Consolidated Statements of Operations (millions, except per share data) 2020 2019 Sales Other revenue $ 92,400...

Transcribed Image Text:

Consolidated Statements of Operations (millions, except per share data) 2020 2019 Sales Other revenue $ 92,400 $ 77,130 $ 2018 74,433 1,161 982 923 Total revenue 93,561 78,112 75,356 Cost of sales 66,177 54,864 53,299 Selling, general and administrative expenses 18,615 16,233 15,723 Depreciation and amortization (exclusive of depreciation included in cost of sales) 2,230 2,357 2,224 Operating income 6,539 4,658 4,110 Net interest expense 977 477 461 Net other (income)/expense 16 (9) (27) Earnings from continuing operations before income taxes 5,546 4,190 3,676 Provision for income taxes 1,178 921 746 Net earnings from continuing operations 4,368 3,269 2,930 Discontinued operations, net of tax 12 7 Net earnings S 4,368 $ 3,281 $ 2,937 Basic earnings per share Continuing operations Discontinued operations Net earnings per share Diluted earnings per share Continuing operations Discontinued operations $ 8.72 $ 6.39 $ 5.54 0.02 0.01 $ 8.72 $ 6.42 $ 5.55 $ 8.64 $ 6.34 $ 5.50 0.02 0.01 Net earnings per share $ 8.64 $ 6.36 $ 5.51 Weighted average common shares outstanding Basic 500.6 510.9 528.6 Diluted 505.4 515.6 533.2 Antidilutive shares Note: Per share amounts may not foot due to rounding. Consolidated Statements of Operations (millions, except per share data) 2020 2019 Sales Other revenue $ 92,400 $ 77,130 $ 2018 74,433 1,161 982 923 Total revenue 93,561 78,112 75,356 Cost of sales 66,177 54,864 53,299 Selling, general and administrative expenses 18,615 16,233 15,723 Depreciation and amortization (exclusive of depreciation included in cost of sales) 2,230 2,357 2,224 Operating income 6,539 4,658 4,110 Net interest expense 977 477 461 Net other (income)/expense 16 (9) (27) Earnings from continuing operations before income taxes 5,546 4,190 3,676 Provision for income taxes 1,178 921 746 Net earnings from continuing operations 4,368 3,269 2,930 Discontinued operations, net of tax 12 7 Net earnings S 4,368 $ 3,281 $ 2,937 Basic earnings per share Continuing operations Discontinued operations Net earnings per share Diluted earnings per share Continuing operations Discontinued operations $ 8.72 $ 6.39 $ 5.54 0.02 0.01 $ 8.72 $ 6.42 $ 5.55 $ 8.64 $ 6.34 $ 5.50 0.02 0.01 Net earnings per share $ 8.64 $ 6.36 $ 5.51 Weighted average common shares outstanding Basic 500.6 510.9 528.6 Diluted 505.4 515.6 533.2 Antidilutive shares Note: Per share amounts may not foot due to rounding.