Summary Financials - Annual Income Statement

  Year Ending Sep 2021 (Update) Year Ending Sep 2020 (Update) Year Ending Sep 2019 (Update) Year Ending Sep 2018 (Update) Year Ending Sep 2017 (Restated)
Net Sales 3,409.00 2,614.00 3,337.00 3,242.00 2,717.00
Revenue 3,409.00 2,614.00 3,337.00 3,242.00 2,717.00
Total Revenue 3,409.00 2,614.00 3,337.00 3,242.00 2,717.00
Cost of Revenue 2,603.00 2,108.00 2,643.00 2,492.00 2,052.00
Cost of Revenue, Total 2,603.00 2,108.00 2,643.00 2,492.00 2,052.00
Gross Profit 806.00 506.00 694.00 750.00 665.00
Selling/General/Administrative Expense 269.00 222.00 274.00 285.00 245.00
Labor & Related Expense 17.00 7.00 9.00 19.00 14.00
Selling/General/Administrative Expenses, Total 286.00 229.00 283.00 304.00 259.00
Research & Development 55.00 57.00 60.00 66.00 56.00
Restructuring Charge 11.00 19.00 16.00 -30.00 3.00
Litigation -- 50.00 -- -- --
Impairment-Assets Held for Use -- -- 29.00 254.00 0.00
Impairment-Assets Held for Sale -- -- 11.00 -- --
Other Unusual Expense (Income) 0.00 130.00 -- -- --
Unusual Expense (Income) 11.00 199.00 56.00 224.00 3.00
Total Operating Expense 2,955.00 2,593.00 3,042.00 3,086.00 2,370.00
Operating Income 454.00 21.00 295.00 156.00 347.00
Interest Expense - Non-Operating -49.00 -53.00 -59.00 -54.00 -53.00
Interest Expense, Net Non-Operating -49.00 -53.00 -59.00 -54.00 -53.00
Interest Income, Non-Operating 8.00 8.00 9.00 10.00 9.00
Interest/Investment Income, Non-Operating 8.00 8.00 9.00 10.00 9.00
Interest Income (Expense), Net-Non-Operating, Total -41.00 -45.00 -50.00 -44.00 -44.00
Other Non-Operating Income (Expense) -7.00 -9.00 10.00 5.00 -4.00
Other, Net -7.00 -9.00 10.00 5.00 -4.00
Net Income Before Taxes 406.00 -33.00 255.00 117.00 299.00
Income Tax – Total 125.00 198.00 70.00 34.00 33.00
Income After Tax 281.00 -231.00 185.00 83.00 266.00
Minority Interest -36.00 -17.00 -29.00 -39.00 -25.00
Equity In Affiliates 3.00 3.00 1.00 2.00 7.00
Net Income Before Extraordinary Items 248.00 -245.00 157.00 46.00 248.00
Discontinued Operations -- -- -- 0.00 0.00
Extraordinary Item 2.00 7.00 0.00 -159.00 --
Total Extraordinary Items 2.00 7.00 0.00 -159.00 0.00
Net Income 250.00 -238.00 157.00 -113.00 248.00
Preferred Dividends -1.00 -- -3.00 -1.00 --
Miscellaneous Earnings Adjustment -2.00 -- 1.00 0.00 -2.00
Total Adjustments to Net Income -3.00 -- -2.00 -1.00 -2.00
Income Available to Common Excluding Extraordinary Items 245.00 -245.00 155.00 45.00 246.00
Income Available to Common Stocks Including Extraordinary Items 247.00 -238.00 155.00 -114.00 246.00
Basic Weighted Average Shares 56.70 56.60 58.70 61.70 62.30
Basic EPS Excluding Extraordinary Items 4.32 -4.33 2.64 0.73 3.95
Basic EPS Including Extraordinary Items 4.36 -4.20 2.64 -1.85 3.95
Dilution Adjustment -- -- -- -- --
Diluted Net Income 247.00 -238.00 155.00 -114.00 246.00
Diluted Weighted Average Shares 56.80 56.60 58.80 61.70 62.70
Diluted EPS Excluding Extraordinary Items 4.31 -4.33 2.64 0.73 3.92
Diluted EPS Including Extraordinary Items 4.35 -4.20 2.64 -1.85 3.92
DPS - Common Stock Primary Issue 1.40 1.40 1.36 1.29 1.23
Gross Dividends - Common Stock 80.00 80.00 80.00 80.00 77.00
Litigation Charge, Supplemental 25.00 -- 21.00 16.00 -1.00
Other Unusual Expense (Income), Supplemental 9.00 15.00 6.00 2.00 0.00
Non-Recurring Items, Total 34.00 15.00 27.00 18.00 -1.00
Total Special Items 45.00 214.00 83.00 242.00 2.00
Normalized Income Before Taxes 451.00 181.00 338.00 359.00 301.00
Effect of Special Items on Income Taxes 13.85 74.90 22.78 70.32 0.22
Income Taxes Excluding Impact of Special Items 138.85 272.90 92.78 104.32 33.22
Normalized Income After Taxes 312.15 -91.90 245.22 254.68 267.78
