| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||
6,214 | 6,124 | 5,973 | 5,761 | 5,655 | 5,514 | 5,533 | 5,379 | 5,231 | 5,234 | 5,158 | 5,273 |
Cost of products sold | |||||||||||
3,486 | 3,449 | 3,302 | 3,163 | 3,190 | 3,158 | 3,142 | 3,107 | 2,958 | 2,915 | 2,954 | 3,098 |
Gross profit | |||||||||||
2,728 | 2,675 | 2,671 | 2,598 | 2,465 | 2,356 | 2,391 | 2,272 | 2,273 | 2,319 | 2,204 | 2,175 |
Selling and administrative expenses | |||||||||||
856 | 837 | 810 | 806 | 798 | 751 | 793 | 783 | 735 | 734 | 703 | 690 |
Advertising costs | |||||||||||
612 | 570 | 599 | 587 | 523 | 503 | 498 | 477 | 502 | 494 | 474 | 486 |
Research and development costs | |||||||||||
136 | 132 | 135 | 141 | 136 | 125 | 130 | 121 | 115 | 118 | 113 | 111 |
Restructuring and asset impairment costs | |||||||||||
- | - | - | - | - | - | - | - | - | - | 19 | 36 |
Goodwill impairment | |||||||||||
- | - | - | - | - | - | - | - | 258 | 0 | - | - |
Interest expense | |||||||||||
97 | 85 | 88 | 88 | 100 | 103 | 122 | 125 | 123 | 139 | 161 | 168 |
Other (income) expense, net | |||||||||||
3 | -3 | 6 | -7 | -13 | -10 | -4 | -12 | -23 | 29 | 25 | -9 |
Earnings before income taxes | |||||||||||
1,024 | 1,054 | 1,033 | 983 | 921 | 884 | 852 | 778 | 563 | 805 | 709 | 693 |
Income taxes | |||||||||||
204 | 231 | 330 | 335 | 315 | 305 | 279 | 243 | 276 | 279 | 237 | 232 |
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | |||||||||||
820 | 823 | 703 | 648 | 606 | 579 | 573 | 535 | 287 | 526 | 472 | - |
Losses from discontinued operations, net of tax | |||||||||||
0 | 0 | -2 | 0 | -26 | -21 | -1 | 6 | 270 | 77 | 65 | - |
Net earnings | |||||||||||
820 | 823 | 701 | 648 | 580 | 558 | 572 | 541 | 557 | 603 | 537 | 461 |
Basic continuing operations (in dollars per share) | |||||||||||
6.42 | 6.37 | 5.45 | 5.01 | 4.65 | 4.47 | 4.37 | 4.09 | 2.09 | 3.73 | 3.36 | - |
Basic discontinued operations (in dollars per share) | |||||||||||
0.00 | 0.00 | -0.02 | 0.00 | -0.20 | -0.16 | 0.00 | 0.05 | 1.97 | 0.55 | 0.46 | - |
Net earnings per share | |||||||||||
Basic net earnings per share (in dollars per share) | |||||||||||
6.42 | 6.37 | 5.43 | 5.01 | 4.45 | 4.31 | 4.37 | 4.14 | 4.06 | 4.28 | 3.82 | 3.27 |
Diluted continuing operations (in dollars per share) | |||||||||||
6.32 | 6.26 | 5.35 | 4.92 | 4.57 | 4.39 | 4.31 | 4.05 | 2.07 | 3.69 | 3.33 | - |
Diluted discontinued operations (in dollars per share) | |||||||||||
0.00 | 0.00 | -0.02 | 0.00 | -0.20 | -0.16 | -0.01 | 0.04 | 1.95 | 0.55 | 0.46 | - |
Diluted net earnings per share (in dollars per share) | |||||||||||
6.32 | 6.26 | 5.33 | 4.92 | 4.37 | 4.23 | 4.30 | 4.09 | 4.02 | 4.24 | 3.79 | 3.23 |
Weighted average shares outstanding (in thousands) | |||||||||||
Basic (in shares) | |||||||||||
127 | 129 | 128 | 129 | 130 | 129 | 131 | 130 | 136 | 140 | 139 | 139 |
Diluted (in shares) | |||||||||||
129 | 131 | 131 | 131 | 132 | 131 | 132 | 132 | 138 | 141 | 140 | 141 |