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."

20172016201520142013
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 margin25.7%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 operations0.06(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 operations0.06(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
1Earnings 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.
2Discontinued operations include the results attributable to our former Chemicals business.
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