Income Statement Timeframe AnnualQuarterly Period Current FinancialsCompare Year ending on 12/202212/202112/202012/201912/201812/201712/201612/201512/201412/2013 Year ending on 12/202212/202112/202012/201912/201812/201712/201612/201512/201412/2013 Leave this field blank Download CSV Year Ending Dec 2022 (Update) Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Reclassified) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update) Net Sales 3.76M 3.23M 2.66M 3.00M 3.03M 2.62M 2.27M 2.54M 2.81M 2.85M Revenue 3.76M 3.23M 2.66M 3.00M 3.03M 2.62M 2.27M 2.54M 2.81M 2.85M Total Revenue 3.76M 3.23M 2.66M 3.00M 3.03M 2.62M 2.27M 2.54M 2.81M 2.85M Cost of Revenue 2.48M 2.16M 1.78M 2.00M 2.00M 1.75M 1.49M 1.69M 1.86M 1.91M Cost of Revenue, Total 2.48M 2.16M 1.78M 2.00M 2.00M 1.75M 1.49M 1.69M 1.86M 1.91M Gross Profit 1.28M 1.07M 872.15 1.00M 1.03M 875.11 789.30 841.14 949.30 942.65 Selling/General/Administrative Expense 419.71 409.49 397.59 447.62 437.39 372.69 397.12 424.67 490.32 477.11 Labor & Related Expense 159.28 120.69 87.41 100.38 123.80 97.39 Selling/General/Administrative Expenses, Total 578.99 530.18 485.00 548.00 561.19 470.08 397.12 424.67 490.32 477.11 Research & Development 63.21 55.97 51.41 56.85 54.17 47.90 44.72 47.18 43.26 42.13 Investment Income - Operating 8.44 9.04 7.39 18.45 12.34 23.24 24.84 24.90 11.92 7.97 Interest/Investment Income - Operating 8.44 9.04 7.39 18.45 12.34 23.24 24.84 24.90 11.92 7.97 Interest Expense (Income), Net-Operating, Total 8.44 9.04 7.39 18.45 12.34 23.24 24.84 24.90 11.92 7.97 Restructuring Charge 11.79 9.83 Loss (Gain) on Sale of Assets - Operating -- -3.05 Other Unusual Expense (Income) 2.84 134.23 46.27 5.78 25.29 -43.06 34.35 162.70 30.05 8.46 Unusual Expense (Income) 14.62 144.06 46.27 2.74 25.29 -43.06 34.35 162.70 30.05 8.46 Total Operating Expense 3.14M 2.90M 2.37M 2.62M 2.65M 2.25M 1.99M 2.35M 2.44M 2.45M Operating Income 616.61 335.17 282.07 378.51 375.54 376.94 288.27 181.70 373.75 406.99 Interest Expense - Non-Operating -31.11 -23.78 -23.96 -25.94 -24.50 -24.22 -19.08 -21.82 -10.43 -2.86 Interest Expense, Net Non-Operating -31.11 -23.78 -23.96 -25.94 -24.50 -24.22 -19.08 -21.82 -10.43 -2.86 Interest Income, Non-Operating 1.61 1.57 1.99 2.53 6.94 4.79 2.09 2.71 3.09 3.32 Investment Income, Non-Operating -0.15 0.50 0.41 3.16 5.48 2.74 2.93 3.02 5.41 4.81 Interest/Investment Income, Non-Operating 1.45 2.07 2.39 5.69 12.42 7.53 5.02 5.73 8.51 8.13 Interest Income (Expense), Net-Non-Operating, Total -29.65 -21.72 -21.57 -20.25 -12.08 -16.69 -14.06 -16.10 -1.93 5.26 Other Non-Operating Income (Expense) 5.87 11.55 3.53 10.23 5.21 5.98 3.17 4.18 4.00 4.19 Other, Net 5.87 11.55 3.53 10.23 5.21 5.98 3.17 4.18 4.00 4.19 Net Income Before Taxes 592.83 325.00 264.04 368.49 368.66 366.24 277.39 169.79 375.81 416.44 Income Tax – Total 120.60 48.42 57.90 75.41 81.27 90.24 79.02 42.38 121.93 124.75 Income After Tax 472.22 276.58 206.14 293.08 287.39 276.00 198.37 127.41 253.88 291.69 Minority Interest -- -0.11 -0.03 0.03 0.07 0.03 0.03 0.07 0.81 2.09 Net Income Before Extraordinary Items 472.22 276.47 206.12 293.11 287.47 276.03 198.40 127.48 254.69 293.78 Extraordinary Item -- -0.40 -28.52 Total Extraordinary Items -- -0.40 -28.52 Net Income 472.22 276.47 