Fiscal year is January-December.

All values USD mil 2012 2013 2014 2015

Sales/Revenue 8.7B 8.7B 5.88B 5.7B
CostofGoodsSold(COGS)incl.D&A 4.37B 4.46B 3.04B 2.98B
COGS excluding D&A 4.16B 4.23B 2.87B 2.83B
Depreciation & Amortization Expense 208M 228M 173M 150M
Depreciation 179M 202M 169M 142M
Amortization of Intangibles 29M 26M 4M 8M
GrossIncome 4.33B 4.24B 2.84B 2.72B
2012 2013 2014 2015
SG&AExpense 3.04B 2.89B 1.87B 1.64B
Research & Development 1.08B 1.06B 681M 620M
Other SG&A 1.96B 1.84B 1.18B 1.02B
Other Operating Expense - - 1.92B (32M)
Unusual Expense 77M 131M 118M 116M
EBIT after Unusual Expense 1.21B 1.22B (1.06B) (116M)
Non Operating Income/Expense 67M 32M 12M 89M
Non-Operating Interest Income 42M 19M 21M 13M
Equity in Affiliates (Pretax) - 10M 16M 6M
InterestExpense 108M 132M 147M 186M
Gross Interest Expense 108M 132M 147M 186M
Interest Capitalized - - - -
PretaxIncome 1.22B 1.15B (1.16B) 917M
Income Tax 337M 40M (465M) 274M
Income Tax - Current Domestic 6M 41M 25M 84M
Income Tax - Current Foreign 89M 230M 67M 30M
Income Tax - Deferred Domestic 254M (271M) (546M) 173M
Income Tax - Deferred Foreign (12M) 40M (11M) (13M)
Income Tax Credits - - - -
Equity in Affiliates - - - -
Other After Tax Income (Expense) - - - -
Consolidated Net Income 878M 1.11B (696M) 643M
Minority Interest Expense - 6M 1M 3M
NetIncome 878M 1.1B (697M)640M
Extraordinaries & Discontinued Operations 3M - 2B (30M)
Extra Items & Gain/Loss Sale Of Assets - - - (30M)
Cumulative Effect - Accounting Chg - - - -
Discontinued Operations 3M - 2B -
Net Income After Extraordinaries 881M 1.1B 1.3B 610M
Preferred Dividends - - - -
Net Income Available to Common 881M 1.1B 1.3B 640M
EPS(Basic) 3.01 4.13 5.29 3.21
Basic Shares Outstanding 292.1M266M 245.6M 199.6M
EPS(Diluted) 2.96 4.06 5.29 3.17
Diluted Shares Outstanding 297.4M270.5M245.6M 201.8M
EBITDA 1.5B 1.58B (772M) 1.26B
 2016
6.04B
3.24B
2.94B
295M
182M
113M
2.8B
2016
1.55B
553M
1B
-
241M
1.01B
39M
20M
5M
225M
225M
-
844M
282M
38M
31M
177M
36M
-
-
-
562M
