Abb ltd (ABB)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Sales of products

28,133

27,816

29,477

33,279

35,282

32,979

31,875

26,291

26,820

29,705

24,816

Sales of services and other

6,179

6,012

6,004

6,551

6,566

6,357

6,115

5,298

4,975

5,207

4,367

Total revenues

34,312

33,828

35,481

39,830

41,848

39,336

37,990

31,589

31,795

34,912

29,183

Cost of sales of products

20,313

20,431

21,694

24,506

25,728

23,838

22,649

18,607

19,057

20,506

17,292

Cost of services and other

3,733

3,650

3,653

4,109

4,128

4,120

3,907

3,453

3,413

3,466

2,923

Total cost of sales

24,046

24,081

25,347

28,615

29,856

27,958

26,556

22,060

22,470

23,972

20,215

Gross profit

10,266

9,747

10,134

11,215

11,992

11,378

11,434

9,529

9,325

10,940

8,968

Selling, general and administrative expenses

5,607

5,349

5,574

6,067

6,094

5,756

5,373

4,615

4,491

4,795

4,975

Non-order related research and development expenses

1,365

1,300

1,406

1,499

1,470

1,464

1,371

1,082

1,037

1,027

-

Other income (expense), net

140

-111

-105

529

-41

-100

-23

-14

329

-566

30

Income from operations

3,434

2,987

3,049

4,178

4,387

4,058

4,667

3,818

4,126

4,552

4,023

Interest and dividend income

74

73

77

80

69

73

90

95

121

315

273

Interest and other finance expense

277

261

286

362

390

293

207

173

127

349

383

Income from continuing operations before taxes

3,231

2,799

2,840

3,896

4,066

3,838

4,550

3,740

4,120

4,518

3,913

Provision for taxes

860

781

788

1,202

1,122

1,030

1,244

1,018

1,001

1,119

595

Income from continuing operations, net of tax

2,371

2,018

2,052

2,694

2,944

2,808

3,306

2,722

3,119

3,399

3,318

Income (loss) from discontinued operations, net of tax

-6

16

3

24

-37

4

9

10

17

-21

586

Income before cumulative effect of accounting change, net of tax

-

-

-

-

-

-

-

-

-

-

3,904

Cumulative effect of accounting change, net of tax

-

-

-

-

-

-

-

-

-

-

-49

Net income

2,365

2,034

2,055

2,718

2,907

2,812

3,315

2,732

3,136

3,378

3,855

Net income attributable to noncontrolling interests

152

135

122

124

120

108

147

171

235

260

244

Net income attributable to ABB

2,213

1,899

1,933

2,594

2,787

2,704

3,168

2,561

2,901

3,118

3,611

Amounts attributable to ABB shareholders:
Income from continuing operations, net of tax

2,219

1,883

1,930

2,570

2,824

2,700

3,159

2,551

2,884

3,142

3,083

Net income

2,213

1,899

1,933

2,594

2,787

2,704

3,168

2,561

2,901

3,118

3,611

Basic earnings per share attributable to ABB shareholders:
Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

577

Cumulative effect of accounting change, net of tax

-

-

-

-

-

-

-

-

-

-

-49

Income from continuing operations, net of tax (in dollars per share)

1.04

0.88

0.87

1.12

1.23

1.18

1.38

1.12

1.26

1.37

1.37

Income (loss) from discontinued operations, net of tax (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.25

Cumulative effect of accounting change, net of tax (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.02

Net income (in dollars per share)

1.04

0.88

0.87

1.13

1.21

1.18

1.38

1.12

1.27

1.36

1.60

Diluted earnings per share attributable to ABB shareholders:
Income from continuing operations, net of tax (in dollars per share)

1.03

0.87

0.87

1.12

1.23

1.18

1.38

1.11

1.26

1.37

1.34

Income (loss) from discontinued operations, net of tax (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.25

Cumulative effect of accounting change, net of tax (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.02

Net income (in dollars per share)

1.03

0.88

0.87

1.13

1.21

1.18

1.38

1.12

1.27

1.36

1.57

Weighted-average number of shares outstanding (in millions) used to compute:
Basic earnings per share attributable to ABB shareholders (in shares)

2,138

2,151

2,226

2,288

2,297

2,293

2,288

2,287

2,284

2,287

2,258

Diluted earnings per share attributable to ABB shareholders (in shares)

2,148

2,154

2,230

2,295

2,305

2,295

2,291

2,291

2,288

2,296

2,308