Financial Summary (All financials)
| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 733.7 | 980.6 | 1,083.2 | 1,485.7 | 1,600.3 | 2,419.4 | 2,814.7 | 2,920.4 |
| Revenue growth | -25.2% | -9.5% | -27.1% | -7.2% | -33.9% | -14.0% | -3.6% | -2.2% |
| Cost of goods sold | 1,886.8 | 1,263.0 | 1,077.5 | 1,184.4 | 34.0 | 1,779.1 | 2,056.2 | 2,035.6 |
| Gross profit | -1,153.1 | -282.3 | 5.7 | 301.3 | 1,566.3 | 640.3 | 758.5 | 884.8 |
| Gross margin | -157.2% | -28.8% | 0.5% | 20.3% | 97.9% | 26.5% | 26.9% | 30.3% |
| Selling, general and administrative | 0.0 | 0.0 | | | | | | |
| General and administrative | 0.0 | 0.0 | 85.4 | 74.5 | 63.6 | 66.5 | 81.8 | 64.8 |
| EBIT | -1,153.1 | -282.3 | -79.7 | 226.8 | 325.1 | 573.9 | 676.6 | 797.5 |
| EBIT margin | -157.2% | -28.8% | -7.4% | 15.3% | 20.3% | 23.7% | 24.0% | 27.3% |
| Pre-tax income | -1,276.1 | -402.0 | -226.6 | -21.4 | -468.3 | -381.3 | 515.2 | 774.2 |
| Income taxes | -21.2 | -44.8 | -46.4 | -39.8 | -95.8 | -107.1 | 128.2 | 225.6 |
| Tax rate | 1.7% | 11.1% | 20.5% | 185.6% | 20.5% | 28.1% | 24.9% | 29.1% |
| Net income | -1,254.9 | -357.2 | -180.3 | 18.3 | -372.5 | -274.3 | 387.0 | 548.7 |
| Net margin | -171.0% | -36.4% | -16.6% | 1.2% | -23.3% | -11.3% | 13.7% | 18.8% |
| |
| Diluted EPS | ($9.09) | ($2.60) | ($1.31) | $0.13 | ($2.72) | ($2.00) | $2.81 | $3.95 |
| Shares outstanding (diluted) | 138.0 | 137.7 | 137.4 | 137.3 | 137.2 | 137.2 | 137.5 | 139.1 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|