Financial Statements - Income Statement

  Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update)
Net Sales 15,218.00 15,455.00 14,914.00 14,485.00 13,609.00
Revenue 15,218.00 15,455.00 14,914.00 14,485.00 13,609.00
Total Revenue 15,218.00 15,455.00 14,914.00 14,485.00 13,609.00
Cost of Revenue 8,010.00 8,141.00 7,994.00 7,851.00 7,410.00
Cost of Revenue, Total 8,010.00 8,141.00 7,994.00 7,851.00 7,410.00
Gross Profit 7,208.00 7,314.00 6,920.00 6,634.00 6,199.00
Selling/General/Administrative Expense 1,971.00 1,891.00 1,672.00 1,546.00 1,437.00
Labor & Related Expense 1,057.00 1,095.00 1,036.00 1,092.00 1,049.00
Selling/General/Administrative Expenses, Total 3,028.00 2,986.00 2,708.00 2,638.00 2,486.00
Depreciation 1,564.00 1,468.00 1,376.00 1,280.00 1,201.00
Amortization of Intangibles, Operating 107.00 106.00 101.00 96.00 100.00
Depreciation/Amortization 1,671.00 1,574.00 1,477.00 1,376.00 1,301.00
Restructuring Charge 9.00 6.00 4.00 0.00 4.00
Litigation -- -- -- -- --
Impairment-Assets Held for Use 35.00 94.00 38.00 -16.00 112.00
Impairment-Assets Held for Sale 7.00 -- -- -- --
Other Unusual Expense (Income) 84.00 85.00 -96.00 6.00 4.00
Unusual Expense (Income) 135.00 185.00 -54.00 -10.00 120.00
Total Operating Expense 12,844.00 12,886.00 12,125.00 11,855.00 11,317.00
Operating Income 2,374.00 2,569.00 2,789.00 2,630.00 2,292.00
Interest Expense - Non-Operating -425.00 -411.00 -363.00 -351.00 -365.00
Interest Expense, Net Non-Operating -425.00 -411.00 -363.00 -351.00 -365.00
Interest Income, Non-Operating -- -- -- -- --
Investment Income, Non-Operating -61.00 -55.00 -52.00 -80.00 -75.00
Interest/Investment Income, Non-Operating -61.00 -55.00 -52.00 -80.00 -75.00
Interest Income (Expense), Net-Non-Operating, Total -486.00 -466.00 -415.00 -431.00 -440.00
Other Non-Operating Income (Expense) 5.00 2.00 2.00 -8.00 -30.00
Other, Net 5.00 2.00 2.00 -8.00 -30.00
Net Income Before Taxes 1,893.00 2,105.00 2,376.00 2,191.00 1,822.00
Income Tax – Total 397.00 434.00 465.00 -353.00 642.00
Income After Tax 1,496.00 1,671.00 1,911.00 2,544.00 1,180.00
Minority Interest 0.00 -1.00 2.00 0.00 2.00
Net Income Before Extraordinary Items 1,496.00 1,670.00 1,913.00 2,544.00 1,182.00
Extraordinary Item -- -- 12.00 -595.00 --
Total Extraordinary Items -- -- 12.00 -595.00 --
Net Income 1,496.00 1,670.00 1,925.00 1,949.00 1,182.00
Income Available to Common Excluding Extraordinary Items 1,496.00 1,670.00 1,913.00 2,544.00 1,182.00
Income Available to Common Stocks Including Extraordinary Items 1,496.00 1,670.00 1,925.00 1,949.00 1,182.00
Basic Weighted Average Shares 423.00 424.60 429.10 438.80 443.50
Basic EPS Excluding Extraordinary Items 3.54 3.93 4.46 5.80 2.67
Basic EPS Including Extraordinary Items 3.54 3.93 4.49 4.44 2.67
Dilution Adjustment -- -- -- -- --
Diluted Net Income 1,496.00 1,670.00 1,925.00 1,949.00 1,182.00
Diluted Weighted Average Shares 425.10 427.50 432.20 441.90 446.50
Diluted EPS Excluding Extraordinary Items 3.52 3.91 4.43 5.76 2.65
Diluted EPS Including Extraordinary Items 3.52 3.91 4.45 4.41 2.65
DPS - Common Stock Primary Issue 2.18 2.05 1.86 1.70 1.64
Gross Dividends - Common Stock 927.00 876.00 802.00 750.00 726.00
Litigation Charge, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items 135.00 185.00 -54.00 -10.00 120.00
Normalized Income Before Taxes 2,028.00 2,290.00 2,322.00 2,181.00 1,942.00
Effect of Special Items on Income Taxes 28.31 38.14 -10.57 -3.50 42.28
Income Taxes Excluding Impact of Special Items 425.31 472.14 454.43 -356.50 684.28
Normalized Income After Taxes 1,602.69 1,817.86 1,867.57 2,537.50 1,257.72
Normalized Income Available to Common 1,602.69 1,816.86 1,869.57 2,537.50 1,259.72
Basic Normalized EPS 3.79 4.28 4.36 5.78 2.84
Diluted Normalized EPS 3.77 4.25 4.33 5.74 2.82
Amortization of Intangibles, Supplemental 107.00 106.00 101.00 96.00 100.00
Depreciation, Supplemental 1,564.00 1,468.00 1,376.00 1,280.00 1,201.00
Interest Expense, Supplemental 425.00 411.00 363.00 351.00 365.00
Interest Capitalized, Supplemental -16.00 -21.00 -16.00 -16.00 -9.00
Rental Expense, Supplemental 140.00 132.00 129.00 134.00 159.00
Stock-Based Compensation, Supplemental 94.00 86.00 89.00 185.00 186.00
Equity in Affiliates, Supplemental -61.00 -55.00 -41.00 -68.00 -44.00
Minority Interest, Supplemental 0.00 -1.00 2.00 0.00 2.00
Audit-Related Fees, Supplemental 6.20 4.50 4.60 4.80 4.80
Audit-Related Fees 0.00 0.10 0.10 0.20 0.00
Tax Fees, Supplemental 0.00 0.00 0.00 0.00 0.00
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 0.00 0.00
Gross Margin 47.36 47.32 46.40 45.80 45.55
Operating Margin 15.60 16.62 18.70 18.16 16.84
Pretax Margin 12.44 13.62 15.93 15.13 13.39
Effective Tax Rate 20.97 20.62 19.57 -16.11 35.24
Net Profit Margin 9.83 10.81 12.83 17.56 8.69
Normalized EBIT 2,509.00 2,754.00 2,735.00 2,620.00 2,412.00
Normalized EBITDA 4,180.00 4,328.00 4,212.00 3,996.00 3,713.00
Current Tax - Domestic 114.00 204.00 261.00 400.00 443.00
Current Tax - Foreign 27.00 36.00 40.00 37.00 38.00
Current Tax - Local 91.00 94.00 132.00 56.00 88.00
Current Tax - Total 232.00 334.00 433.00 493.00 569.00
Deferred Tax - Domestic 149.00 94.00 66.00 -911.00 57.00
Deferred Tax - Foreign 6.00 -2.00 -2.00 3.00 -1.00
Deferred Tax - Local 10.00 8.00 -32.00 62.00 17.00
Deferred Tax - Total 165.00 100.00 32.00 -846.00 73.00
Income Tax - Total 397.00 434.00 465.00 -353.00 642.00
Defined Contribution Expense - Domestic 92.00 88.00 80.00 70.00 64.00
Total Pension Expense 92.00 88.00 80.00 70.00 64.00
For a more complete picture of our financial results, please review our SEC Filings

Copyright Refinitiv