KEY FINANCIAL DATA
Selected financial and statistical data for the last five years
Selected five-year historical financial data presented below includes certain information derived from our consolidated financial statements. (In million, less amounts per stock, shares and financial ratios).
| As of December 31, | |||||
| Statement of Earnings Data | 2023 | 2022 | 2021 | 2020 | 2019 |
| Net sales | $9,895.8 | $10,047.9 | $10,934.1 | $7,984.9 | $7,285.6 |
| Operating income | $4,192.3 | $4,435.7 | $6,065.1 | $3,120.7 | $2,753.0 |
| Net income attributable to SCC | $2,638.5 | $2,438.2 | $3,397.1 | $1,570.4 | $1,485.8 |
| Per share amount | 2023 | 2022 | 2021 | 2020 | 2019 |
| Earnings basic and diluted | $3.14 | $3.41 | $4.39 | $2.03 | $1.92 |
| Dividends paid | $4.00 | $3.50 | $3.20 | $1.50 | $1.60 |
| Balance Sheet Data | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash and cash equivalents | $1,151.5 | $2,069.7 | $3,002.0 | $2,183.6 | $1,925.1 |
| Total assets | $16,725.3 | $17,277.4 | $18,297.6 | $16,946.5 | $16,407.4 |
| Total long-term debt, including current portion | $6,254.6 | $6,251.2 | $6,547.7 | $6,544.2 | $6,940.8 |
| Total liabilities | $9,244.1 | $9,130.5 | $10,089.8 | $9,670.5 | $9,549.1 |
| Total stockholders equity | $7,481.2 | $8,146.9 | $8,207.8 | $7,276.0 | $6,858.3 |
| Statement of Cash Flows | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash provided from operating activities | $3,573.1 | $2,802.5 | $4,292.4 | $2,783.6 | $1,911.9 |
| Depreciation, amortization and depletion | $833.6 | $796.3 | $806.00 | $775.60 | $764.40 |
| Cash used for investing activities | $(1,398.4) | $(666.8) | $(972.9) | $(915.8) | $(574.0) |
| Capital expenditures | $(1,008.6) | $(948.5) | $(892.3) | $(592.2) | $(707.5) |
| Cash used for financing activities | $(3,101.2) | $(3,011.0) | $(2,480.3) | $(1,563.4) | $(262.2) |
| Net debt | $3,973.1 | $3,973.1 | $3,058.7 | $3,949.8 | $4,935.1 |
| Dividends paid | $(3,092.4) | $(2,705.8) | $(2,473.8) | $(1,159.6) | $(1,236.9) |
| Increase (decrease) in cash and cash equivalents | $(918.2) | $(932.2) | $818.4 | $258.5 | $1,080.2 |
| Financial Ratios | 2023 | 2022 | 2021 | 2020 | 2019 |
| Gross margin | 52.6% | 53.7% | 57.0% | 41.1% | 40.0% |
| Operating income margin | 42.4% | 44.1% | 55.5% | 39.1% | 37.8% |
| Net margin | 24.6% | 26.3% | 31.1% | 19.7% | 20.4% |
| Cash Cost (per lb) before by-products credit | $2.23 | $2.04 | $1.64 | $1.37 | $1.52 |
| By-products credits | $0.98 | $(1.59) | $(0.97) | $(0.67) | $(0.64) |
| Cash Cost (per lb) with by-products credit | $1.25 | $0.45 | $0.67 | $0.69 | $0.88 |
| Current assets to current liabilities | 3.2 | 4.2 | 2.7 | 3.5 | 2.8 |
| Net debt / total capitalization | 0.392 | 0.328 | 0.271 | 0.352 | 0.358 |
| EBITDA | $5,029.5 | $5,349.8 | $6,852.7 | $3,868.8 | $3,526.9 |
| EBITDA margin | 50.8% | 53.2% | 62.7% | 48.5% | 48.4% |
| Net Debt/EBITDA | 1.31 | 1.06 | 0.96 | 1.57 | 1.39 |