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

Operating Revenues

34,439

40,780

49,292

44,043

44,365

47,137

Gain (Loss) on Sale of Investment, Total

103

137

210

70

49

62

Interest And Invest. Income

6,234

7,299

9,421

9,342

8,803

8,364

Other Revenues, Total

601

-220

828

-67

394

554

Total Revenues

41,377

47,996

59,751

53,388

53,611

56,117

Total Revenues % Chg.

3.2%

16%

24.5%

-10.6%

0.4%

5.5%

Cost of Goods Sold, Total

4,687

5,394

6,460

6,951

7,251

7,557

Gross Profit

36,690

42,602

53,291

46,437

46,360

48,560

Selling General & Admin Expenses, Total

22,890

24,901

29,929

28,757

30,056

30,428

Other Operating Expenses, Total

22,890

24,901

29,929

28,757

30,056

30,428

Operating Income

13,800

17,701

23,362

17,680

16,304

18,132

Other Non Operating Income (Expenses)

-2,084

-2,726

-3,644

-3,574

-3,846

-3,789

EBT, Excl. Unusual Items

11,716

14,975

19,718

14,106

12,458

14,343

Merger & Related Restructuring Charges

—

—

—

—

—

—

-151

—

—

—

—

Impairment of Goodwill

—

—

—

—

—

—

—

-8

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

—

Asset Writedown

-22

-70

-42

-17

-43

-31

Legal Settlements

-221

-336

—

—

-249

-249

Other Unusual Items

—

—

—

—

—

-172

—

—

—

-353

-353

EBT, Incl. Unusual Items

11,301

14,418

19,668

14,089

11,813

13,710

Income Tax Expense

2,064

3,239

4,548

2,910

2,583

3,155

Earnings From Continuing Operations

9,237

11,179

15,120

11,179

9,230

10,555

Earnings Of Discontinued Operations

—

—

—

—

—

—

Minority Interest

-195

-183

-86

-150

-143

-142

Net Income

9,042

10,996

15,034

11,029

9,087

10,413

Preferred Dividend and Other Adjustments

530

496

468

489

557

560

Net Income to Common Incl Extra Items

8,512

10,500

14,566

10,540

8,530

9,853

Net Income to Common Excl. Extra Items

8,512

10,500

14,566

10,540

8,530

9,853

Total Shares Outstanding

1,594

1,809.6

1,772.2

1,675.5

1,626.8

1,619.1

Weighted Avg. Shares Outstanding

1,617

1,603

1,785

1,691

1,628

1,606.5

Weighted Avg. Shares Outstanding Dil

1,640

1,624

1,814

1,713

1,646

1,624.5

EPS

5.3

6.6

8.2

6.2

5.2

6.1

EPS Diluted

5.2

6.5

8

6.2

5.2

6.1

Effective Tax Rate

18.3%

22.5%

23.1%

20.7%

21.9%

23%