Consolidated Statements of Earnings | |
Net sales | |
Cost of products sold | 803M |
Gross profit | 640M |
Selling and administrative expenses | 200M |
Advertising costs | 128M |
Research and development costs | 31M |
Restructuring and asset impairment costs | |
Goodwill impairment | |
Interest expense | 22M |
Other (income) expense, net | -5M |
Earnings from continuing operations before income taxes | |
Income taxes on continuing operations | |
Earnings from continuing operations | 179M |
Discontinued operations: | |
Earnings from Auto businesses, net of tax | 0 |
Gain on sale of Auto businesses, net of tax | |
Earnings from discontinued operations | |
Net earnings | 179M |
Basic | |
Continuing operations | 1.39 |
Discontinued operations | 0 |
Basic net earnings per share | 1.39 |
Diluted | |
Continuing operations | 1.36 |
Discontinued operations | 0 |
Diluted net earnings per share | 1.36 |
Weighted average shares outstanding (in thousands) | |
Basic | 129.45M |
Diluted | 132.19M |