Fundamentals - Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Net Sales 2,960.56 2,717.08 2,602.08 2,550.82 2,490.82
Revenue 2,960.56 2,717.08 2,602.08 2,550.82 2,490.82
Total Revenue 2,960.56 2,717.08 2,602.08 2,550.82 2,490.82
Cost of Revenue 1,094.40 1,022.60 962.04 921.23 904.34
Cost of Revenue, Total 1,094.40 1,022.60 962.04 921.23 904.34
Gross Profit 1,866.16 1,694.47 1,640.04 1,629.59 1,586.49
Selling/General/Administrative Expense 140.78 121.72 113.72 105.23 96.32
Selling/General/Administrative Expenses, Total 140.78 121.72 113.72 105.23 96.32
Depreciation 677.76 645.65 617.55 694.40 639.54
Depreciation/Amortization 677.76 645.65 617.55 694.40 639.54
Impairment-Assets Held for Use 24.04 11.81 0.00 1.78 0.00
Other Unusual Expense (Income) 31.52 18.09 0.17 -56.61 23.30
Unusual Expense (Income) 55.56 29.91 0.17 -54.83 23.30
Total Operating Expense 1,968.50 1,819.88 1,693.47 1,666.04 1,663.50
Operating Income 992.06 897.20 908.61 884.78 827.33
Interest Expense - Non-Operating -412.72 -443.97 -435.55 -452.09 -466.41
Interest Capitalized - Non-Operating -- 65.80 61.07 39.24 34.21
Interest Expense, Net Non-Operating -412.72 -378.17 -374.48 -412.85 -432.20
Interest Income, Non-Operating 18.94 10.82 5.78 7.23 6.78
Investment Income, Non-Operating 53.01 0.36 14.91 10.21 22.12
Interest/Investment Income, Non-Operating 71.95 11.18 20.69 17.44 28.89
Interest Income (Expense), Net-Non-Operating, Total -340.77 -366.99 -353.79 -395.41 -403.30
Gain (Loss) on Sale of Assets 0.71 182.36 7.66 80.61 375.90
Net Income Before Taxes 652.00 712.56 562.48 569.98 799.92
Income Tax – Total -- -- -- -- --
Income After Tax 652.00 712.56 562.48 569.98 799.92
Minority Interest -130.47 -129.72 -100.04 -57.19 -216.81
Net Income Before Extraordinary Items 521.53 582.85 462.44 512.79 583.11
Discontinued Operations -- -- -- -- 0.00
Total Extraordinary Items -- -- -- -- 0.00
Net Income 521.53 582.85 462.44 512.79 583.11
Preferred Dividends -10.50 -10.50 -10.50 -10.50 -10.50
Total Adjustments to Net Income -10.50 -10.50 -10.50 -10.50 -10.50
Income Available to Common Excluding Extraordinary Items 511.03 572.35 451.94 502.29 572.61
Income Available to Common Stocks Including Extraordinary Items 511.03 572.35 451.94 502.29 572.61
Basic Weighted Average Shares 154.58 154.43 154.19 153.72 153.47
Basic EPS Excluding Extraordinary Items 3.31 3.71 2.93 3.27 3.73
Basic EPS Including Extraordinary Items 3.31 3.71 2.93 3.27 3.73
Dilution Adjustment -- -- -- -- 0.00
Diluted Net Income 511.03 572.35 451.94 502.29 572.61
Diluted Weighted Average Shares 154.88 154.68 154.39 153.98 153.84
Diluted EPS Excluding Extraordinary Items 3.30 3.70 2.93 3.26 3.72
Diluted EPS Including Extraordinary Items 3.30 3.70 2.93 3.26 3.72
DPS - Common Stock Primary Issue 3.80 3.35 3.00 2.60 2.60
Gross Dividends - Common Stock 602.66 550.97 480.82 425.53 601.59
Total Special Items 54.85 -152.45 -7.49 -135.44 -352.60
Normalized Income Before Taxes 706.85 560.11 554.99 434.54 447.32
Effect of Special Items on Income Taxes 0.00 0.00 0.00 0.00 0.00
Income Taxes Excluding Impact of Special Items 0.00 0.00 0.00 0.00 0.00
Normalized Income After Taxes 706.85 560.11 554.99 434.54 447.32
Normalized Income Available to Common 565.89 419.90 444.45 366.85 220.01
Basic Normalized EPS 3.66 2.72 2.88 2.39 1.43
Diluted Normalized EPS 3.65 2.71 2.88 2.38 1.43
Funds From Operations - REIT 1,085.84 974.49 959.41 927.75 823.72
Depreciation, Supplemental 677.76 645.65 617.55 694.40 639.54
Interest Expense, Supplemental 357.86 378.17 374.48 412.85 432.20
Interest Capitalized, Supplemental -54.90 -65.80 -61.07 -39.24 -34.21
Rental Expense, Supplemental 14.57 -- -- -- --
Stock-Based Compensation, Supplemental 40.96 40.12 35.36 32.91 29.18
Equity in Affiliates, Supplemental 46.59 2.22 11.23 8.07 22.77
Minority Interest, Supplemental -130.47 -129.72 -100.04 -57.19 -216.81
Audit-Related Fees, Supplemental -- 2.83 2.38 2.20 2.08
Audit-Related Fees -- 0.42 0.34 0.34 0.41
Tax Fees, Supplemental -- 0.53 0.58 0.49 0.71
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00 0.00
Gross Margin 63.03 62.36 63.03 63.88 63.69
Operating Margin 33.51 33.02 34.92 34.69 33.21
Pretax Margin 22.02 26.23 21.62 22.34 32.11
Effective Tax Rate -- -- -- -- --
Net Profit Margin 17.26 21.06 17.37 19.69 22.99
Normalized EBIT 1,047.62 927.10 908.78 829.95 850.62
Normalized EBITDA 1,725.39 1,572.75 1,526.33 1,524.36 1,490.17
Defined Contribution Expense - Domestic 4.20 4.10 4.10 4.00 3.70
Defined Contribution Expense - Retirement -- 0.02 0.02 0.02 0.04
Total Pension Expense 4.20 4.12 4.12 4.02 3.74
FFO per Share (Basic) 7.02 6.31 6.22 6.04 5.37
FFO per Share (Diluted) 7.01 6.30 6.22 6.03 5.36
Funds Available for Distribution (FAD) 763.17 750.11 701.99 300.91 572.65
Net Operating Income (NOI) 1,826.12 1,649.31 1,605.44 1,601.30 1,563.93

In millions of USD (except for per share items)

For a more complete picture of our financial results, please review our SEC Filings

Copyright Refinitiv