## Founding Date | 1936 |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Revenue | 12.2b | 13.1b | 13.2b | 15.0b | 3.9b |

## Cost of goods sold | 10.5b | 11.5b | 11.9b | ||

## Gross profit | 1.7b | 1.5b | 1.3b | ||

| 14% | 12% | 10% | ||

## Sales and marketing expense | 122.9m | 143.1m | |||

## R&D expense | 75.9m | 80.9m | |||

## General and administrative expense | 789.8m | 816.9m | 815.4m | ||

## Operating expense total | 619.1m | 826.8m | 800.4m | 844.0m | |

## EBIT | 1.1b | 722.6m | 519.3m | 931.6m | 265.8m |

| 9% | 6% | 4% | 6% | 7% |

## Interest expense | 245.4m | 176.7m | 168.7m | ||

## Investment income | 50.1m | (9.9m) | 15.0m | ||

## Income tax expense | 236.1m | 172.4m | 46.1m | ||

## Net Income | 521.0m | 361.3m | 183.8m | 556.1m |

USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q1, 2015 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 3.0b | 3.2b | 3.1b | 3.3b | 3.5b | 3.1b | 3.2b | 3.6b | 4.1b | 3.8b | 4.2b |

## Cost of goods sold | 2.6b | 2.7b | 2.7b | 2.9b | 3.1b | 2.8b | 2.8b | 3.3b | 3.1b | 3.2b | |

## Gross profit | 432.7m | 457.2m | 407.1m | 419.6m | 379.8m | 332.2m | 377.3m | 328.8m | 1.0b | 969.9m | |

| 14% | 14% | 13% | 13% | 11% | 11% | 12% | 9% | 25% | 23% | |

## General and administrative expense | 172.8m | 220.3m | 238.7m | 200.8m | 187.3m | 201.1m | 205.7m | 198.9m | 205.2m | 221.9m | |

## Operating expense total | 154.6m | 84.5m | 233.9m | 194.9m | 209.3m | 200.4m | 199.0m | 192.5m | 206.9m | 217.9m | |

## EBIT | 278.1m | 372.7m | 173.2m | 224.7m | 170.5m | 131.8m | 178.3m | 136.3m | 97.3m | 188.2m | |

| 9% | 12% | 6% | 7% | 5% | 4% | 6% | 4% | 2% | 5% | |

## Interest expense | 65.5m | 60.3m | 48.1m | 44.2m | 42.3m | 42.5m | 41.5m | 40.6m | 41.8m | 34.7m | |

## Investment income | 18.2m | 15.2m | 4.8m | 5.9m | (22.0m) | 700.0k | 6.7m | 6.4m | (1.7m) | 4.0m | |

## Income tax expense | 61.6m | 95.7m | 41.8m | 53.4m | 44.6m | 27.6m | 5.2m | 14.2m | 16.0m | 43.7m | |

## Net Income | 143.7m | 202.6m | 82.1m | 120.7m | 79.0m | 61.7m | 10.9m | 81.5m | 39.5m | 97.0m |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Cash | 374.7m | 324.3m | 704.9m | ||

## Accounts Receivable | 709.6m | 624.7m | 760.0m | ||

## Prepaid Expenses | 233.7m | 277.6m | |||

## Inventories | 2.0b | 2.1b | 2.1b | ||

## Current Assets | 3.3b | 3.3b | 3.7b | ||

## PP&E | 2.3b | 2.3b | 2.9b | ||

## Goodwill | 793.3m | 768.2m | 1.6b | 1.6b | |

## Total Assets | 7.6b | 7.4b | 10.1b | 9.9b | |

## Accounts Payable | 434.4m | 415.8m | 686.1m | ||

## Short-term debt | 143.7m | 62.5m | 30.3m | ||

## Current Liabilities | 1.2b | 1.1b | 1.5b | ||

## Long-term debt | 2.0b | 1.9b | 2.3b | ||

## Total Debt | 2.1b | 1.9b | 2.5b | 2.7b | 2.3b |

## Common Stock | 83.0m | 78.7m | |||

## Preferred Stock | |||||

## Additional Paid-in Capital | 1.6b | 1.6b | 4.2b | ||

## Retained Earnings | 2.1b | 2.3b | 1.0b | ||

## Total Equity | 3.5b | 3.4b | 4.8b | ||

## Debt to Equity Ratio | 0.6 x | 0.6 x | 0.5 x | ||

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.2 x | |

## Financial Leverage | 2.1 x | 2.2 x | 2.1 x |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Net Income | 521.0m | 361.3m | 183.8m | 556.1m | |

## Depreciation and Amortization | 231.9m | 242.8m | 239.9m | 55.4m | |

## Accounts Receivable | 63.8m | (47.8m) | 39.9m | (38.0m) | |

## Inventories | 178.4m | 89.8m | 273.9m | 200.0m | |

## Accounts Payable | 36.6m | 2.5m | 14.7m | 107.0m | |

## Cash From Operating Activities | 616.4m | 570.1m | 172.7m | 459.3m | |

## Purchases of PP&E | (176.8m) | (290.7m) | (278.0m) | (301.4m) | |

## Capital Expenditures | (69.9m) | ||||

## Cash From Investing Activities | 254.3m | (286.6m) | (303.7m) | (5.0b) | |

## Long-term Borrowings | (944.5m) | (152.7m) | (716.5m) | ||

## Cash From Financing Activities | (945.6m) | (328.4m) | 115.7m | 4.4b | |

## Net Change in Cash | (76.5m) | (50.4m) | (13.7m) | ||

## Interest Paid | 149.6m | 147.9m | |||

## Income Taxes Paid | 225.7m | 3.7m | |||

## Free Cash Flow | 529.2m |

USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q1, 2014 | Q1, 2015 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 220.0m | 422.6m | 82.1m | 202.8m | 281.8m | 61.7m | 72.6m | 154.1m | 39.5m | 97.0m | |

## Depreciation and Amortization | 116.9m | 174.2m | 61.5m | 122.3m | 182.4m | 58.8m | 117.7m | 176.1m | 62.9m | 58.0m | |

## Cash From Operating Activities | 237.8m | 390.6m | (64.2m) | (66.3m) | 210.7m | 67.3m | (190.5m) | 55.0m | 13.1m | (4.5m) | |

## Purchases of PP&E | (68.3m) | (112.1m) | (62.9m) | (139.4m) | (199.0m) | (61.2m) | (127.7m) | (194.9m) | (76.4m) | (67.7m) | |

## Cash From Investing Activities | (37.5m) | 280.6m | (59.0m) | (124.7m) | (189.2m) | (61.2m) | (153.5m) | (217.5m) | (123.3m) | (27.0m) | (79.8m) |

## Short-term Borrowings | 14.6m | ||||||||||

## Long-term Borrowings | (230.7m) | (550.1m) | (81.1m) | (124.1m) | (149.7m) | (4.2m) | (711.4m) | (714.6m) | (457.2m) | (408.6m) | |

## Cash From Financing Activities | (222.8m) | (541.7m) | (100.2m) | (45.7m) | (227.9m) | (118.6m) | 144.3m | (26.4m) | (8.2m) | (278.2m) | |

## Net Change in Cash | (22.0m) | 126.7m | (224.8m) | (238.3m) | (211.1m) | (116.2m) | (200.7m) | (185.7m) | (117.8m) | (366.6m) |