206.12 293.11 287.07 247.50 198.40 127.48 254.69 293.78 Income Available to Common Excluding Extraordinary Items 472.22 276.47 206.12 293.11 287.47 276.03 198.40 127.48 254.69 293.78 Income Available to Common Stocks Including Extraordinary Items 472.22 276.47 206.12 293.11 287.07 247.50 198.40 127.48 254.69 293.78 Basic Weighted Average Shares 58.03 59.31 59.63 61.96 64.89 65.74 67.46 74.11 79.19 81.98 Basic EPS Excluding Extraordinary Items 8.14 4.66 3.46 4.73 4.43 4.20 2.94 1.72 3.22 3.58 Basic EPS Including Extraordinary Items 8.14 4.66 3.46 4.73 4.42 3.76 2.94 1.72 3.22 3.58 Diluted Net Income 472.22 276.47 206.12 293.11 287.07 247.50 198.40 127.48 254.69 293.78 Diluted Weighted Average Shares 58.75 60.06 60.25 62.66 65.68 66.64 68.16 74.85 80.10 83.04 Diluted EPS Excluding Extraordinary Items 8.04 4.60 3.42 4.68 4.38 4.14 2.91 1.70 3.18 3.54 Diluted EPS Including Extraordinary Items 8.04 4.60 3.42 4.68 4.37 3.71 2.91 1.70 3.18 3.54 DPS - Common Stock Primary Issue 2.24 2.04 1.96 1.88 1.56 1.40 1.28 1.16 0.92 0.80 Gross Dividends - Common Stock 134.93 124.67 118.42 117.95 106.80 87.81 88.17 87.81 76.97 67.99 (Gain) Loss on Sale of Assets, Supplemental 6.32 3.93 0.86 Impairment-Assets Held for Use, Supplemental 6.32 32.74 4.96 Other Unusual Expense (Income), Supplemental 8.12 -- 13.72 22.37 15.86 Non-Recurring Items, Total 8.12 -- 26.35 59.05 21.68 Total Special Items 14.62 144.06 54.39 2.74 25.29 -43.06 34.35 189.05 89.10 30.14 Normalized Income Before Taxes 607.45 469.05 318.43 371.23 393.95 323.18 311.74 358.83 464.91 446.58 Effect of Special Items on Income Taxes 1.19 47.19 10.59 7.39 5.57 -10.61 9.78 47.18 28.91 9.03 Income Taxes Excluding Impact of Special Items 121.80 95.61 68.49 82.80 86.84 79.63 88.80 89.56 150.84 133.78 Normalized Income After Taxes 485.66 373.45 249.94 288.44 307.10 243.55 222.94 269.28 314.07 312.80 Normalized Income Available to Common 485.66 373.33 249.91 288.46 307.18 243.57 222.96 269.34 314.88 314.89 Basic Normalized EPS 8.37 6.29 4.19 4.66 4.73 3.71 3.31 3.63 3.98 3.84 Diluted Normalized EPS 8.27 6.22 4.15 4.60 4.68 3.65 3.27 3.60 3.93 3.79 Amortization of Intangibles, Supplemental 21.91 21.16 20.36 20.76 15.74 15.67 14.53 13.30 13.87 13.34 Depreciation, Supplemental 56.15 59.99 60.13 60.73 56.60 52.44 50.55 50.71 55.74 55.54 Interest Expense, Supplemental 31.11 23.78 23.96 25.94 24.50 24.22 19.08 21.82 10.43 2.86 Rental Expense, Supplemental 20.55 21.63 23.50 25.39 25.72 20.45 16.90 16.70 18.10 18.64 Stock-Based Compensation, Supplemental 25.27 23.79 15.39 16.62 18.55 12.70 10.33 7.93 8.42 9.73 Equity in Affiliates, Supplemental -0.15 0.50 0.41 3.16 5.48 2.74 2.93 3.02 5.41 4.81 Minority Interest, Supplemental -- -0.11 -0.03 0.03 0.07 0.03 0.03 0.07 0.81 2.09 Research & Development Expense, Supplemental 63.21 55.97 51.41 56.85 54.17 47.90 44.72 47.18 43.26 42.13 Audit-Related Fees, Supplemental 2.48 2.46 2.71 3.03 3.32 3.47 3.08 3.14 3.35 3.06 Audit-Related Fees 0.25 0.40 0.06 0.07 0.01 0.01 0.09 0.28 0.28 Tax Fees, Supplemental 0.48 0.44 0.45 0.18 0.44 0.24 0.18 0.12 0.15 0.13 All Other Fees Paid to Auditor, Supplemental -- -- -- -- -- -- -- 0.12 Gross Margin 34.08 33.22 32.84 33.45 33.96 33.34 34.70 33.17 33.74 33.04 Operating Margin 16.39 10.36 10.62 