Financial Statements - Income Statement

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Net Sales 8,453.00 7,304.00 7,251.00 14,757.00 21,440.00
Revenue 8,453.00 7,304.00 7,251.00 14,757.00 21,440.00
Total Revenue 8,453.00 7,304.00 7,251.00 14,757.00 21,440.00
Cost of Revenue 7,009.00 6,412.00 7,352.00 11,694.00 15,631.00
Cost of Revenue, Total 7,009.00 6,412.00 7,352.00 11,694.00 15,631.00
Gross Profit 1,444.00 892.00 -101.00 3,063.00 5,809.00
Selling/General/Administrative Expense 1,233.00 1,169.00 1,338.00 1,764.00 2,092.00
Selling/General/Administrative Expenses, Total 1,233.00 1,169.00 1,338.00 1,764.00 2,092.00
Impairment-Assets Held for Use 0.00 0.00 972.00 1,689.00 104.00
Unusual Expense (Income) 0.00 0.00 972.00 1,689.00 104.00
Total Operating Expense 8,242.00 7,581.00 9,662.00 15,147.00 17,827.00
Operating Income 211.00 -277.00 -2,411.00 -390.00 3,613.00
Interest Expense - Non-Operating -93.00 -102.00 -105.00 -103.00 -105.00
Interest Expense, Net Non-Operating -93.00 -102.00 -105.00 -103.00 -105.00
Interest Income, Non-Operating 25.00 25.00 15.00 14.00 18.00
Investment Income, Non-Operating 36.00 55.00 -46.00 -80.00 93.00
Interest/Investment Income, Non-Operating 61.00 80.00 -31.00 -66.00 111.00
Interest Income (Expense), Net-Non-Operating, Total -32.00 -22.00 -136.00 -169.00 6.00
Other Non-Operating Income (Expense) -138.00 -93.00 -76.00 -30.00 -125.00
Other, Net -138.00 -93.00 -76.00 -30.00 -125.00
Net Income Before Taxes 41.00 -392.00 -2,623.00 -589.00 3,494.00
Income Tax – Total 63.00 86.00 -207.00 178.00 1,039.00
Income After Tax -22.00 -478.00 -2,416.00 -767.00 2,455.00
Minority Interest -9.00 -1.00 4.00 -2.00 -5.00
Net Income Before Extraordinary Items -31.00 -479.00 -2,412.00 -769.00 2,450.00
Discontinued Operations -- -- 0.00 0.00 52.00
Extraordinary Item -- 242.00 -- -- --
Total Extraordinary Items -- 242.00 0.00 0.00 52.00
Net Income -31.00 -237.00 -2,412.00 -769.00 2,502.00
Income Available to Common Excluding Extraordinary Items -31.00 -479.00 -2,412.00 -769.00 2,450.00
Income Available to Common Stocks Including Extraordinary Items -31.00 -237.00 -2,412.00 -769.00 2,502.00
Basic Weighted Average Shares 378.00 377.00 376.00 387.00 428.00
Basic EPS Excluding Extraordinary Items -0.08 -1.27 -6.41 -1.99 5.72
Basic EPS Including Extraordinary Items -0.08 -0.63 -6.41 -1.99 5.85
Diluted Net Income -31.00 -237.00 -2,412.00 -769.00 2,502.00
Diluted Weighted Average Shares 378.00 377.00 376.00 387.00 430.00
Diluted EPS Excluding Extraordinary Items -0.08 -1.27 -6.41 -1.99 5.70
Diluted EPS Including Extraordinary Items -0.08 -0.63 -6.41 -1.99 5.82
DPS - Common Stock Primary Issue 0.20 0.20 0.61 1.84 1.64
Gross Dividends - Common Stock 76.00 76.00 230.00 710.00 703.00
Restructuring Charge, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items 0.00 0.00 972.00 1,689.00 104.00
Normalized Income Before Taxes 41.00 -392.00 -1,651.00 1,100.00 3,598.00
