DELPHI 2015 Annual Report Download - page 52

Table of Contents
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ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data were derived from our audited consolidated financial statements and
should be read in conjunction with, and are qualified by reference to, Item 7. Management’s Discussion and Analysis of
Financial Condition and Results of Operations and the consolidated financial statements and notes thereto included elsewhere
in this Annual Report. The financial information presented may not be indicative of our future performance.
The assets and liabilities and operating results for the previously reported Thermal Systems segment have been
reclassified as discontinued operations separate from the Company’s continuing operations for all periods presented. For further
information regarding discontinued operations, see Note 25. Discontinued Operations to the audited consolidated financial
statements included herein.
Year Ended December 31,
2015 2014 2013 2012 (1) 2011
(dollars and shares in millions, except per share data)
Statements of operations data:
Net sales......................................................................................................... $ 15,165 $ 15,499 $ 15,051 $ 14,070 $ 14,399
Depreciation and amortization (2) ................................................................. 540 540 499 445 433
Operating income........................................................................................... 1,723 1,758 1,627 1,390 1,489
Interest expense.............................................................................................. (127) (135) (143) (136) (123)
Income from continuing operations............................................................... 1,261 1,380 1,241 1,095 1,096
Income from discontinued operations, net of tax........................................... 274 60 60 65 127
Net income..................................................................................................... 1,535 1,440 1,301 1,160 1,223
Net income attributable to noncontrolling interest ........................................ 85 89 89 83 78
Net income attributable to Delphi.................................................................. 1,450 1,351 1,212 1,077 1,145
Net income per share data:
Basic net income per share:
Continuing operations................................................................................. $ 4.16 $ 4.36 $ 3.76 $ 3.19 $ 2.45
Discontinued operations.............................................................................. 0.92 0.14 0.14 0.15 0.27
Basic net income per share attributable to Delphi ...................................... $ 5.08 $ 4.50 $ 3.90 $ 3.34 $ 2.72
Diluted net income per share:
Continuing operations................................................................................. $ 4.14 $ 4.34 $ 3.75 $ 3.18 $ 2.45
Discontinued operations.............................................................................. 0.92 0.14 0.14 0.15 0.27
Diluted net income per share attributable to Delphi ................................... $ 5.06 $ 4.48 $ 3.89 $ 3.33 $ 2.72
Weighted average shares outstanding............................................................ 285 300 311 323 421
Cash dividends declared and paid.................................................................. $ 1.00 $ 1.00 $ 0.68 $ — $ —
Other financial data:
Capital expenditures....................................................................................... $ 704 $ 779 $ 605 $ 642 $ 560
Adjusted operating income (3)....................................................................... 1,971 1,925 1,779 1,577 1,532
Adjusted operating income margin (4) .......................................................... 13.0% 12.4% 11.8% 11.2% 10.6%
Net cash provided by operating activities (5) ................................................ $ 1,703 $ 2,135 $ 1,750 $ 1,478 $ 1,377
Net cash used in investing activities (5) ........................................................ (1,699) (1,186) (655) (1,631) (10)
Net cash used in financing activities (5)........................................................ (284) (1,398) (822) (105) (3,194)