Financials
Value 202020212022202320242025 TTM Selling/general/admin expenses ————313 M332 M 364 M Research & development ————49 M51 M 53 M Operating income ————517 M756 M 1.09 B Non-Operating Income, Total ————-42 M-77 M -42 M Interest expense, net of interest capitalized ————106 M111 M 120 M Non-Operating Income, excl. Interest Expenses ————-148 M-188 M -162 M Unusual income/expense —————— — Pretax income ————135 M408 M 776 M Equity in earnings —————— — Taxes ————75 M133 M 231 M Non-controlling/minority interest ————4 M2 M 0 After tax other income/expense ————-39 M-44 M -26 M Net income before discontinued operations ————56 M273 M 545 M Discontinued operations —————— — Net income ————56 M273 M 545 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders ————56 M273 M 545 M Basic earnings per share (Basic EPS) ————0.381.95 3.98 Diluted earnings per share (Diluted EPS) ————0.381.92 3.87 Average basic shares outstanding ————145.72 M139.68 M — Diluted shares outstanding ————148 M141.94 M — EBITDA ————829 M1.09 B 1.43 B EBIT ————517 M756 M 1.09 B Cost of revenue ————6.4 B7.26 B 8.02 B Other cost of goods sold ————6.4 B7.26 B 8.02 B Depreciation & amortization (cash flow) ————304 M330 M 337 M