Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Sales | 27,923.32 | 33,107.12 | 37,124.42 | 34,477.02 | 28,673.36 | 28,916.85 | 29,676.77 | 26,812.51 | 23,825.26 | 23,282.02 |
Total Revenues | 27,923.32 | 33,107.12 | 37,124.42 | 34,477.02 | 28,673.36 | 28,916.85 | 29,676.77 | 26,812.51 | 23,825.26 | 23,282.02 |
Cost of Products Sold | 24,630.92 | 28,958.10 | 32,287.80 | 30,274.65 | 25,482.23 | 25,618.47 | 25,975.86 | 23,455.17 | 20,681.06 | 20,246.77 |
Gross Profit | 3,292.41 | 4,149.02 | 4,836.63 | 4,202.37 | 3,191.13 | 3,298.38 | 3,700.91 | 3,357.34 | 3,144.20 | 3,035.25 |
Depreciation and amortization | 162.99 | 181.12 | 187.38 | 195.12 | 189.06 | 189.79 | 186.38 | 153.60 | 159.20 | 155.75 |
Selling, general and administrative expenses | 2,217.94 | 2,412.82 | 2,567.01 | 2,435.03 | 2,087.05 | 2,191.61 | 2,303.05 | 2,163.00 | 2,052.86 | 1,986.25 |
Acquisition indemnification charge (credit) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Restructuring charges | 142.92 | 83.92 | 13.74 | 10.91 | 13.29 | 89.79 | 60.36 | 91.29 | 73.60 | 68.77 |
Impairment charge | -- | -- | -- | (4.48) | (7.22) | (698.25) | -- | (21.00) | -- | -- |
Severance charge | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Settlement of legal matter | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Preference claim | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Pre-acquisition warranty claim | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Pre-acquisition environmental matters | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Integration charge (credit) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (Loss) on disposition of businesses, net | -- | -- | -- | 0.00 | -- | (21.25) | (3.60) | -- | -- | -- |
Operating Income / (Loss) | 768.56 | 1,471.16 | 2,068.49 | 1,556.82 | 894.51 | 107.70 | 1,147.51 | 928.45 | 858.54 | 824.48 |
Interest expense, net | 269.83 | 328.72 | 185.65 | 131.73 | 137.21 | 203.74 | 214.77 | 163.81 | 150.72 | 135.40 |
Write-down of investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain (loss) on investments | (4.83) | 19.28 | (2.86) | 12.95 | 5.35 | 11.83 | (14.17) | (14.23) | -- | 2.01 |
Equity in earnings of affiliated companies | 1.37 | 6.41 | 7.66 | 3.51 | (0.53) | (2.77) | (2.33) | 3.42 | 7.57 | 7.04 |
Other | -- | -- | -- | -- | -- | -- | -- | -- | -- | (3.00) |
Gain / Loss on prepayment of debt | -- | -- | -- | -- | -- | -- | -- | (59.55) | -- | (2.94) |
Gain on bargain purchase | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Loss on extinguishment of debt | (1.66) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Employee benefit plan expense | (4.29) | (3.78) | (3.50) | (5.18) | (2.86) | (24.85) | (6.87) | -- | -- | -- |
Income Before Income Taxes And Minority Interest | 489.32 | 1,164.35 | 1,884.15 | 1,436.37 | 759.26 | (111.83) | 909.37 | 694.29 | 715.40 | 692.18 |
Current- Foreign | -- | 299.03 | 293.20 | 214.18 | 130.88 | 134.81 | -- | 134.99 | 110.21 | 85.31 |
Current: Federal | -- | 33.83 | 139.73 | 68.56 | 5.09 | 3.89 | -- | 119.88 | 45.31 | 82.53 |
Current: State | -- | 16.11 | 29.12 | 18.42 | 7.11 | (0.07) | -- | (6.16) | 7.02 | 18.02 |
Provision for income taxes | 95.81 | 254.99 | 448.99 | 325.91 | 172.80 | 88.34 | 187.80 | 287.13 | 190.67 | 191.70 |
Deferred: Federal | -- | (59.34) | (39.66) | (0.35) | 13.50 | (54.36) | -- | 31.17 | 29.97 | 12.13 |
Deferred: State | -- | (11.96) | (5.61) | (0.39) | 4.60 | (2.71) | -- | 13.53 | 7.16 | (1.83) |
Deferred: Foreign | -- | (22.68) | 32.22 | 25.48 | 11.61 | 6.78 | -- | (6.29) | (9.00) | (4.47) |
Minority interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from Discontinued Operations, Net of Taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings (loss) before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary Income / loss, net of taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income before attribution of noncontrolling interest | 393.51 | 909.36 | 1,435.16 | 1,110.47 | 586.46 | (200.17) | 721.57 | 407.16 | 524.72 | 500.49 |
Noncontrolling interests | 1.43 | 5.86 | 8.27 | 2.27 | 2.03 | 3.92 | 5.38 | 5.20 | 1.97 | 2.76 |
Adjustment for interest expense (Income) on convertible debentures, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income (loss) Available to Common Shareholders | 392.07 | 903.51 | 1,426.88 | 1,108.20 | 584.44 | (204.09) | 716.20 | 401.96 | 522.75 | 497.73 |
EPS (BASIC): Income (loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (BASIC): Income (Loss) From Discontinued Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (BASIC): Cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (BASIC): Earning / Loss from extraordinary item | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 7.36 | 16.03 | 22.01 | 15.29 | 7.49 | (2.44) | 8.19 | 4.53 | 5.75 | 5.26 |
EPS (DILUTED): Income (loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (DILUTED): Income (Loss) From Discontinued Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (DILUTED): Cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (DILUTED): Earning / Loss from extraordinary item | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 7.29 | 15.84 | 21.80 | 15.10 | 7.43 | (2.44) | 8.10 | 4.48 | 5.68 | 5.20 |
Weighted Average Shares Outstanding (Basic) | 53.28 | 56.36 | 64.84 | 72.47 | 77.99 | 83.57 | 87.48 | 88.68 | 90.96 | 94.61 |
Weighted Average Shares Outstanding (Diluted) | 53.80 | 57.04 | 65.45 | 73.39 | 78.64 | 83.57 | 88.44 | 89.77 | 92.03 | 95.69 |