Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
($ in millions, except per share information)
The following table sets forth the selected consolidated financial data for the five-years ended December 31, 2019. Unless otherwise indicated, the following disclosures reflect our continuing operations. Refer to Note 4 to the consolidated financial statements included in this report for additional information regarding discontinued operations.
This selected financial data should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and accompanying notes included in this report. Historical results presented herein may not be indicative of future results.
| As of and for the Year Ended December 31 | |||||||||||||||||||
| 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
| Summary of Operations | |||||||||||||||||||
| Sales | $ | 7,320.0 | $ | 6,452.7 | $ | 5,756.1 | $ | 5,378.2 | $ | 5,311.8 | |||||||||
| Operating profit | 1,004.1 | 1,178.4 | 1,143.0 | 1,061.7 | 1,081.5 | ||||||||||||||
| Net earnings from continuing operations | 725.4 | 918.3 | 884.3 | 740.2 | 737.6 | ||||||||||||||
| Net earnings per share from continuing operations: | |||||||||||||||||||
| Basic | 1.95 | 2.56 | 2.54 | 2.14 | 2.14 | ||||||||||||||
| Diluted | 1.93 | 2.52 | 2.51 | 2.13 | 2.14 | ||||||||||||||
| Common stock dividends declared and paid per share | 0.28 | 0.28 | 0.28 | 0.14 | — | ||||||||||||||
| Preferred stock dividends declared and paid per share | 50.00 | 25.28 | — | — | — | ||||||||||||||
| Financial Position | |||||||||||||||||||
| Assets of continuing operations | $ | 17,435.8 | $ | 12,875.6 | $ | 9,629.6 | $ | 7,353.1 | $ | 6,377.9 | |||||||||
| Assets of discontinued operations | 3.2 | 30.0 | 871.0 | 836.7 | 832.7 | ||||||||||||||
| Total assets | 17,439.0 | 12,905.6 | 10,500.6 | 8,189.8 | 7,210.6 | ||||||||||||||
| Current portion of long-term debt | 1,500.0 | 455.6 | — | — | — | ||||||||||||||
| Long-term debt, net of current maturities | 4,828.4 | 2,974.7 | 4,056.2 | 3,358.0 | — | ||||||||||||||
| Long-term debt | 6,328.4 | 3,430.3 | 4,056.2 | 3,358.0 | — | ||||||||||||||
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