Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
SELECTED FINANCIAL DATA
The selected earnings data, per share data and balance sheet data for each of the five most recent years ended December 31 set forth below have been derived from our audited consolidated financial statements. The following data should be read in conjunction with our consolidated financial statements and notes to consolidated financial statements in Item 8 "Financial Statements and Supplementary Data."
| 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||
| As of and for the years ended December 31 | |||||||||||||||||
| in millions, except per share data | |||||||||||||||||
| Total revenues | $ | 3,890.3 | $ | 3,592.7 | $ | 3,422.2 | $ | 2,994.2 | $ | 2,770.7 | |||||||
| Gross profit | $ | 1,000.6 | $ | 1,000.8 | $ | 857.5 | $ | 587.6 | $ | 426.9 | |||||||
| Gross profit margin | 25.7% | 27.9% | 25.1% | 19.6% | 15.4% | ||||||||||||
| Earnings from continuing operations 1 | $ | 593.4 | $ | 422.4 | $ | 232.9 | $ | 207.1 | $ | 20.8 | |||||||
| Earnings (loss) on discontinued operations, | |||||||||||||||||
| net of tax 2 | $ | 7.8 | $ | (2.9) | $ | (11.7) | $ | (2.2) | $ | 3.6 | |||||||
| Net earnings | $ | 601.2 | $ | 419.5 | $ | 221.2 | $ | 204.9 | $ | 24.4 | |||||||
| Basic earnings (loss) per share | |||||||||||||||||
| Continuing operations | $ | 4.48 | $ | 3.17 | $ | 1.75 | $ | 1.58 | $ | 0.16 | |||||||
| Discontinued operations | 0.06 | (0.02) | (0.09) | (0.02) | 0.03 | ||||||||||||
| Basic net earnings (loss) per share | $ | 4.54 | $ | 3.15 | $ | 1.66 | $ | 1.56 | $ | 0.19 | |||||||
| Diluted earnings (loss) per share | |||||||||||||||||
| Continuing operations | $ | 4.40 | $ | 3.11 | $ | 1.72 | $ | 1.56 | $ | 0.16 | |||||||
| Discontinued operations | 0.06 | (0.02) | (0.08) | (0.02) | 0.03 | ||||||||||||
| Diluted net earnings (loss) per share | $ | 4.46 | $ | 3.09 | $ | 1.64 | $ | 1.54 | $ | 0.19 | |||||||
| Cash and cash equivalents | $ | 141.6 | $ | 259.0 | $ | 284.1 | $ | 141.3 | $ | 193.7 | |||||||
| Total assets | $ | 9,504.9 | $ | 8,471.5 | $ | 8,301.6 | $ | 8,041.1 | $ | 8,233.1 | |||||||
| Working capital | $ | 737.2 | $ | 764.9 | $ | 731.1 | $ | 468.6 | $ | 652.4 | |||||||
| Current maturities and short-term debt | $ | 41.4 | $ | 0.1 | $ | 0.1 | $ | 150.1 | $ | 0.2 | |||||||
| Long-term debt | $ | 2,813.5 | $ | 1,982.8 | $ | 1,980.3 | $ | 1,834.6 | $ | 2,496.2 | |||||||
| Equity | $ | 4,968.9 | $ | 4,572.5 | $ | 4,454.2 | $ | 4,176.7 | $ | 3,938.1 | |||||||
| Cash dividends declared per share | $ | 1.00 | $ | 0.80 | $ | 0.40 | $ | 0.22 | $ | 0.04 |
| 1 | Earnings from continuing operations for 2017 include pretax interest changes of $148.0 million referable to debt purchases and $297.0 million of discrete net tax benefits. Earnings from continuing operations for 2014 include a pretax gain of $211.4 million referable to the sale of our cement and concrete businesses in the Florida area. |
| 2 | Discontinued operations include the results attributable to our former Chemicals business. |
| Part II | 27 |
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