Financials
Value 202020212022202320242025 TTM Selling/general/admin expenses 489 M636 M956 M1.13 B1.55 B1.65 B 862.3 M Research & development —————— — Operating income -329 M-131 M101 M126 M92 M80 M 70.3 M Non-Operating Income, Total -40 M-54 M-34 M-1 M-5 M-35 M -36.6 M Interest expense, net of interest capitalized 35 M45 M44 M44 M46 M63 M 66.7 M Non-Operating Income, excl. Interest Expenses -67 M-89 M-73 M-41 M2 M-23 M -29.1 M Unusual income/expense -8 M-10 M-5 M-4 M-7 M-12 M -7.5 M Pretax income -369 M-185 M67 M125 M87 M45 M 33.7 M Equity in earnings -3 M-3 M-2 M-2 M-2 M-2 M — Taxes -80 M-37 M47 M115 M82 M5 M 15.1 M Non-controlling/minority interest —————— — After tax other income/expense -11 M-19 M-7 M-9 M-9 M-18 M -13.9 M Net income before discontinued operations -289 M-148 M20 M10 M5 M40 M 18.6 M Discontinued operations —————— — Net income -289 M-148 M20 M10 M5 M40 M 18.6 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders -289 M-148 M21 M11 M6 M41 M 18.6 M Basic earnings per share (Basic EPS) -2.14-1.080.140.070.040.32 0.12 Diluted earnings per share (Diluted EPS) -2.14-1.080.140.080.040.31 0.11 Average basic shares outstanding 134.86 M137.23 M139.92 M139.41 M139.08 M124.52 M — Diluted shares outstanding 134.86 M137.23 M145.67 M144.81 M145.04 M130.95 M — EBITDA -259 M-64 M124 M145 M108 M93 M — EBIT -329 M-131 M101 M126 M92 M80 M 70.5 M Cost of revenue 55 M74 M116 M149 M128 M145 M 150.8 M Other cost of goods sold 55 M74 M116 M149 M131 M145 M 151 M Depreciation & amortization (cash flow) 70 M67 M23 M19 M16 M13 M —