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Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The following table presents selected financial data for each of the five years ended December 31, 2019 to 2015 (in millions, except per share data):

For the Years Ended December 31,
20192018201720162015
Statements of Operations Data:
Net Sales$3,807.2$3,883.9$3,839.6$3,641.6$3,467.4
Operating Income656.9509.9494.5429.4305.4
Income From Continuing Operations408.8360.3307.1278.6187.2
Net Income408.7359.0305.7277.8186.6
Basic Earnings Per Share From Continuing Operations10.498.877.286.414.17
Diluted Earnings Per Share From Continuing Operations10.388.777.176.344.11
Cash Dividends Declared Per Share2.952.431.961.651.38
Other Data:
Capital Expenditures$105.6$95.2$98.3$84.3$69.9
Research and Development Expenses69.972.273.664.662.3
Balance Sheet Data at Period End:
Total Assets$2,034.9$1,817.2$1,891.5$1,760.3$1,677.4
Total Debt1,171.21,041.31,004.0868.2741.1
Stockholders’ (Deficit) Equity(170.2)(149.6)50.138.0101.6

Information in the table above is not necessarily indicative of results of future operations. To understand the factors that may affect comparability, the financial data should be read in conjunction with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and the Consolidated Financial Statements and the related Notes to the Consolidated Financial Statements in Item 8, “Other Financial Statement Details,” of this Annual Report on Form 10-K.

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