Amgen Inc. AMGN Income Statement

Amgen inc. (AMGN)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues:
Total revenues
6,161	6,197	5,737	5,871	5,557	6,230	5,904	6,059	5,554	5,802	5,773	5,810	5,464	5,965	5,811	5,688	5,527	5,536	5,723	5,370	5,033	5,331	5,031	5,180	4,521	5,011	4,748	4,679	4,238	4,421	4,319	4,477	4,048	3,973	3,944	3,959	3,706	3,841	3,816	3,804	3,592	3,809	3,812	3,713	3,308	3,875	3,764
Operating expenses:
Cost of sales
1,513	1,253	1,036	1,012	1,055	1,096	1,037	1,024	944	1,059	990	1,024	996	1,067	1,027	1,050	1,018	1,071	1,034	1,089	1,033	1,183	1,068	1,081	1,090	1,029	788	785	744	922	775	752	750	937	605	602	564	572	587	553	508	538	545	531	477	677	515
Research and development
952	1,312	1,001	924	879	1,182	926	869	760	1,043	877	873	769	1,078	990	900	872	1,093	1,119	964	894	1,234	1,018	1,018	1,027	1,249	989	967	878	938	880	826	736	851	761	819	736	854	719	675	646	891	647	693	633	729	809
Selling, general and administrative
1,316	1,513	1,223	1,260	1,154	1,559	1,293	1,353	1,127	1,427	1,170	1,209	1,064	1,323	1,244	1,292	1,203	1,416	1,244	1,160	1,026	1,327	1,213	1,136	1,023	1,521	1,249	1,256	1,158	1,373	1,131	1,231	1,079	1,221	1,125	1,130	1,023	1,156	957	986	884	1,180	932	910	798	900	904
Amortization of certain acquired intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	73	74	73	74	73	74	73	74	73	74	74	73
Other
25	71	1	-3	-3	11	325	-19	-3	28	297	6	44	12	23	66	32	-77	-13	81	58	128	266	43	17	25	34	121	16	100	110	79	6	23	854	3	16	118	0	0	-1	4	9	49	5	12	284
Total operating expenses
3,806	4,149	3,261	3,193	3,085	3,848	3,581	3,227	2,828	3,557	3,334	3,112	2,873	3,480	3,284	3,308	3,125	3,503	3,384	3,294	3,011	3,872	3,565	3,278	3,157	3,824	3,060	3,129	2,796	3,333	2,896	2,888	2,571	2,811	3,419	2,627	2,413	2,773	2,337	2,287	2,111	2,686	2,207	2,256	1,987	2,392	2,585
Operating income
2,355	2,048	2,476	2,678	2,472	2,382	2,323	2,832	2,726	2,245	2,439	2,698	2,591	2,485	2,527	2,380	2,402	2,033	2,339	2,076	2,022	1,459	1,466	1,902	1,364	1,187	1,688	1,550	1,442	1,088	1,423	1,589	1,477	1,162	525	1,332	1,293	1,068	1,479	1,517	1,481	1,123	1,605	1,457	1,321	1,483	1,179
Interest expense, net
346	301	313	332	343	352	355	347	338	332	325	321	326	328	325	313	294	284	282	277	252	261	269	282	259	261	257	241	263	291	271	256	235	195	158	122	135	162	150	147	145	142	139	150	147	133	137
Interest and other income, net
11	236	114	218	185	155	126	162	231	301	267	165	195	126	216	137	150	164	135	198	106	88	140	138	99	88	72	96	164	126	111	124	124	84	87	129	148	93	105	94	84	94	74	50	58	62	88
Income before income taxes
2,020	1,983	2,277	2,564	2,314	2,185	2,094	2,647	2,619	2,214	2,381	2,542	2,460	2,283	2,418	2,204	2,258	1,913	2,192	1,997	1,876	1,286	1,337	1,758	1,204	1,014	1,503	1,405	1,343	923	1,263	1,457	1,366	1,051	454	1,339	1,306	999	1,434	1,464	1,420	1,075	1,540	1,357	1,232	1,412	1,130
Provision for income taxes
195	280	309	385	322	257	235	351	308	6,478	360	391	389	348	401	334	358	113	329	344	253	-8	93	211	131	-7	135	147	-91	135	156	191	182	117	0	169	181	-23	198	262	253	144	154	88	213	291	224
Net income
1,825	1,703	1,968	2,179	1,992	1,928	1,859	2,296	2,311	-4,264	2,021	2,151	2,071	1,935	2,017	1,870	1,900	1,800	1,863	1,653	1,623	1,294	1,244	1,547	1,073	1,021	1,368	1,258	1,434	788	1,107	1,266	1,184	934	454	1,170	1,125	1,022	1,236	1,202	1,167	931	1,386	1,269	1,019	1,121	906
Earnings per share:
Basic (in usd per share)
3.09	2.88	3.29	3.59	3.20	3.05	2.88	3.50	3.27	-5.81	2.78	2.93	2.81	2.61	2.70	2.49	2.52	2.38	2.46	2.18	2.13	1.71	1.63	2.04	1.42	1.36	1.81	1.67	1.91	1.04	1.44	1.63	1.50	1.10	0.50	1.26	1.21	1.09	1.29	1.25	1.19	0.93	1.36	1.25	0.99	1.06	0.84
Diluted (in usd per share)
3.07	2.86	3.27	3.57	3.18	3.03	2.86	3.48	3.25	-5.77	2.76	2.91	2.79	2.59	2.68	2.47	2.50	2.36	2.44	2.15	2.11	1.68	1.61	2.01	1.40	1.32	1.79	1.65	1.88	1.02	1.41	1.61	1.48	1.09	0.50	1.25	1.20	1.08	1.28	1.25	1.18	0.92	1.36	1.25	0.98	1.05	0.84
Shares used in calculation of earnings per share:
Basic (in shares)
590	592	599	607	622	636	645	656	707	725	728	734	737	741	747	751	753	754	757	760	761	759	761	759	757	755	754	752	751	762	771	776	791	853	907	927	933	941	958	959	982	1,003	1,016	1,013	1,032	1,058	1,078
Diluted (in shares)
594	598	602	610	626	640	649	660	711	728	733	738	741	747	753	756	760	762	764	768	770	773	771	768	768	766	766	764	764	780	783	785	800	858	914	935	941	946	962	964	988	1,008	1,022	1,017	1,037	1,064	1,081
Dividends paid per share (in usd per share)
-	-	-	-	-	-	-	-	-	-	1.15	1.15	1.15	-	1.00	1.00	1.00	-	0.79	0.79	0.79	-	0.61	0.61	0.61	-	0.47	0.47	0.47	-	0.36	0.36	0.36	-	0.28	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-
Product sales [Member]
Revenue from Contract with Customer, Including Assessed Tax
5,894	5,881	5,463	5,574	5,286	6,001	5,510	5,679	5,343	5,569	5,453	5,574	5,199	5,663	5,516	5,474	5,239	5,329	5,516	5,225	4,874	5,174	4,848	4,949	4,356	4,799	4,647	4,595	4,151	4,337	4,201	4,200	3,901	3,907	3,877	3,893	3,618	3,760	3,759	3,613	3,528	3,743	3,736	3,634	3,238	3,784	3,692
Other revenues [Member]
Total revenues
267	316	274	297	271	229	394	380	211	233	320	236	265	302	295	214	288	207	207	145	159	157	183	231	165	212	101	84	87	84	118	277	147	66	67	66	88	81	57	191	64	66	76	79	70	91	72