2M
560M
-
-
-
-
560M
-
560M
3.3
169.6M
3.24
173.1M
1.54B
 2012 2013 2014 2015
8.7 8.7 5.88 5.7
4.37 4.46 3.04 2.98
4.16 4.23 2.87 2.83
0.208 0.228 0.173 0.15
0.179 0.202 0.169 0.142
0.029 0.026 0.004 0.008
4.33 4.24 2.84 2.72
2012 2013 2014 2015
3.04 2.89 1.87 1.64
1.08 1.06 0.681 0.62
1.96 1.84 1.18 1.02
- - 1.92 0.032
0.077 0.131 0.118 0.116
1.21 1.22 -1.06 0.116
0.067 0.032 0.012 0.089
0.042 0.019 0.021 0.013
- 0.01 0.016 0.006
0.108 0.132 0.147 0.186
0.108 0.132 0.147 0.186
- - - -
1.22 1.15 -1.16 0.917
0.337 0.04 0.465 0.274
0.006 0.041 0.025 0.084
0.089 0.23 0.067 0.03
0.254 0.271 0.546 0.173
0.012 0.04 0.011 0.013
- - - -
- - - -
- - - -
0.878 1.11 0.696 0.643
- 0.006 0.001 0.003
0.878 1.1 0.697 0.64
0.003 - 2 0.03
- - - 0.03
- - - -
0.003 - 2 -
0.881 1.1 1.3 0.61
- - - -
0.881 1.1 1.3 0.64
3.01 4.13 5.29 3.21
0.2921 0.266 0.2456 0.1996
2.96 4.06 5.29 3.17
0.2974 0.2705 0.2456 0.2018
1.5 1.58 0.772 1.26
 2016
6.04 100% 100% 100% 100%
3.24 50% 51% 52% 52%
2.94 48% 49% 49% 50%
0.295 2% 3% 3% 3%
0.182 2% 2% 3% 2%
0.113 0% 0% 0% 0%
2.8 50% 49% 48% 48%
2016 23126% 23138% 34252% 35351%
1.55 35% 33% 32% 29%
0.553 12% 12% 12% 11%
1 23% 21% 20% 18%
- 33% 1%
0.241 1% 2% 2% 2%
1.01 14% 14% -18% 2%
0.039 1% 0% 0% 2%
0.02 200% 0% 0% 0%
0.005 0% 0% 0%
0.225 1% 2% 3% 3%
0.225 1% 2% 3% 3%
-
0.844 14% 13% -20% 16%
0.282 4% 0% 8% 5%
0.038 0% 0% 0% 1%
0.031 1% 3% 1% 1%
0.177 3% 3% 9% 3%
0.036 0% 0% 0% 0%
- #VALUE! #VALUE!
- #VALUE! #VALUE! #VALUE! #VALUE!
- #VALUE! #VALUE! #VALUE! #VALUE!
0.562 10% 13% 12% 11%
0.002 300% 0% 0% 0%
0.56 10% 13% 12% 11%
- 200% #VALUE! 34% 1%
- #VALUE! #VALUE! #VALUE! 1%
- #VALUE! #VALUE! #VALUE! #VALUE!
- 0% #VALUE! 34% #VALUE!
0.56 10% 13% 22% 11%
- #VALUE! #VALUE! #VALUE! #VALUE!
0.56 10% 13% 22% 11%
3.3 35% 47% 90% 56%
0.1696 3% 3% 4% 4%
3.24 34% 47% 90% 56%
0.1731 3% 3% 4% 4%
1.54 13% 22%
 100%
54%
49%
5%
3%
2%
46%
33377%
26%
9%
17%
#VALUE!
4%
17%
1%
0%
0%
4%
4%

14%
5%
1%
1%
3%
1%
#VALUE!
#VALUE!
#VALUE!
9%
0%
9%
#VALUE!
#VALUE!
#VALUE!
#VALUE!
9%
#VALUE!
