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

8,783

8,935

9,448

11,043

11,517

11,392

Total Revenues % Chg.

4.7%

1.7%

5.7%

16.9%

4.3%

-2.1%

Cost of Goods Sold, Total

4,972

4,999

5,474

6,635

6,660

6,334

Gross Profit

3,811

3,936

3,974

4,408

4,857

5,058

Selling General & Admin Expenses, Total

-11

-31

-45

-92

-62

-66

Depreciation & Amortization

1,350

1,428

1,505

1,668

1,773

1,844

Other Operating Expenses, Total

1,339

1,397

1,460

1,576

1,711

1,778

Operating Income

2,472

2,539

2,514

2,832

3,146

3,280

Interest Expense, Total

-1,075

-1,083

-1,042

-45

Interest And Investment Income

16

13

5

11

76

74

Net Interest Expenses

-1,059

-1,070

-1,037

11

76

29

Income (Loss) On Equity Invest.

-1

20

-3

Currency Exchange Gains (Loss)

11

-11

-9

10

-2

Other Non Operating Income (Expenses)

141

120

169

-1,013

-1,169

-1,154

EBT, Excl. Unusual Items

1,553

1,620

1,635

1,821

2,063

2,150

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Investments

4

-18

7

10

Gain (Loss) On Sale Of Assets

577

Other Unusual Items

11

EBT, Incl. Unusual Items

2,141

1,620

1,639

1,803

2,070

2,160

Income Tax Expense

289

231

234

289

360

381

Earnings From Continuing Operations

1,852

1,389

1,405

1,514

1,710

1,779

Earnings Of Discontinued Operations

Minority Interest

-130

-115

-111

-120

-137

-144

Net Income

1,722

1,274

1,294

1,394

1,573

1,635

Preferred Dividend and Other Adjustments

67

65

63

64

67

70

Net Income to Common Incl Extra Items

1,655

1,209

1,231

1,330

1,506

1,565

Net Income to Common Excl. Extra Items

1,655

1,209

1,231

1,330

1,506

1,565

Total Shares Outstanding

463.3

466.8

474.8

482.2

490.6

495.2

Weighted Avg. Shares Outstanding

436.8

464.8

470.9

478.6

486.3

490.6

Weighted Avg. Shares Outstanding Dil

437.5

465.4

471.4

479

486.5

490.8

EPS

3.8

2.6

2.6

2.8

3.1

3.2

EPS Diluted

3.8

2.6

2.6

2.8

3.1

3.2

EBITDA

3,822

3,967

4,019

4,500

4,919

5,124

Effective Tax Rate

13.5%

14.3%

14.3%

16%

17.4%

17.6%