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

14,383

14,461

18,344

20,028

17,519

16,092

Total Revenues % Chg.

-8.9%

0.5%

26.9%

9.2%

-12.5%

-14.5%

Cost of Goods Sold, Total

5,219

5,192

5,968

6,257

6,500

6,540

Gross Profit

9,164

9,269

12,376

13,771

11,019

9,552

Selling General & Admin Expenses, Total

1,650

1,616

1,658

1,749

1,841

1,825

R&D Expenses

1,544

1,530

1,554

1,670

1,863

1,907

Amortization of Goodwill and Intangible Assets

288

198

142

Other Operating Expenses

Other Operating Expenses, Total

3,482

3,344

3,354

3,419

3,704

3,732

Operating Income

5,682

5,925

9,022

10,352

7,315

5,820

Interest Expense, Total

-170

-190

-184

-214

-353

-443

Interest And Investment Income

Net Interest Expenses

-170

-190

-184

-214

-353

-443

Income (Loss) On Equity Invest.

Currency Exchange Gains (Loss)

Other Non Operating Income (Expenses)

180

306

135

151

456

509

EBT, Excl. Unusual Items

5,692

6,041

8,973

10,289

7,418

5,886

Restructuring Charges

15

-25

-104

-257

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Investments

Gain (Loss) On Sale Of Assets

21

1

50

124

EBT, Incl. Unusual Items

5,728

6,017

8,919

10,032

7,418

6,010

Income Tax Expense

711

422

1,150

1,283

908

698

Earnings From Continuing Operations

5,017

5,595

7,769

8,749

6,510

5,312

Net Income

5,017

5,595

7,769

8,749

6,510

5,312

Preferred Dividend and Other Adjustments

32

27

33

40

34

28

Net Income to Common Incl Extra Items

4,985

5,568

7,736

8,709

6,476

5,284

Net Income to Common Excl. Extra Items

4,985

5,568

7,736

8,709

6,476

5,284

Total Shares Outstanding

932

919.4

924

906

909

913

Weighted Avg. Shares Outstanding

936

921

923

916

908

910

Weighted Avg. Shares Outstanding Dil

952

933

936

926

916

917

EPS

5.3

6

8.4

9.5

7.1

5.8

EPS Diluted

5.2

6

8.3

9.4

7.1

5.8

EBITDA

6,678

6,658

9,919

11,277

8,490

7,154

Effective Tax Rate

12.4%

7%

12.9%

12.8%

12.2%

11.6%