Effect of Special Items on Income Taxes 0.00 0.00 340.20 591.15 30.93
Income Taxes Excluding Impact of Special Items 63.00 86.00 133.20 769.15 1,069.93
Normalized Income After Taxes -22.00 -478.00 -1,784.20 330.85 2,528.07
Normalized Income Available to Common -31.00 -479.00 -1,780.20 328.85 2,523.07
Basic Normalized EPS -0.08 -1.27 -4.73 0.85 5.90
Diluted Normalized EPS -0.08 -1.27 -4.73 0.85 5.87
Amortization of Intangibles, Supplemental 336.00 320.00 320.00 356.00 366.00
Depreciation, Supplemental 354.00 378.00 383.00 391.00 413.00
Interest Expense, Supplemental 93.00 102.00 105.00 103.00 105.00
Rental Expense, Supplemental 212.00 209.00 246.00 327.00 390.00
Stock-Based Compensation, Supplemental 110.00 124.00 107.00 109.00 101.00
Equity in Affiliates, Supplemental -3.00 -5.00 -21.00 13.00 58.00
Minority Interest, Supplemental -9.00 -1.00 4.00 -2.00 -5.00
Audit-Related Fees, Supplemental -- 8.84 8.81 9.10 8.69
Audit-Related Fees -- 0.01 0.01 0.23 0.31
Tax Fees, Supplemental -- 2.61 4.90 6.58 9.42
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00 0.00
Gross Margin 17.08 12.21 -1.39 20.76 27.09
Operating Margin 2.50 -3.79 -33.25 -2.64 16.85
Pretax Margin 0.49 -5.37 -36.17 -3.99 16.30
Effective Tax Rate 153.66 -- -- -- 29.74
Net Profit Margin -0.37 -6.56 -33.26 -5.21 11.43
Normalized EBIT 211.00 -277.00 -1,439.00 1,299.00 3,717.00
Normalized EBITDA 901.00 421.00 -736.00 2,046.00 4,496.00
Current Tax - Domestic -5.00 23.00 -79.00 30.00 681.00
Current Tax - Foreign 134.00 161.00 74.00 464.00 615.00
Current Tax - Local -3.00 1.00 -4.00 -58.00 43.00
Current Tax - Total 126.00 185.00 -9.00 436.00 1,339.00
Deferred Tax - Domestic 11.00 -332.00 -132.00 -41.00 -309.00
Deferred Tax - Foreign -74.00 -7.00 -59.00 -179.00 14.00
Deferred Tax - Local 0.00 240.00 -7.00 -38.00 -5.00
Deferred Tax - Total -63.00 -99.00 -198.00 -258.00 -300.00
Income Tax - Total 63.00 86.00 -207.00 178.00 1,039.00
Interest Cost - Domestic 18.00 20.00 25.00 26.00 35.00
Service Cost - Domestic 1.00 1.00 5.00 6.00 8.00
Curtailments & Settlements - Domestic -2.00 -15.00 -88.00 -16.00 -1.00
Domestic Pension Plan Expense 17.00 6.00 -58.00 16.00 42.00
Interest Cost - Post-Retirement 2.00 3.00 3.00 3.00 2.00
Service Cost - Post-Retirement 0.00 -- 0.00 0.00 0.00
Post-Retirement Plan Expense 2.00 3.00 3.00 3.00 2.00
Defined Contribution Expense - Domestic 71.00 65.00 71.00 100.00 122.00
Total Pension Expense 90.00 74.00 16.00 119.00 166.00
Discount Rate - Domestic 3.00 3.10 3.20 3.70 3.99
Discount Rate - Foreign 1.80 1.80 2.20 2.20 3.50
Expected Rate of Return - Domestic 5.60 5.60 5.60 5.50 6.50
Expected Rate of Return - Foreign 1.80 1.80 1.80 2.30 3.50
Compensation Rate - Foreign 1.80 1.80 2.00 2.00 2.00
Total Plan Interest Cost 20.00 23.00 28.00 29.00 37.00
Total Plan Service Cost 1.00 1.00 5.00 6.00 8.00
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