Selling, general
and administrative 424.3 354.6 1,204.2 1,061.0
Amortization of
intangible assets 8.8 3.0 18.7 7.6
Other operating expense
(income), net 1.3 (1.0) 5.1 25.3
Total operating costs
and expenses 1,461.0 1,290.3 4,155.1 3,870.5
Operating income 306.0 292.9 779.3 848.9
Other income (expense):
Interest expense, net (58.7) (22.8) (124.4) (68.8)
Minority share of income (6.6) (6.1) (19.1) (17.4)
Equity earnings in
unconsolidated joint
ventures 6.6 6.6 20.1 21.2
Other income (expense), net 0.5 (3.4) 2.8 1.4
Total non-operating
expenses, net (58.2) (25.7) (120.6) (63.6)
Income from continuing
operations before taxes 247.8 267.2 658.7 785.3
Income tax expense 97.4 103.4 258.9 310.9
Income from continuing
operations 150.4 163.8 399.8 474.4
Loss from discontinued
operations, net of taxes (52.4) (3.3) (54.6) (37.3)
Net income $98.0 $160.5 $345.2 $437.1
Earnings per common
share - basic:
Income from continuing
operations $0.78 $0.83 $2.07 $2.40
Loss from discontinued
operations (0.27) (0.02) (0.28) (0.19)
Net income $0.51 $0.81 $1.79 $2.21
Earnings per common
share - diluted:
Income from continuing
operations
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