| (Amounts are in millions) |
|
12/2009 |
|
12/2008 |
|
12/2007 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$2,692.46 |
|
$3,351.97 |
|
$3,398.69 |
| Cost of Goods Sold |
|
$1,907.33 |
|
$2,337.42 |
|
$2,374.04 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$785.13 |
|
$1,014.55 |
|
$1,024.65 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$57.88 |
|
$62.45 |
|
$58.81 |
| Selling, General, & Admin. Expense |
|
$507.30 |
|
$627.41 |
|
$587.86 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$219.94 |
|
$324.68 |
|
$377.97 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($5.18) |
|
$103.91 |
|
($2.43) |
| Interest Expense |
|
$42.11 |
|
$61.46 |
|
$71.89 |
|
|
|
|
|
|
|
| Pretax Income |
|
$172.64 |
|
$367.14 |
|
$303.64 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$56.42 |
|
$108.34 |
|
$93.15 |
| Minority Interest |
|
$0.00 |
|
$2.43 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$116.21 |
|
$256.36 |
|
$210.48 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
($0.01) |
|
($27.62) |
|
$0.43 |
|
|
|
|
|
|
|
| Net Income |
|
$116.20 |
|
$228.73 |
|
$210.92 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$1.19 |
|
$2.34 |
|
$2.14 |
| Diluted Earnings Per Share |
|
$1.17 |
|
$2.31 |
|
$2.11 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
97.42 |
|
97.89 |
|
98.76 |
| Weighted Average Diluted Shares Outstanding |
|
98.52 |
|
99.07 |
|
100.21 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$144.85 |
|
$217.53 |
|
$208.51 |
| Income From Non-Recurring Items |
|
($29.34) |
|
$38.83 |
|
$1.98 |
| Diluted Earnings Per Share before extras |
|
$1.47 |
|
$2.20 |
|
$2.08 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$70.81 |
|
$67.07 |
|
$59.68 |
| Dividend Per Share (common) |
|
$0.72 |
|
$0.68 |
|
$0.60 |
