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

11,503

11,303

14,082

14,189

12,588

12,393

Total Revenues % Chg.

1.9%

-1.7%

24.6%

0.8%

-11.3%

-6.9%

Cost of Goods Sold, Total

7,080

7,329

8,939

9,346

8,374

8,132

Gross Profit

4,423

3,974

5,143

4,843

4,214

4,261

Selling General & Admin Expenses, Total

1,649

1,601

1,727

1,784

1,738

1,793

R&D Expenses

1,001

907

994

1,031

1,030

1,033

Amortization of Goodwill and Intangible Assets

113

121

129

123

122

120

Other Operating Expenses, Total

2,763

2,629

2,850

2,938

2,890

2,946

Operating Income

1,660

1,345

2,293

1,905

1,324

1,315

Interest Expense, Total

-221

-276

-300

-292

-329

-339

Interest And Investment Income

21

15

11

15

38

45

Net Interest Expenses

-200

-261

-289

-277

-291

-294

Income (Loss) On Equity Invest.

17

Currency Exchange Gains (Loss)

269

-145

391

394

184

80

Other Non Operating Income (Expenses)

-84

33

172

189

71

139

EBT, Excl. Unusual Items

1,662

972

2,567

2,211

1,288

1,240

Restructuring Charges

-439

-610

-110

-414

-471

-471

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Investments

498

Asset Writedown

-217

Legal Settlements

Other Unusual Items

-7

-9

-31

-1

-122

EBT, Incl. Unusual Items

1,216

634

2,426

1,797

816

647

Income Tax Expense

256

111

491

411

168

146

Earnings From Continuing Operations

960

523

1,935

1,386

648

501

Minority Interest

-11

-29

-70

-67

-64

Net Income

960

512

1,906

1,316

581

437

Preferred Dividend and Other Adjustments

98

98

827

Net Income to Common Incl Extra Items

862

414

1,079

1,316

581

437

Net Income to Common Excl. Extra Items

862

414

1,079

1,316

581

437

Total Shares Outstanding

762

765

830

843

820

815

Weighted Avg. Shares Outstanding

776

761

828

843

848

851.5

Weighted Avg. Shares Outstanding Dil

899

772

844

857

859

862

EPS

1.1

0.5

1.3

1.6

0.7

0.5

EPS Diluted

1.1

0.5

1.3

1.5

0.7

0.5

EBITDA

3,163

2,865

3,774

3,357

2,693

2,674

Effective Tax Rate

21.1%

17.5%

20.2%

22.9%

20.6%

22.6%