Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | |||||||||||
4,357 | 4,145 | 3,776 | 3,493 | 3,394 | 3,297 | 3,194 | 2,921 | 2,749 | 2,589 | 2,520 | 2,422 |
Cost of sales | |||||||||||
2,373 | 2,305 | 2,046 | 1,902 | 1,883 | 1,844 | 1,756 | 1,630 | 1,534 | 1,431 | 1,419 | 1,450 |
Gross Profit | |||||||||||
1,984 | 1,840 | 1,729 | 1,590 | 1,511 | 1,452 | 1,438 | 1,291 | 1,214 | 1,157 | 1,101 | 971 |
Marketing expenses | |||||||||||
515 | 483 | 454 | 427 | 417 | 416 | 399 | 357 | 354 | 338 | 353 | 294 |
Selling, general and administrative expenses | |||||||||||
628 | 565 | 542 | 439 | 420 | 394 | 416 | 389 | 367 | 374 | 354 | 337 |
Patent litigation settlement | |||||||||||
- | - | - | - | - | - | - | - | - | - | 20 | 0 |
Income from Operations | |||||||||||
840 | 791 | 732 | 724 | 674 | 641 | 622 | 545 | 492 | 445 | 412 | 340 |
Equity in earnings of affiliates | |||||||||||
6 | 9 | 10 | 9 | -5 | 11 | 2 | 8 | 10 | 5 | 12 | 11 |
Investment earnings | |||||||||||
1 | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | 0 | 1 | 6 |
Other income (expense), net | |||||||||||
-1 | -3 | -0 | -1 | -4 | -2 | -2 | 0 | -1 | -4 | 1 | -3 |
Interest expense | |||||||||||
73 | 79 | 52 | 27 | 30 | 27 | 27 | 14 | 8 | 27 | 35 | 46 |
Income before Income Taxes | |||||||||||
773 | 719 | 692 | 705 | 635 | 624 | 597 | 542 | 494 | 418 | 392 | 308 |
Income taxes | |||||||||||
157 | 150 | -50 | 246 | 225 | 211 | 203 | 192 | 185 | 147 | 148 | 113 |
Net Income | |||||||||||
- | - | - | 459 | 410 | 413 | 394 | 349 | 309 | 270 | 243 | 195 |
Noncontrolling interest | |||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 |
Net Income | |||||||||||
615 | 568 | 743 | - | - | - | - | - | - | - | 243 | 195 |
Weighted average shares outstanding - Basic | |||||||||||
246 | 245 | 250 | 257 | 262 | 270 | 138 | 140 | 143 | 142 | 140 | 67 |
Weighted average shares outstanding - Diluted | |||||||||||
252 | 250 | 256 | 262 | 267 | 275 | 141 | 142 | 145 | 144 | 143 | 71 |
Net income per share - Basic | |||||||||||
2.50 | 2.32 | 2.97 | 1.78 | 1.57 | 1.53 | 2.85 | 2.50 | 2.16 | 1.91 | 1.73 | 2.88 |
Net income per share - Diluted | |||||||||||
2.44 | 2.27 | 2.90 | 1.75 | 1.54 | 1.51 | 2.79 | 2.45 | 2.12 | 1.87 | 1.70 | 2.78 |
Cash dividends per share | |||||||||||
0.91 | 0.87 | 0.76 | 0.71 | 0.67 | 0.62 | 1.12 | 0.96 | 0.68 | 0.31 | 0.23 | 0.34 |