| Dec 31, 2022 | Dec 31, 2023 |
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Net sales | 2,593 | 2,775 |
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Cost of sales | 1,708 | 1,759 |
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Gross profit | 886 | 1,016 |
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Selling, general and administrative expense | 533 | 587 |
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Restructuring Charges | 23 | 24 |
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Operating income | 329 | 404 |
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Pension settlement gain | 9 | - |
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Interest expense (income) and other, net | 38 | 85 |
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Income from continuing operations before income taxes | 300 | 319 |
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Income tax expense | 69 | 96 |
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Net income from continuing operations | 231 | - |
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Net income from continuing operations | - | 223 |
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Loss from discontinued operations, net of taxes | -3 | -12 |
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Net income | 228 | 211 |
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Net Income (Loss) Attributable to Noncontrolling Interest | 4 | 6 |
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Net income attributable to ESAB Corporation | 228 | 211 |
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Income from continuing operations (in dollars per share) | 3.75 | 3.59 |
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Loss on discontinued operations (in dollars per share) | -0.05 | -0.2 |
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Net income per share (in dollars per share) | 3.7 | 3.39 |
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Net income attributable to ESAB Corporation | 228 | 211 |
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Income from continuing operations (in dollars per share) | 3.74 | 3.56 |
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Loss on discontinued operations (in dollars per share) | -0.05 | -0.2 |
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Net income per share - diluted (in dollars per share) | 3.69 | 3.36 |
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Income from continuing operations (in dollars per share) | 3.75 | 3.59 |
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Loss on discontinued operations (in dollars per share) | -0.05 | -0.2 |
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Net income per share (in dollars per share) | 3.7 | 3.39 |
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Income from continuing operations (in dollars per share) | 3.74 | 3.56 |
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Loss on discontinued operations (in dollars per share) | -0.05 | -0.2 |
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Net income per share - diluted (in dollars per share) | 3.69 | 3.36 |
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