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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, 2020 to 2016 (in millions, except per share data):

For the Years Ended December 31,
20202019201820172016
Statements of Operations Data:
Net Sales$3,634.1$3,807.2$3,883.9$3,839.6$3,641.6
Operating Income478.5656.9509.9494.5429.4
Income From Continuing Operations357.1408.8360.3307.1278.6
Net Income356.3408.7359.0305.7277.8
Basic Earnings Per Share From Continuing Operations9.3210.498.877.286.41
Diluted Earnings Per Share From Continuing Operations9.2610.388.777.176.34
Cash Dividends Declared Per Share3.082.952.431.961.65
Other Data:
Capital Expenditures$78.5$105.6$95.2$98.3$84.3
Research and Development Expenses66.869.972.273.664.6
Balance Sheet Data at Period End:
Total Assets$2,032.5$2,034.9$1,817.2$1,891.5$1,760.3
Total Debt980.61,171.21,041.31,004.0868.2
Stockholders’ (Deficit) Equity(17.1)(170.2)(149.6)50.138.0

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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