9%
55%
3%
54%
3%
25%
Assets
Fiscal year is January-December. All values USD million 2012 2013 2014 2015
Cash&ShortTermInvestments 3.6B 3.23B 3.95B 2.42B
Cash Only 1.62B 3.23B 3.95B 1.98B
Short-Term Investments 1.99B 1.85M - 438M
TotalAccountsReceivable 2.39B 2.42B 1.98B 1.78B
Accounts Receivables, Net 2.3B 2.31B 1.83B 1.74B
Accounts Receivables, Gross 2.35B 2.37B 1.86B 1.76B
Bad Debt/Doubtful Accounts (51M) (56M) (35M) (28M)
Other Receivables 95M 113M 152M 44M
Inventories 513M 522M 345M 296M
Finished Goods 244M 232M 163M 151M
Work in Progress - - - -
Raw Materials 432M 468M 313M 287M
Progress Payments & Other (163M) (178M) (131M) (142M)
Other Current Assets 752M 743M 602M 125M
Miscellaneous Current Assets 752M 743M 602M 125M
Total Current Assets 7.26B 6.92B 6.88B 4.62B
2012 2013 2014 2015
Net Property, Plant & Equipment 839M 810M 549M 487M
Property, Plant & Equipment - Gross 2.71B 2.62B 2.25B 2.13B
Buildings 739M 649M 559M 523M
Land & Improvements 38M 36M 18M 17M
Computer Software and Equipment - - - -
Other Property, Plant & Equipment - - - -
Accumulated Depreciation 1.87B 1.81B 1.7B 1.64B
Total Investments and Advances 144M 251M 316M 231M
Other Long-Term Investments 131M 236M 294M 222M
Long-Term Note Receivable 60M 6M 31M 47M
Intangible Assets 1.62B 1.6B 406M 469M
Net Goodwill 1.51B 1.51B 383M 420M
Net Other Intangibles 109M 87M 23M 49M
Other Assets 341M 197M 91M 215M
Tangible Other Assets 200M 92M 91M 87M
TotalAssets 12.68B11.85B10.42B8.35B
Liabilities & Shareholders' Equity
2012 2013 2014 2015
ST Debt & Current Portion LT Debt 4M 4M 4M 4M
Short Term Debt - - - -
Current Portion of Long Term Debt 4M 4M 4M 4M
AccountsPayable 705M 814M 540M 518M
Income Tax Payable - - - -
Other Current Liabilities 2.63B 2.4B 1.71B 1.67B
Dividends Payable 72M 79M 75M 71M
Accrued Payroll 424M 334M 190M 241M
Miscellaneous Current Liabilities 2.13B 1.99B 1.44B 1.36B
TotalCurrentLiabilities 3.34B 3.22B 2.25B 2.19B
Long-Term Debt 1.86B 2.46B 3.4B 4.35B
Long-Term Debt excl. Capitalized Leases 1.86B 2.46B 3.4B 4.35B
Non-Convertible Debt 1.86B 2.46B 3.4B 3.38B
Convertible Debt - - - 969M
Capitalized Lease Obligations - - - -
Provision for Risks & Charges 3.56B 1.88B 1.71B 1.61B
Deferred Taxes (2.42B)(2.08B)(2.15B)(2.27B)
Deferred Taxes - Credit - - - 12M
Deferred Taxes - Debit 2.42B 2.08B 2.15B 2.28B
Other Liabilities 639M 609M 297M 281M
Other Liabilities (excl. Deferred Income) 335M 307M 158M 168M
Deferred Income 304M 302M 139M 113M
TotalLiabilities 9.39B 8.16B 7.66B 8.44B
Non-Equity Reserves - - - -
Preferred Stock (Carrying Value) - - - -
Redeemable Preferred Stock - - - -
Non-Redeemable Preferred Stock - - - -
CommonEquity(Total) 3.27B 3.66B 2.74B (106M)
Common Stock Par/Carry Value 3M 3M 2M 2M
Retained Earnings 1.63B 2.43B 3.41B 1.72B
ESOP Debt Guarantee - - - -
Cumulative Translation Adjustment/Unrealized For. Exc (92M) (96M) (204M) (266M)
Unrealized Gain/Loss Marketable Securities 2M (2M) 44M (3M)
Revaluation Reserves - - - -
Treasury Stock - - - -
