Income Statement | | | | | | | | | | | | | |
| | | | | | | | | | | | Original | |
USD | Fiscal Year Ending | | Latest | |
(in millions) | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | |
| | | | | | | | | | | | | |
Net Revenue | 10,418 | 11,522 | 12,516 | 12,876 | 14,300 | 14,596 | 16,667 | 16,227 | 18,567 | 22,107 | | 22,107 | |
% Growth | NA | 10.6% | 8.6% | 2.9% | 11.1% | 2.1% | 14.2% | -2.6% | 14.4% | 19.1% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
General and Admin | (16) | (33) | (22) | (30) | (39) | 12 | (55) | (45) | (46) | (60) | | (60) | |
Other Exp / (Inc) | (9,515) | (10,307) | (11,205) | (11,853) | (12,956) | (13,885) | (15,088) | (15,273) | (17,104) | (20,763) | | (20,763) | |
Total Operating Exp | (9,531) | (10,340) | (11,227) | (11,883) | (12,995) | (13,873) | (15,143) | (15,318) | (17,150) | (20,823) | | (20,823) | |
| | | | | | | | | | | | | |
Operating Income | 888 | 1,182 | 1,289 | 993 | 1,305 | 723 | 1,524 | 909 | 1,417 | 1,284 | | 1,284 | |
% Revenue | 8.5% | 10.3% | 10.3% | 7.7% | 9.1% | 5.0% | 9.1% | 5.6% | 7.6% | 5.8% | | 5.8% | |
| | | | | | | | | | | | | |
Interest Expense | (143) | (138) | (146) | (147) | (173) | (170) | (139) | (191) | (257) | (304) | | (304) | |
Pre-tax Income | 745 | 1,044 | 1,143 | 846 | 1,132 | 553 | 1,385 | 718 | 1,160 | 980 | | 980 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Provision for Taxes | (243) | (343) | 679 | (130) | (262) | (138) | (215) | (197) | (251) | (256) | | (256) | |
Net Income to Company | 502 | 701 | 1,822 | 716 | 870 | 415 | 1,170 | 521 | 909 | 724 | | 724 | |
% Margin | 4.8% | 6.1% | 14.6% | 5.6% | 6.1% | 2.8% | 7.0% | 3.2% | 4.9% | 3.3% | | 3.3% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | | | | | | | | (4) | (7) | (7) | | (7) | |
Net Income to Stockholders | 502 | 701 | 1,822 | 716 | 870 | 415 | 1,170 | 517 | 902 | 717 | | 717 | |
| | | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
| | | | | | | | | | | | | |
Net Income to Common | 502 | 701 | 1,822 | 716 | 870 | 415 | 1,170 | 517 | 902 | 717 | | 717 | |
% Margin | 4.8% | 6.1% | 14.6% | 5.6% | 6.1% | 2.8% | 7.0% | 3.2% | 4.9% | 3.2% | | 3.2% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 7.55 | 10.91 | 28.28 | 11.24 | 13.88 | 6.35 | 17.26 | 7.73 | 13.60 | 10.90 | | 10.90 | |
Diluted EPS (Continuing Ops) | 7.46 | 10.79 | 27.71 | 11.00 | 13.62 | 6.31 | 17.13 | 7.64 | 13.44 | 10.73 | | 10.73 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 67 | 64 | 64 | 64 | 63 | 65 | 68 | 67 | 66 | 66 | | 66 | |
WA Diluted Shares Out. | 67 | 65 | 66 | 65 | 64 | 66 | 68 | 68 | 67 | 67 | | 67 | |
| | | | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 23 | 26 | 29 | 30 | 29 | 17 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Total Unusual Items | 23 | 26 | 29 | 30 | 29 | 17 | 0 | 0 | 0 | 0 | | 0 | |
% Margin | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | | 0.0% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 502 | 701 | 1,822 | 716 | 870 | 415 | 1,170 | 521 | 909 | 724 | | 724 | |
Addback: Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Adjusted Net Income | 502 | 701 | 1,822 | 716 | 870 | 415 | 1,170 | 521 | 909 | 724 | | 724 | |
% Margin | 4.8% | 6.1% | 14.6% | 5.6% | 6.1% | 2.8% | 7.0% | 3.2% | 4.9% | 3.3% | | 3.3% | |