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 |
Net Sales | 5,237.10 | 6,401.40 | 6,812.20 | 5,846.20 | 4,347.50 | 4,108.40 | 5,159.20 | 4,510.00 | 4,488.50 | 4,105.70 |
Total Revenues | 5,237.10 | 6,401.40 | 6,812.20 | 5,846.20 | 4,347.50 | 4,108.40 | 5,159.20 | 4,510.00 | 4,488.50 | 4,105.70 |
Cost of sales | 3,886.30 | 4,614.40 | 4,865.00 | 4,180.20 | 3,134.50 | 2,987.40 | 3,838.20 | 3,275.30 | 3,263.40 | 2,991.10 |
Goodwill impairment charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Research and development expense | 169.60 | 185.20 | 202.90 | 154.50 | 125.90 | 121.60 | 148.80 | 138.50 | 139.20 | 125.90 |
Selling, general and administrative expense | 747.90 | 812.20 | 771.40 | 697.80 | 543.70 | 509.60 | 724.30 | 608.10 | 606.20 | 562.30 |
Pension settlement charge - lump sum payout | -- | -- | -- | -- | -- | -- | -- | 96.60 | 55.10 | 82.30 |
Restructuring, exit and other impairment charges | 121.70 | 54.70 | 25.10 | 0.80 | 4.10 | 18.80 | 80.90 | 36.60 | 15.60 | 12.40 |
Trade name impairment charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Litigation charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Operating Earnings (Loss) | 311.60 | 734.90 | 947.80 | 812.90 | 539.30 | 471.00 | 367.00 | 354.90 | 409.00 | 331.70 |
Interest expense | 126.60 | 112.40 | 98.10 | 65.90 | 67.30 | 76.00 | 46.00 | 26.40 | 27.50 | 27.80 |
Investment sale gain | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest income | 13.40 | 10.20 | 6.10 | 2.10 | 1.20 | 3.30 | 2.90 | 2.60 | 1.80 | 2.20 |
Other income (loss) | 9.00 | 7.60 | (6.10) | (6.80) | (6.10) | (2.10) | (4.30) | 6.10 | 2.10 | 5.40 |
Equity earnings | 8.60 | (11.40) | 4.00 | 2.30 | 4.50 | 7.30 | 7.70 | 6.10 | 4.30 | 3.70 |
Income (Loss) on early extinguishment of debt | (12.70) | -- | (0.10) | (4.20) | -- | -- | -- | -- | -- | -- |
Transaction financing charges | -- | -- | -- | (4.00) | -- | -- | (5.10) | -- | -- | -- |
Pension settlement charge | -- | -- | -- | -- | 1.10 | (292.80) | -- | -- | -- | -- |
Earnings before income taxes | 203.30 | 628.90 | 853.60 | 736.40 | 472.70 | 110.70 | 322.20 | 343.30 | 389.70 | 315.20 |
Current- U.S. Federal | 20.20 | 88.70 | -- | 84.30 | 66.90 | 94.50 | (0.60) | 11.00 | 25.00 | 24.70 |
Current- Foreign | 41.60 | 73.90 | -- | 67.30 | 38.90 | 29.30 | 29.10 | 20.60 | 23.20 | 17.00 |
Income tax (benefit) provision | 54.00 | 196.30 | 172.30 | 141.00 | 98.00 | 80.30 | 59.10 | 156.00 | 115.30 | 87.80 |
Deferred: Foreign | (14.20) | (11.00) | -- | (11.00) | (1.40) | (0.60) | (0.80) | (1.90) | (0.20) | (0.30) |
Deferred- U.S. Federal | (13.10) | 17.20 | -- | (4.90) | (17.30) | (19.70) | 24.30 | 118.50 | 56.10 | 40.70 |
Current: State and local | 7.80 | 17.30 | -- | 11.20 | 9.80 | 6.30 | 5.50 | 6.00 | 4.60 | 2.50 |
Deferred: State and Local | 11.70 | 10.20 | -- | (5.90) | 1.10 | (29.50) | 1.60 | 1.80 | 6.60 | 3.20 |
Income (loss) from Continuing Operations | 149.30 | 432.60 | 681.30 | 595.40 | 374.70 | 30.40 | 263.10 | 187.30 | 274.40 | 227.40 |
Income (loss) from discontinued operations, net of tax | (19.20) | (12.20) | (4.30) | (2.10) | (0.50) | (117.50) | 2.20 | (40.90) | 1.60 | 1.20 |
Loss from disposal of discontinued operations, net of tax | -- | -- | -- | -- | (1.50) | (43.90) | -- | -- | -- | 12.80 |
Impairment charges on assets held for sale, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of change in accounting principle, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net earnings allocable to Common Units | 130.10 | 420.40 | 677.00 | 593.30 | 372.70 | (131.00) | 265.30 | 146.40 | 276.00 | 241.40 |
Earnings from continuing operations (BASIC) | 2.22 | 6.16 | 9.11 | 7.65 | 4.73 | 0.36 | 3.00 | 2.10 | 3.01 | 2.45 |
EPS (Basic) : Disc Ops | (0.28) | (0.17) | -- | -- | (0.03) | -- | 0.03 | (0.46) | 0.02 | 0.15 |
Loss from disposal of discontinued operations | -- | -- | (0.06) | (0.02) | -- | (1.90) | -- | -- | -- | -- |
Cumulative effect of change in accounting principle- Basic | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 1.94 | 5.99 | 9.05 | 7.63 | 4.70 | (1.54) | 3.03 | 1.64 | 3.03 | 2.60 |
Earnings from continuing operations (DILUTED) | 2.21 | 6.13 | 9.06 | 7.59 | 4.70 | 0.36 | 2.98 | 2.08 | 2.98 | 2.41 |
EPS (Diluted) : Disc Ops | (0.28) | -- | -- | -- | (0.02) | -- | 0.03 | (0.46) | 0.02 | 0.15 |
Loss from disposal of discontinued operations | -- | (0.17) | (0.06) | (0.02) | -- | (1.89) | -- | -- | -- | -- |
Cumulative effect of change in accounting principle- Diluted | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 1.93 | 5.96 | 9.00 | 7.57 | 4.68 | (1.53) | 3.01 | 1.62 | 3.00 | 2.56 |
Weighted Average Shares Outstanding (Basic) | 67.20 | 70.20 | 74.80 | 77.80 | 79.20 | 85.20 | 87.60 | 89.40 | 91.20 | 93.00 |
Weighted Average Shares Outstanding (Diluted) | 67.40 | 70.50 | 75.20 | 78.40 | 79.70 | 85.60 | 88.20 | 90.10 | 92.00 | 94.30 |