Fortive Corporation FTV Income Statement

Fortive corporation (FTV)

Income statement / TTM

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	Sep'15	Jun'15
Sales
7,440	7,320	7,075	6,816	6,553	6,452	5,602	5,686	5,713	5,756	5,630	5,512	5,438	5,378	6,121	6,119	0	0	0
Cost of sales
3,697	3,639	3,532	3,375	3,185	3,131	2,646	2,716	2,769	2,834	2,792	2,741	2,704	2,692	3,138	3,144	0	0	0
Gross profit
3,743	3,680	3,542	3,440	3,367	3,321	2,955	2,969	2,943	2,921	2,837	2,771	2,734	2,685	2,983	2,975	0	0	0
Operating costs:
Selling, general and administrative expenses
2,290	2,219	2,085	1,959	1,826	1,728	1,552	1,493	1,445	1,409	1,320	1,294	1,286	1,272	1,392	1,370	0	0	0
Research and development expenses
461	456	454	438	423	414	377	375	373	369	362	355	353	351	381	382	0	0	0
Impairment of goodwill
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating profit
906	1,004	1,003	1,042	1,117	1,178	1,025	1,100	1,125	1,143	1,154	1,121	1,094	1,061	1,210	1,222	0	0	0
Non-operating expenses, net:
Gain (Loss) on Disposition of Business
-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-
Interest expense, net
182	164	143	119	99	97	90	90	89	88	88	89	69	46	0	0	0	0	0
Other non-operating expenses, net
-11	-6	-2	-1	-1	-3	-0	0	2	4	0	0	0	-	-	-	-	-	-
Earnings from continuing operations before income taxes
753	874	899	921	1,016	1,078	938	1,029	1,055	1,073	1,074	1,026	1,019	1,010	1,184	1,219	0	0	0
Income taxes
149	149	112	128	148	160	83	120	156	189	274	266	261	270	339	375	0	0	0
Net earnings from continuing operations
603	725	786	793	868	918	0	0	0	-	-	-	-	-	-	-	-	-	-
Earnings (loss) from discontinued operations, net of income taxes
12	13	1,871	1,903	1,948	1,995	0	0	0	-	-	-	-	-	-	-	-	-	-
Net earnings
616	738	2,658	2,696	2,817	2,913	1,138	1,160	1,106	1,044	932	891	890	872	844	844	0	0	0
Mandatory convertible preferred dividends
69	69	69	69	52	34	17	0	0	-	0	0	-	-	-	-	-	-	-
Net earnings attributable to common stockholders
547	669	2,589	2,627	2,764	2,878	1,051	1,063	0	-	0	0	-	-	-	-	-	-	-
Net earnings per common share from continuing operations:
Net earnings per common share from continuing operations - basic (in dollars per share)
0.07	0.47	0.57	0.47	0.44	0.67	0.56	0.72	0.61	-	-	-	-	-	-	-	-	-	-
Net earnings per common share from continuing operations - diluted (in dollars per share)
0.07	0.47	0.56	0.47	0.43	0.66	0.55	0.70	0.61	-	-	-	-	-	-	-	-	-	-
Net earnings per share from discontinued operations:
Net earnings per share from discontinued operations - basic (in dollars per share)
0.00	0.04	0.00	0.00	0.00	5.42	0.09	0.13	0.14	-	-	-	-	-	-	-	-	-	-
Net earnings per share from discontinued operations - diluted (in dollars per share)
0.00	0.04	0.00	0.00	0.00	5.34	0.09	0.13	0.13	-	-	-	-	-	-	-	-	-	-
Net earnings per share:
Net earnings per share - Basic (in dollars per share)
0.07	0.52	0.56	0.47	0.44	6.09	0.65	0.84	0.75	0.97	0.77	0.69	0.58	0.64	0.66	0.69	0.53	0.57	-
Net earnings per share - Diluted (in dollars per share)
0.07	0.52	0.56	0.46	0.43	6.00	0.64	0.83	0.74	0.95	0.76	0.68	0.57	0.64	0.65	0.69	0.53	0.57	-
Average common stock and common equivalent shares outstanding:
Basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.66
Weighted average common shares outstanding used in basic earnings per share (in shares)
336	336	336	335	335	334	349	349	348	348	347	347	347	346	346	345	345	345	-
Weighted average common shares outstanding used in diluted earnings per share (in shares)
340	340	339	339	339	338	355	355	354	353	352	352	351	349	349	345	345	345	-
Basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	345
Products
Sales
6,479	6,396	6,205	6,011	5,827	5,755	0	0	0	-	-	-	-	-	-	-	-	-	-
Cost of sales
3,095	3,050	2,963	2,841	2,690	2,657	0	0	0	-	-	-	-	-	-	-	-	-	-
Services
Sales
961	923	869	805	725	697	0	0	0	-	-	-	-	-	-	-	-	-	-
Cost of sales
601	588	569	533	495	474	0	0	0	-	-	-	-	-	-	-	-	-	-