XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 2,695.9 $ 2,818.2 $ 5,284.1 $ 5,278.8
Total revenues 2,731.2 2,851.5 5,350.4 5,347.0
Cost of sales 1,705.5 1,918.9 3,418.6 3,609.2
Gross profit 1,025.7 932.6 1,931.8 1,737.8
Operating expenses:        
Research and development 156.3 147.6 270.5 320.2
Selling, general and administrative 719.4 668.6 1,324.8 1,276.5
Litigation settlements and other contingencies, net 15.8 20.9 17.6 21.6
Total operating expenses 891.5 837.1 1,612.9 1,618.3
Earnings from operations 134.2 95.5 318.9 119.5
Interest expense 116.2 131.2 236.1 262.4
Other (income) expense, net (2.0) 16.4 32.1 23.7
Earnings before income taxes 20.0 (52.1) 50.7 (166.6)
Income tax (benefit) provision (19.4) 116.4 (9.5) 26.9
Net earnings (loss) $ 39.4 $ (168.5) $ 60.2 $ (193.5)
Earnings (Loss) per ordinary share:        
Basic (in USD per share) $ 0.08 $ (0.33) $ 0.12 $ (0.38)
Diluted (in USD per share) $ 0.08 $ (0.33) $ 0.12 $ (0.38)
Weighted average ordinary shares outstanding:        
Basic 516.9 515.5 516.7 515.3
Diluted 517.2 515.5 517.1 515.3
Other Revenues        
Total revenues $ 35.3 $ 33.3 $ 66.3 $ 68.2