

-1,884

189

343

329

222

Net gains on sale (other-than-temporary impairment) of available-for-sale securities

-

-

-

-

-

-

-

-

-

5

-4

-

Income tax provision

76

307

330

95

132

9

84

-265

56

87

85

42

Net earnings from continuing operations

293

150

62

292

158

-

95

-1,619

132

255

-

-

Gain (Loss) gain on sale of discontinued operations, net of tax

-30

42

640

0

0

-

22

178

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

0

0

111

194

176

-

7

28

16

-

-

-

Net earnings

263

193

814

486

335

258

125

-1,411

149

255

244

179

Basic:
Continuing operations (in dollars per share)

1.90

0.94

0.34

1.50

0.78

-

0.49

-8.40

0.79

1.61

-

-

Discontinued operations (in dollars per share)

-0.20

0.27

3.99

0.99

0.85

-

0.16

1.08

0.10

-

-

-

Net earnings per common share - basic (in dollars per share)

1.70

1.21

4.33

2.49

1.63

1.22

0.65

-7.32

0.89

1.61

1.54

1.13

Diluted:
Continuing operations (in dollars per share)

1.89

0.94

0.33

1.48

0.77

-

0.44

-8.40

0.71

1.44

-

-

Discontinued operations (in dollars per share)

-0.20

0.26

3.96

0.98

0.85

-

0.14

1.08

0.09

-

-

-

Net earnings per common share - diluted (n dollars per share)

1.69

1.20

4.29

2.46

1.62

1.20

0.58

-7.32

0.80

1.44

1.35

0.99

Dividends per common share (in dollars per share)

-

-

-

0.61

0.52

0.52

0.52

0.52

0.52

0.50

0.48

0.48

Weighted average number of common shares outstanding:
Basic (in shares)

154

159

186

194

203

210

194

192

167

158

157

157

Diluted (in shares)

155

160

188

197

206

213

214

192

185

176

182

188