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 -- 0.00 972.00 1,689.00 104.00
Unusual Expense (Income) -- 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 -3.00 55.00 -46.00 -80.00 93.00
Interest/Investment Income, Non-Operating 22.00 80.00 -31.00 -66.00 111.00
Interest Income (Expense), Net-Non-Operating, Total -71.00 -22.00 -136.00 -169.00 6.00
Other Non-Operating Income (Expense) -99.00 -93.00 -76.00 -30.00 -125.00
Other, Net -99.00 -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 -- 76.00 230.00 710.00 703.00
Restructuring Charge, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items -- 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 -- 0.00 340.20 591.15 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 -- 320.00 320.00 356.00 366.00
Depreciation, Supplemental 690.00 378.00 383.00 391.00 413.00
Interest Expense, Supplemental 93.00 102.00 105.00 103.00 105.00
Rental Expense, Supplemental -- 209.00 246.00 327.00 390.00
Stock-Based Compensation, Supplemental -- 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 -- 23.00 -79.00 30.00 681.00
Current Tax - Foreign -- 161.00 74.00 464.00 615.00
Current Tax - Local -- 1.00 -4.00 -58.00 43.00
Current Tax - Total -- 185.00 -9.00 436.00 1,339.00
Deferred Tax - Domestic -- -332.00 -132.00 -41.00 -309.00
Deferred Tax - Foreign -- -7.00 -59.00 -179.00 14.00
Deferred Tax - Local -- 240.00 -7.00 -38.00 -5.00
Deferred Tax - Total -- -99.00 -198.00 -258.00 -300.00
Income Tax - Total -- 86.00 -207.00 178.00 1,039.00
Interest Cost - Domestic -- 20.00 25.00 26.00 35.00
Service Cost - Domestic -- 1.00 5.00 6.00 8.00
Curtailments & Settlements - Domestic -- -15.00 -88.00 -16.00 -1.00
Domestic Pension Plan Expense -- 6.00 -58.00 16.00 42.00
Interest Cost - Post-Retirement -- 3.00 3.00 3.00 2.00
Service Cost - Post-Retirement -- -- 0.00 0.00 0.00
Post-Retirement Plan Expense -- 3.00 3.00 3.00 2.00
Defined Contribution Expense - Domestic -- 65.00 71.00 100.00 122.00
Total Pension Expense -- 74.00 16.00 119.00 166.00
Discount Rate - Domestic -- 3.10 3.20 3.70 3.99
Discount Rate - Foreign -- 1.80 2.20 2.20 3.50
Expected Rate of Return - Domestic -- 5.60 5.60 5.50 6.50
Expected Rate of Return - Foreign -- 1.80 1.80 2.30 3.50
Compensation Rate - Foreign -- 1.80 2.00 2.00 2.00
Total Plan Interest Cost -- 23.00 28.00 29.00 37.00
Total Plan Service Cost -- 1.00 5.00 6.00 8.00
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