SEALED AIR CORP/DE SEE Income Statement

Sealed air corp/de (SEE)

Income statement / TTM

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net sales
4,852	4,791	4,752	4,720	4,714	4,732	4,700	4,645	4,560	4,461	4,335	4,269	4,237	4,211	2,242	2,923	3,669	4,410	7,251	7,480	7,669	7,750	7,789	7,725	7,689	7,690	7,567	7,555	7,542	7,559	7,549	6,896	6,184	5,467	4,797	4,680	4,557	4,490	4,360	4,258	0	0	0
Food Packaging
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Food Solutions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Protective Packaging
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cost of sales
3,262	3,226	3,217	3,212	3,221	3,230	3,224	3,174	3,109	3,049	2,936	2,874	2,836	2,810	1,695	2,096	2,528	2,955	4,629	4,798	4,971	5,062	5,105	5,088	5,072	5,100	5,018	5,013	5,031	5,038	5,044	4,699	4,291	3,886	3,496	3,394	3,295	3,237	3,128	3,059	0	0	0
Gross profit
1,590	1,564	1,534	1,508	1,493	1,502	1,475	1,470	1,450	1,412	1,398	1,394	1,400	1,401	547	827	1,141	1,455	2,622	2,681	2,697	2,687	2,684	2,637	2,617	2,589	2,548	2,542	2,511	2,520	2,504	2,196	1,892	1,580	1,300	1,285	1,261	1,252	1,232	1,199	0	0	0
Selling, general and administrative expenses
897	915	903	873	800	782	786	802	812	815	795	772	766	754	100	317	535	778	1,708	1,776	1,821	1,841	1,816	1,773	1,762	1,750	1,729	1,729	1,746	1,756	1,793	1,546	1,265	1,004	727	721	707	699	700	696	0	0	0
Amortization expense of intangible assets acquired
33	28	23	17	16	15	14	14	12	13	13	14	17	15	-45	-28	-8	11	93	102	110	118	123	122	122	123	125	129	131	132	130	99	68	38	0	0	0	-	-	-	-	-	-
Stock appreciation rights expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-5	-5	-8	14	22	20	38	39	33	24	18	0	0	0	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill and other intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Integration related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3	4	6	7	28	34	0	-	0	0	-	-	-	-	-	-	-
Restructuring charges
35	41	69	68	46	47	25	24	18	12	9	4	4	2	-17	20	35	48	102	75	72	65	44	82	80	73	93	80	95	142	109	0	0	-	0	-	-	7	1	1	0	0	0
Operating profit
624	578	538	548	629	656	649	629	607	571	579	602	612	628	513	522	581	617	710	718	683	653	685	636	630	604	-0	-1,327	-1,385	-1,429	-960	360	380	420	516	534	534	535	530	501	0	0	0
Interest expense, net
0	-	0	0	0	-	0	0	0	-	191	191	195	-	190	195	203	211	237	252	267	287	313	332	348	361	362	370	378	384	397	337	276	216	149	153	157	161	164	161	0	0	0
Impairment of equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of available-for-sale securities, net of impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-
Foreign currency exchange loss due to highly inflationary economies
-4	-4	-6	-4	-3	-2	0	0	0	-	-	-	-	-1	1	0	-29	-27	-32	-35	-4	-20	-19	-14	-15	-13	-13	-13	-13	-0	0	0	0	-	-	-	4	5	0	0	0	-	-
Charge related to Venezuelan subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from Settlement agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt redemption and refinancing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-36	0	0	0	-	-	0	-	-	-	-	-	-	-	-	-	0	-
(Loss) gain on sale of business, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-13	-19	3	-4	-6	-18	-19	2	-4	6	3	-8	1	-0	-14	-9	-6	2	22	12	0	-	0	0	-	-11	-3	-2	-5	-9	-23	-18	-14	-14	0	-8	-9	-2	-4	-1	0	0	0
