filings.toolsItem 6. Selected Financial Data
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Item 6. Selected Financial Data
The following table sets forth certain of our selected financial data for the periods indicated. The consolidated statements of operations and balance sheet data set forth below are derived from our audited consolidated financial statements. The table below includes consolidated results, including our recent acquisitions, thus comparability will be materially affected. See Note 4: ''Recent Accounting Pronouncements'', Note 5: ''Acquisitions, Divestitures and Licensing Transactions'' and Note 13: ''Commitments and Contingencies'' in the notes to our audited consolidated financial statements included elsewhere in this Form 10-K for further information.
You should read this information in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our audited consolidated financial statements, including the notes thereto, included elsewhere in this Form 10-K.
| Year ended December 31, | |||||||||||||||||||||||||||||
| 2020 | 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||
| (in millions, except per share data) | |||||||||||||||||||||||||||||
| Consolidated Statements of Operations: | |||||||||||||||||||||||||||||
| Revenue | $ | 5,255.0 | $ | 5,517.9 | $ | 5,878.3 | $ | 5,543.1 | $ | 3,906.9 | |||||||||||||||||||
| Income tax (provision) benefit | 59.8 | (62.7) | (125.1) | 265.5 | 3.9 | ||||||||||||||||||||||||
| Net income | 236.4 | 213.9 | 629.9 | 813.0 | 184.5 | ||||||||||||||||||||||||
| Diluted net income per common share attributable to ON Semiconductor Corporation | 0.56 | 0.51 | 1.44 | 1.89 | 0.43 | ||||||||||||||||||||||||
| As of December 31, | |||||||||||||||||||||||||||||
| 2020 | 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||
| (in millions) | |||||||||||||||||||||||||||||
| Consolidated Balance Sheets: | |||||||||||||||||||||||||||||
| Total assets | $ | 8,668.0 | $ | 8,425.5 | $ | 7,587.6 | $ | 7,195.1 | $ | 6,924.4 | |||||||||||||||||||
| Net long-term debt, including current maturities | 3,491.3 | 3,612.5 | 2,766.1 | 2,951.8 | 3,622.3 | ||||||||||||||||||||||||
| Total stockholders' equity | 3,558.1 | 3,324.1 | 3,194.1 | 2,801.0 | 1,845.0 |
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