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

21,390

17,858

19,628

20,752

23,196

24,140

Total Revenues % Chg.

-1%

-16.5%

9.9%

5.7%

11.8%

9.5%

Cost of Goods Sold, Total

14,338

12,408

13,293

13,865

14,762

15,081

Gross Profit

7,052

5,450

6,335

6,887

8,434

9,059

Selling General & Admin Expenses, Total

3,589

3,113

3,212

3,194

3,747

3,903

R&D Expenses

606

551

616

665

754

773

Other Operating Expenses, Total

4,195

3,664

3,828

3,859

4,501

4,676

Operating Income

2,857

1,786

2,507

3,028

3,933

4,383

Interest Expense, Total

-272

-221

-144

-88

-208

-150

Net Interest Expenses

-272

-221

-144

-88

-208

-150

Currency Exchange Gains (Loss)

73

72

-56

57

31

Other Non Operating Income (Expenses)

-1

-112

-84

32

45

97

EBT, Excl. Unusual Items

2,657

1,525

2,279

2,916

3,827

4,361

Restructuring Charges

-29

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Assets

-66

221

617

24

Legal Settlements

EBT, Incl. Unusual Items

2,591

1,746

2,896

2,911

3,827

4,361

Income Tax Expense

378

331

750

445

604

707

Earnings From Continuing Operations

2,213

1,415

2,146

2,466

3,223

3,654

Minority Interest

-2

-5

-2

-4

-5

-4

Net Income

2,211

1,410

2,144

2,462

3,218

3,650

Net Income to Common Incl Extra Items

2,211

1,410

2,144

2,462

3,218

3,650

Net Income to Common Excl. Extra Items

2,211

1,410

2,144

2,462

3,218

3,650

Total Shares Outstanding

413.3

398.1

398.8

397.8

399.4

398.1

Weighted Avg. Shares Outstanding

419

402.2

398.7

398.7

399.1

399.6

Weighted Avg. Shares Outstanding Dil

420.8

404

401.6

400.8

401.1

401.6

EPS

5.3

3.5

5.4

6.2

8.1

9.1

EPS Diluted

5.3

3.5

5.3

6.1

8

9.1

EBITDA

3,741

2,597

3,429

3,982

4,859

5,295

Effective Tax Rate

14.6%

19%

25.9%

15.3%

15.8%

16.2%