Estée lauder companies inc (EL)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09
Net sales

14,863

13,683

11,824

11,262

10,780

10,968

10,181

9,713

8,810

7,795

7,323

Cost of sales

3,387

2,844

2,434

2,181

2,100

2,158

2,025

1,995

1,936

1,829

1,881

Gross profit

11,476

10,839

9,390

9,081

8,680

8,810

8,155

7,717

6,873

5,966

5,442

Operating expenses
Selling, general and administrative

8,857

8,553

7,460

7,338

7,074

6,985

6,597

6,324

5,696

5,067

4,883

Restructuring and other charges

216

231

195

133

-

-2

15

59

49

61

76

Goodwill impairment

68

-

28

-

-

-

9

-

29

16

14

Impairments of other intangible and long-lived assets

22

-

3

-

-

-

8

21

8

31

48

Total operating expenses

9,163

8,784

7,686

7,471

7,074

6,983

6,629

6,406

5,783

5,176

5,023

Operating income

2,313

2,055

1,704

1,610

1,606

1,827

1,526

1,311

1,089

789

418

Interest expense

133

128

103

71

60

59

63

-

-

-

-

Interest expense on debt extinguishment

-

-

-

-

-

-

19

-

-

27

-

Interest income and investment income, net

58

56

28

16

15

8

8

-

-

-

-

Other components of net periodic benefit cost

2

3

12

-

-

-

-

-

-

-

-

Other income, net

71

-

-

-

-

-

23

10

-

-

-

Earnings before income taxes

2,307

1,980

1,617

1,555

1,561

1,776

1,475

1,261

1,025

688

342

Interest expense, net

-

-

-

-

-

-

-

-61

-63

-74

-75

Provision for income taxes

513

863

361

434

467

567

451

400

321

205

115

Net earnings (loss)

1,794

1,117

1,256

1,121

1,094

1,209

1,023

860

703

482

226

Net earnings attributable to noncontrolling interests

9

9

7

6

5

5

4

3

3

4

8

Net earnings (loss) attributable to The Estée Lauder Companies Inc.

1,785

1,108

1,249

1,115

1,089

1,204

1,019

856

700

478

218

Net earnings (loss) attributable to The Estée Lauder Companies Inc. per common share
Basic (in dollars per share)

4.91

3.01

3.40

3.01

2.87

3.12

2.63

2.20

1.78

1.21

1.11

Diluted (in dollars per share)

4.82

2.95

3.35

2.96

2.82

3.06

2.58

2.16

1.74

1.19

1.10

Weighted-average common shares outstanding
Basic (in shares)

363

368

367

370

379

386

387

388

394

395

196

Diluted (in shares)

370

375

373

376

385

393

394

397

402

401

197

Cash dividends declared per common share (in dollars per share)

-

-

-

1.14

0.92

0.78

1.08

0.52

0.37

0.27

0.55