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

Operating Revenues

34,886

31,272

39,737

47,917

55,565

49,284

Finance Div. Revenues

3,609

3,595

352

502

499

1,346

Gain (Loss) on Sale of Investment, Total

326

Interest And Invest. Income

118

112

3,296

3,365

4,683

4,680

Other Revenues, Total

620

535

598

453

475

645

Total Revenues

39,233

35,514

43,983

52,563

61,222

55,955

Total Revenues % Chg.

5.1%

-9.5%

23.8%

19.5%

16.5%

-8.8%

Cost of Goods Sold, Total

26,787

23,460

29,116

35,157

37,715

33,597

Finance Div. Operating Exp.

2,034

2,178

1,957

2,121

2,390

2,367

Interest Expense - Finance Division

1,234

942

750

Gross Profit

9,178

8,934

12,910

15,285

21,117

19,241

Selling General & Admin Expenses, Total

2,999

2,732

2,879

2,964

3,601

3,914

R&D Expenses

1,782

1,589

1,587

1,912

2,177

2,244

Other Operating Expenses

87

65

-169

-243

-226

-203

Other Operating Expenses, Total

4,868

4,386

4,297

4,633

5,552

5,955

Operating Income

4,310

4,548

8,613

10,652

15,565

13,286

Interest Expense, Total

-232

-305

-993

-1,062

-2,453

-2,510

Interest And Investment Income

25

26

41

14

29

29

Net Interest Expenses

-207

-279

-952

-1,048

-2,424

-2,481

Income (Loss) On Equity Invest.

21

-48

21

10

7

6

Currency Exchange Gains (Loss)

97

122

-59

-132

-122

-83

EBT, Excl. Unusual Items

4,221

4,343

7,623

9,482

13,026

10,728

Restructuring Charges

-30

-355

-14

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Investments

Gain (Loss) On Sale Of Assets

-5

-24

Asset Writedown

-77

-129

-88

Other Unusual Items

-243

38

EBT, Incl. Unusual Items

4,109

3,835

7,623

9,137

13,026

10,766

Income Tax Expense

852

1,082

1,658

2,007

2,871

2,552

Earnings From Continuing Operations

3,257

2,753

5,965

7,130

10,155

8,214

Minority Interest

-4

-2

-2

1

11

10

Net Income

3,253

2,751

5,963

7,131

10,166

8,224

Preferred Dividend and Other Adjustments

Net Income to Common Incl Extra Items

3,253

2,751

5,963

7,131

10,166

8,224

Net Income to Common Excl. Extra Items

3,253

2,751

5,963

7,131

10,166

8,224

Total Shares Outstanding

313.1

313.7

308.1

298.8

281.6

273.6

Weighted Avg. Shares Outstanding

316.5

313.5

311.6

304.5

292.2

279.2

Weighted Avg. Shares Outstanding Dil

320.6

316.6

314

306.3

293.6

280.3

EPS

10.3

8.8

19.1

23.4

34.8

29.5

EPS Diluted

10.2

8.7

19

23.3

34.6

29.3

EBITDA

5,198

5,450

9,559

11,603

16,572

14,364

Effective Tax Rate

20.7%

28.2%

21.7%

22%

22%

23.7%