A Dark Vector Cognition product

Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA

The following table sets forth our selected historical financial data for the five years ended December 31, 2015.

Years ended December 31
In millions, except per-share data20152014201320122011
Consolidated statements of operations and comprehensive income (loss) data
Net sales$6,449.0$7,039.0$6,999.7$4,306.8$3,456.7
Operating income (loss)177.2851.9742.6(4.8)100.2
Net income (loss) from continuing operations attributable to Pentair plc(65.0)607.0511.7(81.5)(7.5)
Per-share data
Basic:
Earnings (loss) per ordinary share from continuing operations attributable to Pentair plc$(0.36)$3.19$2.54$(0.64)$(0.08)
Weighted average shares180.3190.6201.1127.498.2
Diluted:
Earnings (loss) per ordinary share from continuing operations attributable to Pentair plc$(0.36)$3.14$2.50$(0.64)$(0.08)
Weighted average shares182.6193.7204.6127.498.2
Cash dividends declared and paid per ordinary share$1.28$1.10$0.96$0.88$0.80
Cash dividends declared and unpaid per ordinary share0.330.640.500.46—
Consolidated balance sheets data
Total assets$11,857.0$10,655.2$11,743.3$11,882.7$4,586.3
Total debt4,710.03,004.12,550.42,451.61,309.1
Total equity4,008.84,663.86,217.76,487.52,047.4

Factors affecting comparability of our Selected Financial Data

In the fourth quarter of 2015, we recorded a pre-tax, non-cash goodwill and trade name impairment charge of $554.7 million.

For periods prior to 2012, the Consolidated Statements of Operations and Comprehensive Income (Loss) include the historical results of Pentair, Inc. Following the consummation of the Merger on September 28, 2012, the consolidated financial statements include the results of Flow Control.

In May 2011, we acquired as part of Flow & Filtration Solutions, the Clean Process Technologies division of privately held Norit Holding B.V. In the fourth quarter of 2011, we recorded a pre-tax non-cash goodwill impairment charge of $200.5 million.

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