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 | 4,707.40 | 4,730.20 | 4,492.80 | 4,252.00 | 3,592.50 | 3,730.00 | 3,740.70 | 3,686.90 | 3,430.40 | 3,352.80 |
Financial services revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Total Revenues | 4,707.40 | 4,730.20 | 4,492.80 | 4,252.00 | 3,592.50 | 3,730.00 | 3,740.70 | 3,686.90 | 3,430.40 | 3,352.80 |
Cost of goods sold | 2,329.50 | 2,381.10 | 2,311.70 | 2,141.20 | 1,844.00 | 1,886.00 | 1,870.70 | 1,862.00 | 1,720.80 | 1,704.50 |
Cost of goods sold - non-recurring charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gross Profit | 2,377.90 | 2,349.10 | 2,181.10 | 2,110.80 | 1,748.50 | 1,844.00 | 1,870.00 | 1,824.90 | 1,709.60 | 1,648.30 |
Operating expenses | 1,309.10 | 1,309.20 | 1,239.90 | 1,259.30 | 1,116.60 | 1,127.60 | 1,144.00 | 1,160.90 | 1,054.10 | 1,053.70 |
Restructuring and other non-recurring charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net finance income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Financial services expenses | (124.10) | (107.60) | (83.70) | (77.70) | (101.10) | (91.80) | (99.60) | (95.90) | (82.70) | (70.10) |
Arbitration settlement | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Financial services revenue | 401.00 | 378.10 | 349.70 | 349.70 | 349.70 | 337.70 | 329.70 | 313.40 | 281.40 | 240.30 |
Operating Income (Loss) | 1,345.70 | 1,310.40 | -- | 1,123.50 | -- | 962.30 | 956.10 | 881.50 | -- | 764.80 |
Interest expense | 49.60 | 49.90 | 47.10 | 53.10 | 54.00 | 49.00 | 50.40 | 52.40 | 52.20 | 51.90 |
Other income (expense) - net | 77.00 | 67.50 | 42.50 | 16.50 | 8.70 | 8.80 | 4.20 | (7.20) | (0.60) | (2.40) |
Pre-Tax Income - Foreign | 184.90 | 184.30 | 173.90 | 175.50 | 119.30 | 156.80 | 174.50 | 176.40 | 157.40 | 132.10 |
Pre-Tax Income - U.S | 1,188.20 | 1,143.70 | 1,028.70 | 911.40 | 715.90 | 765.30 | 735.40 | 645.50 | 644.00 | 578.40 |
Pre-Tax Income | 1,373.10 | 1,328.00 | 1,202.60 | 1,086.90 | 835.20 | 922.10 | 909.90 | 821.90 | 801.40 | 710.50 |
Current-State | 41.20 | 41.50 | 48.40 | 37.50 | 30.60 | 29.50 | 30.40 | 30.60 | 27.20 | 19.70 |
Current- Foreign | 50.40 | 55.20 | 45.20 | 48.20 | 29.90 | 38.10 | 52.40 | 41.10 | 39.90 | 40.80 |
Deferred- Foreign | 0.10 | (3.90) | (2.10) | (0.30) | 3.00 | 1.50 | (8.40) | 2.90 | (6.70) | 3.90 |
Deferred:Federal | (8.60) | (14.50) | (8.50) | 6.10 | (10.00) | 26.60 | 18.70 | 8.70 | 6.30 | (8.70) |
Deferred:State | 0.30 | (0.30) | 0.30 | 2.60 | (1.20) | 6.10 | 3.40 | 0.70 | 1.70 | (0.30) |
Current-Federal | 220.80 | 215.40 | 185.40 | 152.90 | 136.80 | 110.00 | 117.90 | 166.90 | 175.90 | 165.80 |
Provision for Income Taxes - Total | 304.20 | 293.40 | 268.70 | 247.00 | 189.10 | 211.80 | 214.40 | 250.90 | 244.30 | 221.20 |
Earnings before minority interests and equity earnings (loss) | -- | -- | -- | -- | -- | -- | -- | -- | 557.10 | -- |
Minority interests and equity earnings (loss), net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Equity earnings, net of tax | -- | -- | -- | 1.50 | 0.30 | 0.90 | 0.70 | 1.20 | 2.50 | 1.30 |
Net earnings from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Discontinued operations, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings before cumulative effect of a change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of a change in accounting principle, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings | -- | 1,034.60 | 933.90 | 841.40 | 646.40 | 711.20 | -- | 572.20 | 559.60 | 490.60 |
NET INCOME (LOSS) BEFORE PREFERRED DIVIDEND & OTHER ADJUSTMENTS | 1,068.90 | -- | -- | -- | -- | -- | 696.20 | -- | -- | -- |
Net earnings attributable to noncontrolling interests | 25.00 | 23.50 | 22.20 | 20.90 | 19.40 | 17.70 | 16.30 | 14.50 | 13.20 | 11.90 |
Net Income (Loss) Available to Common Shareholders | 1,043.90 | 1,011.10 | 911.70 | 820.50 | 627.00 | 693.50 | 679.90 | 557.70 | 546.40 | 478.70 |
Earnings before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per share, continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings (loss) per share, discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of a change in accounting principle, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 19.85 | 19.11 | 17.14 | 15.22 | 11.55 | 12.59 | 12.08 | 9.72 | 9.40 | 8.24 |
Earnings before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per share, continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings (loss) per share, discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of a change in accounting principle, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 19.51 | 18.76 | 16.82 | 14.92 | 11.44 | 12.41 | 11.87 | 9.52 | 9.20 | 8.10 |
Weighted Average Shares Outstanding (Basic) | 52.60 | 52.90 | 53.20 | 53.90 | 54.30 | 55.10 | 56.30 | 57.40 | 58.10 | 58.10 |
Weighted Average Shares Outstanding (Diluted) | 53.50 | 53.90 | 54.20 | 55.00 | 54.80 | 55.90 | 57.30 | 58.60 | 59.40 | 59.10 |