Earnings before income tax provision
422	370	353	360	439	457	458	455	424	393	397	408	378	387	256	264	252	291	295	267	317	267	341	290	269	180	-451	-1,784	-1,874	-1,884	-1,405	-19	89	189	331	336	339	343	363	340	0	0	0
Net gains on sale (other-than-temporary impairment) of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Income tax provision
78	76	-15	-4	16	307	482	492	515	330	207	217	214	95	169	154	116	132	17	14	33	9	144	119	104	84	-190	-249	-264	-265	-72	1	24	56	81	84	84	87	98	90	0	0	0
Net earnings from continuing operations
343	293	368	364	422	150	-24	-37	-91	62	189	191	163	292	0	0	0	-	-	-	-	-	-	-	-	95	-261	-1,534	-1,609	-1,619	-1,193	0	0	-	0	-	-	-	-	-	-	-	-
Gain (Loss) gain on sale of discontinued operations, net of tax
-11	-30	-9	5	28	42	-16	679	648	640	699	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	111	130	204	177	194	0	0	0	-	-	-	-	-	-	-	-	7	19	23	28	28	0	0	0	-	-	-	-	-	-	-	-	-	-
Net earnings
332	263	359	370	451	193	-40	667	657	814	1,019	395	340	486	438	362	340	335	278	252	284	258	221	197	194	125	-62	-1,332	-1,402	-1,411	-1,301	4	83	149	249	252	254	255	265	249	0	0	0
Basic:
Continuing operations (in dollars per share)
0.74	0.81	0.52	0.16	0.41	1.19	0.48	0.52	-1.25	0.14	0.33	0.14	-0.27	0.79	0.33	0.01	0.37	-	-	-	-	-	-	-	-	-	0.18	0.28	-	-1.84	-6.41	-0.11	-0.04	-	0.46	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
0.08	-0.14	-0.08	0.06	-0.04	0.02	0.02	0.19	0.04	-0.31	3.86	0.39	0.05	0.10	0.51	0.24	0.14	-	-	-	-	-	-	-	-	0.13	0.01	0.01	0.01	1.00	0.03	0.04	0.01	-	-	-	-	-	-	-	-	-	-
Net earnings per common share - basic (in dollars per share)
0.82	0.67	0.44	0.22	0.37	1.21	0.50	0.71	-1.21	-0.17	4.19	0.53	-0.22	0.89	0.84	0.25	0.51	0.61	0.43	0.13	0.46	0.31	0.29	0.28	0.34	0.16	0.19	0.29	0.01	-0.84	-6.38	-0.07	-0.03	-0.35	0.46	0.41	0.37	0.33	0.48	0.42	0.38	0.38	0.38
Diluted:
Continuing operations (in dollars per share)
0.74	0.81	0.51	0.16	0.41	1.19	0.48	0.52	-1.25	0.13	0.33	0.14	-0.27	0.78	0.32	0.01	0.37	-	-	-	-	-	-	-	-	-	0.17	0.25	-	-1.84	-6.41	-0.11	-0.04	-	0.41	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
0.08	-0.14	-0.07	0.05	-0.04	0.01	0.02	0.19	0.04	-0.29	3.82	0.38	0.05	0.09	0.51	0.24	0.14	-	-	-	-	-	-	-	-	0.11	0.01	0.01	0.01	1.00	0.03	0.04	0.01	-	-	-	-	-	-	-	-	-	-
Net earnings per common share - diluted (n dollars per share)
0.82	0.67	0.44	0.21	0.37	1.20	0.50	0.71	-1.21	-0.16	4.15	0.52	-0.22	0.87	0.83	0.25	0.51	0.61	0.42	0.13	0.46	0.31	0.28	0.28	0.33	0.13	0.18	0.26	0.01	-0.84	-6.38	-0.07	-0.03	-0.32	0.41	0.37	0.34	0.28	0.43	0.38	0.35	0.34	0.33
Dividends per common share (in dollars per share)
-	-	0.16	0.16	-	-	0.16	0.16	0.16	-	0.16	0.16	0.16	0.16	0.16	0.16	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12
Weighted average number of common shares outstanding:
Basic (in shares)
154	153	154	154	154	155	157	159	165	174	186	192	193	192	194	195	195	195	202	208	208	209	210	213	206	194	194	194	193	193	193	193	191	190	159	159	158	158	158	158	157	157	157
Diluted (in shares)
154	155	154	155	155	156	158	160	165	176	188	194	195	196	196	198	197	198	205	211	211	211	213	215	215	215	215	213	212	193	193	193	191	209	177	177	176	177	176	176	176	178	188