Income StatementLTMDec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15

Total Revenues

6,459.8

6,267.4

5,907

5,475.8

4,734

4,099.4

4,245.3

3,975.5

3,311.5

2,444.5

2,163.1

Total Revenues %Chg

5.2%

6.1%

7.9%

15.7%

15.5%

-3.4%

6.8%

20.1%

35.5%

13%

7%

Cost of Sales

2,055.9

2,023

1,903.2

1,693.8

1,444.1

1,345

1,550.6

1,468.8

1,320.2

945.6

839.1

Gross Profit

4,403.9

4,244.4

4,003.7

3,782.1

3,289.9

2,754.4

2,694.8

2,506.7

1,991.3

1,498.9

1,324

Gross Profit Margin

68.2%

67.7%

67.8%

69.1%

69.5%

67.2%

63.5%

63.1%

60.1%

61.3%

61.2%

Selling, General & Administrative Expenses

3,040.9

2,884.8

2,701.5

2,480.9

2,155.7

2,039

2,103.4

1,884.1

1,599

1,089.2

962.7

Depreciation & Amortization Expenses

203.7

202.3

191.1

191.9

212.4

219

211.8

255.6

240.2

62

47.1

Other Operating Expenses

-0

1

-125.8

9.1

6.1

6.3

9.5

107.2

158.5

42.6

26.2

Operating Profit

1,009.3

1,156.3

1,236.9

1,100.1

915.8

490.2

370.1

259.7

-6.3

305.1

288

Operating Margin

15.6%

18.4%

20.9%

20.1%

19.3%

12%

8.7%

6.5%

-0.2%

12.5%

13.3%

Interest and Investment Income

—

61.6

38.5

4.9

1.9

2.1

3

2.6

3

2.4

1.8

Interest Expense

—

-131

-132.8

-126.2

-118.5

-115.6

-102.8

-126.8

-127.9

-27.6

-22.5

Non-Operating Income

16.2

300.6

4.5

48.4

170.7

-50.5

5.5

45.6

3.4

8.4

5

Total Non-Operating Income

16.2

231.1

-89.8

-72.9

54.1

-164

-94.3

-78.6

-121.5

-16.7

-15.8

Income Before Provision for Income Taxes

955.9

1,387.4

1,147.1

1,027.2

969.9

326.1

275.7

181.1

-127.8

288.4

272.2

Provision for Income Taxes

70.3

133.7

264.7

219.4

176.3

59.4

42.4

58.7

-131.1

94.8

96.6

Consolidated Net Income

885.7

1,253.7

882.5

807.8

793.6

266.7

233.3

122.5

3.3

193.6

175.6

Net Income Attributable to Discontinued Operations

—

—

—

—

—

—

—

—

—

—

—

Net Income Attributable to Common Shareholders

885.7

1,253.7

882.5

807.8

793.6

266.7

233.3

122.5

3.3

193.6

175.6

Basic EPS

11.5

16.1

11.2

10.1

9.3

3

2.6

1.4

0

2.3

2.1

Diluted EPS

11.4

16

11.1

10

9.2

3

2.6

1.3

0

2.3

2.1

Basic Weighted Average Shares Outstanding

76.7

77.8

79

80.2

85

89.3

89.8

90.8

88.5

82.6

83.9

Total Shares Outstanding

72.9

77.4

78.3

79.2

82.4

88.8

89.2

89.7

90.8

82.7

82.3

Diluted Weighted Average Shares Outstanding

77

78.3

79.7

81.1

86.2

90

91

92.1

89.8

83.8

85.1

EBITDA

1,212.9

1,358.6

1,428

1,292.1

1,128.2

709.1

581.9

515.3

233.8

367.1

335.1

Effective Tax Rate

7.4%

9.6%

23.1%

21.4%

18.2%

18.2%

15.4%

32.4%

102.6%

32.9%

35.5%