filings.toolsItem 6. Selected Financial Data
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Item 6. Selected Financial Data
You should read the following selected consolidated financial data for the five-year period ended March 31, 2020 in conjunction with our consolidated financial statements and notes thereto and "Management's Discussion and Analysis of Financial Condition and Results of Operations" included in Items 7 and 8 of this Form 10-K. Our consolidated statements of income data for each of the years in the three-year period ended March 31, 2020, and the balance sheet data as of March 31, 2020 and 2019, are derived from our audited consolidated financial statements, included in Item 8 of this Form 10-K. The statement of income data for the years ended March 31, 2017 and 2016 and balance sheet data as of March 31, 2018, 2017 and 2016 have been derived from our audited consolidated financial statements not included herein (in the tables below all amounts are in millions, except per share data).
| Year ended March 31, | |||||||||||||||||||
| 2020 | 2019(1) | 2018 | 2017(1) | 2016 | |||||||||||||||
| Consolidated Statements of Income data: | |||||||||||||||||||
| Net sales | $ | 5,274.2 | $ | 5,349.5 | $ | 3,980.8 | $ | 3,407.8 | $ | 2,173.3 | |||||||||
| Special charges and other, net (2) | $ | 46.7 | $ | 33.7 | $ | 17.5 | $ | 98.6 | $ | 4.0 | |||||||||
| Loss on settlement of debt (3) | $ | (5.4 | ) | $ | (12.6 | ) | $ | (16.0 | ) | $ | (43.9 | ) | $ | — | |||||
| Net income from continuing operations | $ | 570.6 | $ | 355.9 | $ | 255.4 | $ | 170.6 | $ | 323.9 | |||||||||
| Basic net income per common share from continuing operations | $ | 2.39 | $ | 1.51 | $ | 1.10 | $ | 0.79 | $ | 1.59 | |||||||||
| Diluted net income per common share from continuing operations | $ | 2.23 | $ | 1.42 | $ | 1.03 | $ | 0.73 | $ | 1.49 | |||||||||
| Dividends declared per common share | $ | 1.465 | $ | 1.457 | $ | 1.449 | $ | 1.441 | $ | 1.433 | |||||||||
| Consolidated Balance Sheets data: | |||||||||||||||||||
| Total assets | $ | 17,426.1 | $ | 18,350.0 | $ | 8,257.2 | $ | 7,686.9 | $ | 5,537.9 | |||||||||
| Net long-term debt and capital lease obligations, less current maturities (3) | $ | 8,882.1 | $ | 8,956.0 | $ | 1,769.1 | $ | 2,912.1 | $ | 2,465.8 | |||||||||
| Stockholders' equity | $ | 5,585.5 | $ | 5,287.5 | $ | 3,279.8 | $ | 3,270.7 | $ | 2,150.9 |
| (1) | Refer to Note 2 to our consolidated financial statements for a discussion of our acquisition of Microsemi during fiscal 2019. During fiscal 2017, we completed our acquisition of Atmel. |
(2) Refer to Note 5 to our consolidated financial statements for a discussion of the special charges and other, net.
(3) Refer to Note 7, Debt, for further discussion.
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