TotalShareholders'Equity 3.27B 3.66B 2.74B (106M)
Accumulated Minority Interest 25M 30M 31M 10M
Total Equity 3.29B 3.69B 2.77B (96M)
Liabilities & Shareholders' Equity 12.68B11.85B10.42B8.35B
 2016
1.08B
1.03B
46M
2B
1.91B
1.95B
(44M)
90M
273M
151M
-
253M
(131M)
124M
124M
3.47B
2016
789M
2.24B
306M
12M
-
-
1.45B
238M
221M
49M
1.55B
728M
821M
151M
49M
8.46B

2016
4M
-
4M
553M
-
2.11B
77M
250M
1.78B
2.67B
4.39B
4.39B
3.4B
988M
-
1.84B
(2.1B)
121M
2.22B
396M
281M
115M
9.42B
-
-
-
-
(964M)
2M
1.15B
-
(494M)
-
-
-
(964M)
12M
(952M)
8.46B
Operating Activities
Fiscal year is January-December. All values USD mil 2012 2013 2014 2015
NetIncomebeforeExtraordinaries 881M 1.1B (2.69B) 643M
Depreciation, Depletion & Amortization 208M 228M 173M 150M
Depreciation and Depletion 179M 202M 169M 142M
Amortization of Intangible Assets 29M 26M 4M 8M
Deferred Taxes & Investment Tax Credit 242M (231M) (557M) 160M
Deferred Taxes 242M (231M) (557M) 160M
Investment Tax Credit - - - -
Other Funds 159M 107M 3.99B (9M)
Funds from Operations 1.49B 1.2B 908M 944M
Extraordinaries - - - -
Changes in Working Capital (422M) (259M) (1.59B) 77M
Receivables 81M (66M) (62M) 21M
Accounts Payable (162M) (201M) (120M) 26M
Other Assets/Liabilities (338M) 18M (1.41B) 14M
NetOperatingCashFlow 1.07B 944M (685M)1.02B
Investing Activities
2012 2013 2014 2015
CapitalExpenditures (187M) (191M) (181M) (175M)
Capital Expenditures (Fixed Assets) (187M) (191M) (181M) (175M)
Capital Expenditures (Other Assets) - - - -
Net Assets from Acquisitions - - - -
Sale of Fixed Assets & Businesses 56M 66M 33M 3M
Purchase/Sale of Investments 966M 2.13B - (586M)
Purchase of Investments (109M) - - (586M)
Sale/Maturity of Investments 1.08B 2.13B - -
Other Uses (38M) (65M) (146M) -
Other Sources - 67M 3.5B 230M
NetInvestingCashFlow 797M 2.01B 3.21B (528M)
Financing Activities
2012 2013 2014 2015
Cash Dividends Paid - Total (270M) (292M) (318M) (277M)
Common Dividends (270M) (292M) (318M) (277M)
Preferred Dividends - - - -
Change in Capital Stock (2.31B)(1.53B)(2.41B) (3.09B)
Repurchase of Common & Preferred Stk. (2.44B)(1.69B)(2.55B) (3.18B)
Sale of Common & Preferred Stock 133M 165M 135M 84M
Proceeds from Stock Options 133M 165M 135M 84M
Other Proceeds from Sale of Stock - - - -
Issuance/Reduction of Debt, Net 334M 589M 910M 967M
Change in Current Debt - - - -
Change in Long-Term Debt 334M 589M 910M 967M
Issuance of Long-Term Debt 747M 593M 1.38B 971M
Reduction in Long-Term Debt (413M) (4M) (465M) (4M)
Other Funds (64M) 25M 104M 5M
Other Uses (84M) - - -
Other Sources 20M 25M 104M 5M
NetFinancingCashFlow (2.31B(1.21B(1.72B)(2.4B)
Exchange Rate Effect 27M 10M (79M) (69M)
Miscellaneous Funds - - - -
Net Change in Cash (413M) 1.76B 729M (1.97B)
FreeCashFlow 881M 753M (866M) 846M
 2016
562M
295M
182M
113M
213M
213M
-
156M
1.23B
-
(61M)
(6M)
241M
(302M)
1.17B

2016
(271M)
(271M)
-
-
73M
(1.47B)
(1.47B)
-
-
670M
(1B)

2016
(280M)
(280M)
-
(749M)
(842M)
93M
93M
-
(13M)
-
(13M)
673M
(686M)
-
-
-
(1.04B)
(71M)
-
(950M)
894M