12.60 12.40 14.36 12.67 7.17 13.28 14.27 Pretax Margin 15.76 10.05 9.94 12.27 12.17 13.95 12.19 6.70 13.36 14.60 Effective Tax Rate 20.34 14.90 21.93 20.46 22.04 24.64 28.49 24.96 32.45 29.96 Net Profit Margin 12.56 8.55 7.76 9.76 9.49 10.52 8.72 5.03 9.05 10.30 Normalized EBIT 639.67 488.26 343.85 399.69 413.16 357.13 347.46 395.64 474.77 445.10 Normalized EBITDA 717.73 569.41 424.35 481.18 485.51 425.24 412.53 459.65 544.38 513.98 Current Tax - Domestic 88.97 23.42 30.09 25.06 44.79 46.13 57.09 60.50 71.60 58.10 Current Tax - Foreign 55.66 44.83 18.02 26.54 28.89 25.75 23.34 28.05 24.21 40.35 Current Tax - Local 24.42 10.30 8.77 9.06 10.52 7.64 8.39 9.56 8.24 8.49 Current Tax - Total 169.06 78.54 56.88 60.67 84.20 79.51 88.82 98.10 104.05 106.94 Deferred Tax - Domestic -38.46 -21.54 -1.90 6.97 -0.36 10.14 -1.72 -47.90 15.18 21.95 Deferred Tax - Foreign -3.28 -4.49 3.20 6.51 -3.12 -0.08 -8.26 -3.36 1.37 -5.73 Deferred Tax - Local -6.72 -4.10 -0.28 1.26 0.55 0.67 0.17 -4.46 1.34 1.61 Deferred Tax - Total -48.46 -30.12 1.02 14.74 -2.93 10.73 -9.81 -55.73 17.89 17.82 Income Tax - Total 120.60 48.42 57.90 75.41 81.27 90.24 79.02 42.38 121.93 124.75 Interest Cost - Domestic 0.26 8.93 14.67 18.61 21.79 22.75 23.58 36.00 42.49 37.23 Service Cost - Domestic 0.20 0.19 0.16 0.14 3.39 3.29 17.69 19.93 19.06 23.19 Prior Service Cost - Domestic -- -- -- -- 0.00 0.02 -0.39 -0.63 -0.62 -0.61 Expected Return on Assets - Domestic -- 13.05 -23.38 -24.98 -32.11 -35.80 -35.72 -54.64 -67.95 -61.24 Actuarial Gains and Losses - Domestic 0.13 1.97 1.35 1.65 3.71 4.01 9.89 19.41 17.64 30.93 Curtailments & Settlements - Domestic -3.74 126.06 8.12 -- 6.29 8.25 -1.06 142.74 1.77 0.42 Domestic Pension Plan Expense -3.14 150.19 0.91 -4.58 3.07 2.52 13.99 162.82 12.40 29.91 Interest Cost - Foreign 2.64 2.57 2.76 3.74 Service Cost - Foreign 1.08 1.41 3.14 2.91 Prior Service Cost - Foreign -- 0.01 0.06 0.06 Expected Return on Assets - Foreign -3.53 -3.99 -4.22 -4.43 Curtailments & Settlements - Foreign 0.37 0.04 0.24 0.27 Other Pension, Net - Foreign 0.30 0.88 1.99 2.30 Foreign Pension Plan Expense 0.86 0.92 3.96 4.84 Defined Contribution Expense - Domestic 29.57 26.28 22.59 24.84 26.48 25.29 8.36 10.91 12.16 11.86 Total Pension Expense 27.29 177.39 27.46 25.10 29.55 27.80 22.35 173.73 24.55 41.77 Discount Rate - Domestic 2.50 2.20 3.40 4.40 3.70 4.20 4.50 4.00 4.70 3.80 Discount Rate - Foreign 1.80 1.30 1.70 2.30 Expected Rate of Return - Domestic -- 3.00 4.00 5.00 5.00 6.00 6.10 6.30 7.30 7.40 Expected Rate of Return - Foreign 3.40 3.30 4.10 4.50 Compensation Rate - Domestic 3.00 2.50 2.50 2.50 2.50 2.50 2.70 2.70 4.10 4.10 Compensation Rate - Foreign 3.10 2.70 2.60 2.80 Total Plan Interest Cost 2.91 11.49 17.43 22.35 21.79 22.75 23.58 36.00 42.49 37.23 Total Plan Service Cost 1.28 1.61 3.30 3.05 3.39 3.29 17.69 19.93 19.06 23.19 Total Plan Expected Return -3.53 9.06 -27.59 -29.41 -32.11 -35.80 -35.72 -54.64 -67.95 -61.24 Total Plan Other Expense 0.30 0.88 1.99 2.30 For a more complete picture of our financial results, please review our SEC Filings In millions of USD (except for per share items) Copyright Refinitiv You are viewing data sourced from a third-party web site. 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