Normalized Income Available to Common 276.15 -105.90 215.22 216.68 247.78
Basic Normalized EPS 4.87 -1.87 3.67 3.51 3.98
Diluted Normalized EPS 4.86 -1.87 3.66 3.51 3.95
Amortization of Intangibles, Supplemental 8.00 7.00 6.00 7.00 8.00
Depreciation, Supplemental 152.00 151.00 142.00 142.00 147.00
Interest Expense, Supplemental 49.00 53.00 59.00 54.00 53.00
Rental Expense, Supplemental 25.00 32.00 27.00 32.00 33.00
Stock-Based Compensation, Supplemental 20.00 9.00 11.00 22.00 16.00
Equity in Affiliates, Supplemental 3.00 3.00 1.00 2.00 7.00
Minority Interest, Supplemental -36.00 -17.00 -29.00 -39.00 -25.00
Research & Development Expense, Supplemental 55.00 57.00 60.00 66.00 56.00
Audit-Related Fees, Supplemental -- 4.83 4.86 5.47 4.56
Audit-Related Fees -- 0.15 0.11 0.46 0.85
Tax Fees, Supplemental -- 0.00 0.00 0.01 0.00
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00 0.00
Gross Margin 23.64 19.36 20.80 23.13 24.48
Operating Margin 13.32 0.80 8.84 4.81 12.77
Pretax Margin 11.91 -1.26 7.64 3.61 11.00
Effective Tax Rate 30.79 -- 27.45 29.06 11.04
Net Profit Margin 7.19 -9.37 4.64 1.39 9.05
Normalized EBIT 499.00 235.00 378.00 398.00 349.00
Normalized EBITDA 659.00 393.00 526.00 547.00 504.00
Current Tax - Domestic 13.00 6.00 2.00 -124.00 5.00
Current Tax - Foreign 103.00 62.00 95.00 88.00 -26.00
Current Tax - Total 116.00 68.00 97.00 -36.00 -21.00
Deferred Tax - Domestic -1.00 139.00 -30.00 93.00 59.00
Deferred Tax - Foreign 10.00 -9.00 3.00 -23.00 -5.00
Deferred Tax - Total 9.00 130.00 -27.00 70.00 54.00
Income Tax - Total 125.00 198.00 70.00 34.00 33.00
Interest Cost - Domestic 0.00 4.00 5.00 5.00 --
Service Cost - Domestic 0.00 1.00 1.00 1.00 --
Prior Service Cost - Domestic -- -- 0.00 0.00 --
Expected Return on Assets - Domestic 0.00 -3.00 -9.00 -10.00 --
Actuarial Gains and Losses - Domestic 0.00 0.00 0.00 0.00 --
Curtailments & Settlements - Domestic 4.00 3.00 0.00 0.00 --
Other Pension, Net - Domestic -- -- -- -- --
Domestic Pension Plan Expense 4.00 5.00 -3.00 -4.00 --
Interest Cost - Foreign 3.00 3.00 5.00 7.00 --
Service Cost - Foreign 6.00 5.00 7.00 9.00 --
Prior Service Cost - Foreign -- -- 2.00 0.00 --
Expected Return on Assets - Foreign -10.00 -9.00 -10.00 -15.00 --
Actuarial Gains and Losses - Foreign 3.00 3.00 2.00 3.00 --
Curtailments & Settlements - Foreign 1.00 1.00 -7.00 0.00 --
Other Pension, Net - Foreign -- -- -- -- --
Foreign Pension Plan Expense 3.00 3.00 -1.00 4.00 --
Interest Cost - Post-Retirement 0.00 1.00 2.00 2.00 --
Service Cost - Post-Retirement -- -- 0.00 0.00 --
Prior Service Cost - Post-Retirement -- -- -2.00 -3.00 --
Expected Return on Assets - Post-Retirement -- -- -- -- --
Actuarial Gains and Losses - Post-Retirement 0.00 0.00 -1.00 -1.00 --
Curtailments & Settlements - Post-Retirement -- -- 0.00 0.00 --
Post-Retirement Plan Expense 0.00 1.00 -1.00 -2.00 --
Defined Contribution Expense - Domestic -- -- -- -- --
Total Pension Expense 7.00 9.00 -5.00 -2.00 --
Discount Rate - Domestic 2.50 2.60 4.20 3.60 --
Discount Rate - Foreign 1.70 1.80 2.40 2.40 --
Expected Rate of Return - Domestic 0.00 2.50 6.30 6.80 --
Expected Rate of Return - Foreign 4.60 5.20 4.90 4.90 --
Compensation Rate - Domestic -- -- -- -- --
Compensation Rate - Foreign 3.00 3.00 2.70 2.70 --
Total Plan Interest Cost 3.00 8.00 12.00 14.00 --
Total Plan Service Cost 6.00 6.00 8.00 10.00 --
Total Plan Expected Return -10.00 -12.00 -19.00 -25.00 --
Total Plan Other Expense -- -- -- -- --
For a more complete picture of our financial results, please review our SEC Filings

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In millions of USD (except for per share items)