Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

11,013

11,066

12,193

12,479

13,376

14,158

Total Revenues % Chg.

2.3%

0.5%

10.2%

2.3%

7.2%

10%

Cost of Goods Sold, Total

6,045

5,892

6,717

6,656

7,000

7,428

Gross Profit

4,968

5,174

5,476

5,823

6,376

6,730

Selling General & Admin Expenses, Total

2,226

1,967

3,039

2,011

2,084

2,146

Depreciation & Amortization

172

167

179

151

167

179

Amortization of Goodwill and Intangible Assets

392

246

147

113

89

183

Other Operating Expenses, Total

2,790

2,380

3,365

2,275

2,340

2,508

Operating Income

2,178

2,794

2,111

3,548

4,036

4,222

Interest Expense, Total

-307

-334

-322

-406

-484

-612

Interest And Investment Income

8

6

11

18

31

80

Net Interest Expenses

-299

-328

-311

-388

-453

-532

Income (Loss) On Equity Invest.

4

4

8

10

5

6

Currency Exchange Gains (Loss)

-9

-11

2

-3

-62

3

Other Non Operating Income (Expenses)

-17

-11

-21

-7

-12

27

EBT, Excl. Unusual Items

1,857

2,448

1,789

3,160

3,514

3,726

Restructuring Charges

-135

-386

Merger & Related Restructuring Charges

-17

-107

Gain (Loss) On Sale Of Investments

Gain (Loss) On Sale Of Assets

13

25

142

54

4

261

Asset Writedown

Legal Settlements

-58

-197

-197

Other Unusual Items

-7

-6

EBT, Incl. Unusual Items

1,870

2,466

1,931

3,156

3,169

3,291

Income Tax Expense

297

448

623

510

541

686

Earnings From Continuing Operations

1,573

2,018

1,308

2,646

2,628

2,605

Earnings Of Discontinued Operations

Minority Interest

-41

-49

-53

-57

-64

-56

Net Income

1,532

1,969

1,255

2,589

2,564

2,549

Net Income to Common Incl Extra Items

1,532

1,969

1,255

2,589

2,564

2,549

Net Income to Common Excl. Extra Items

1,532

1,969

1,255

2,589

2,564

2,549

Total Shares Outstanding

232.1

225.5

214.8

205.4

198.6

217.2

Weighted Avg. Shares Outstanding

238.6

231.9

224.7

211.7

203.5

203.7

Weighted Avg. Shares Outstanding Dil

240.6

233.1

226.1

213.2

205

205

EPS

6.4

8.5

5.6

12.2

12.6

12.5

EPS Diluted

6.4

8.5

5.6

12.1

12.5

12.4

EBITDA

2,742

3,207

2,437

3,812

4,292

4,584

Effective Tax Rate

15.9%

18.2%

32.3%

16.2%

17.1%

20.8%