W.W. Grainger, Inc. GWW Income Statement

W.w. grainger, inc. (GWW)

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
Revenue from Contract with Customer, Excluding Assessed Tax
3,001	2,847	2,947	2,893	2,799	2,763	2,831	2,861	2,766	2,632	2,635	2,615	2,541	2,470	2,596	2,563	2,506	2,478	2,532	2,522	2,439	2,510	2,562	2,506	2,385	2,377	2,398	2,381	2,280	2,226	2,281	2,249	2,193	2,076	2,114	2,003	1,883	1,826	1,899	1,783	1,672	1,633	1,589	1,533	1,465	1,839
Cost of goods sold
1,880	1,765	1,848	1,772	1,704	1,697	1,752	1,750	1,674	1,610	1,618	1,575	1,521	1,480	1,556	1,523	1,461	1,475	1,471	1,449	1,345	1,456	1,459	1,425	1,309	1,370	1,347	1,334	1,248	1,256	1,287	1,270	1,219	1,171	1,201	1,140	1,053	1,063	1,109	1,036	966	949	929	908	835	1,097
Gross profit
1,121	1,082	1,099	1,121	1,095	1,066	1,079	1,111	1,092	1,021	1,017	1,039	1,019	990	1,039	1,040	1,045	1,002	1,061	1,073	1,093	1,054	1,102	1,080	1,075	1,006	1,051	1,046	1,031	969	993	978	974	905	912	862	829	763	789	747	705	684	659	624	629	742
Selling, general and administrative expenses
962	901	761	741	732	776	890	767	757	785	739	810	726	822	717	734	727	750	721	716	742	788	717	739	721	749	704	696	688	711	739	664	669	684	609	597	567	551	538	532	522	518	473	471	470	510
Operating Income (Loss)
159	181	338	380	363	290	189	344	335	235	277	229	292	167	322	305	317	251	340	356	351	266	385	340	354	256	346	350	343	258	254	314	304	221	303	265	262	211	251	214	182	165	186	153	159	231
Other (income) expense:
Interest Income (Expense), Net
-21	-103	21	22	-19	-152	22	23	25	-150	23	22	18	27	18	16	13	13	13	4	1	2	2	2	2	3	3	3	3	5	4	2	3	2	2	1	1	1	1	2	2	2	2	2	2	4
Interest income
-	-	1	1	-	-	2	2	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1
Losses from equity method investment
-	-	-	-	-	-	-	-	-11	-	-10	-6	-8	-8	-10	-5	-6	-1	-5	-4	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-0	-0	0	0	0	0	0
Gain on sale of investment in unconsolidated entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	-	-	0
Other, net
4	8	4	7	7	-6	2	1	8	-30	5	6	5	13	-1	-0	0	-4	-1	0	0	0	0	0	0	0	0	0	1	0	0	0	0	-0	0	0	0	0	0	0	0	-0	0	0	1	0
Other non-operating expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	3	1	0	0	0	0	0	1	0	0	1	0	1	0	0	0	0	0	0	0	-1	0	1	0	0
Total other expense, net
-17	-11	-16	-14	-12	-11	-18	-20	-28	-27	-27	-21	-21	-22	-29	-22	-19	-16	-21	-8	-3	-4	-2	-2	-2	-2	-2	-2	-1	-4	-3	-3	-1	4	-2	-1	-1	-1	-1	-2	-1	-1	46	-2	-0	-2
Earnings before income taxes
142	170	322	366	351	279	171	324	307	208	249	207	270	145	293	282	297	234	319	348	347	261	382	338	351	254	343	347	341	253	250	310	302	226	300	263	261	210	249	212	180	163	233	151	158	228
Income tax (benefit) provision
-43	53	78	94	89	60	56	76	66	45	79	100	87	76	99	103	105	85	122	123	133	110	149	129	132	94	130	126	127	95	92	117	113	74	116	92	102	76	98	83	81	66	88	59	62	88
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
185	117	244	272	262	219	115	248	241	162	170	106	182	68	193	179	191	149	196	225	214	151	233	209	219	159	213	220	214	158	157	193	189	151	184	171	159	133	151	129	99	97	144	92	96	-
Net Income (Loss) Attributable to Noncontrolling Interest
12	14	11	12	9	10	11	11	9	11	8	9	8	7	7	6	4	3	4	4	3	2	2	3	2	2	2	3	2	2	2	2	1	3	1	1	1	0	0	0	0	0	0	0	0	-
Net earnings attributable to W.W. Grainger, Inc.
173	103	233	260	253	209	104	237	232	151	162	97	174	60	185	172	186	145	192	220	211	148	230	205	216	156	210	217	211	156	155	190	187	148	182	169	157	132	150	129	99	97	144	92	96	140
Earnings per share:
Basic (in dollars per share)
3.20	1.89	4.27	4.69	4.50	3.70	1.84	4.19	4.09	2.64	2.80	1.68	2.95	1.06	3.07	2.81	3.00	2.36	2.94	3.28	3.11	2.18	3.33	2.97	3.11	2.25	2.99	3.08	2.99	2.21	2.19	2.68	2.63	2.08	2.56	2.39	2.23	1.85	2.10	1.76	1.34	1.29	1.91	1.23	1.27	1.80
Diluted (in dollars per share)
3.19	1.88	4.25	4.67	4.48	3.68	1.82	4.16	4.07	2.63	2.79	1.67	2.93	1.05	3.05	2.79	2.98	2.34	2.92	3.25	3.07	2.14	3.30	2.94	3.07	2.21	2.95	3.03	2.94	2.17	2.15	2.63	2.57	2.04	2.51	2.34	2.18	1.83	2.06	1.73	1.31	1.28	1.88	1.21	1.25	1.77
Weighted average number of shares outstanding:
Basic (in shares)
53	53	54	55	55	55	56	56	56	56	57	58	58	59	60	60	61	62	64	66	67	67	68	68	68	69	69	69	69	69	69	69	70	69	69	69	69	69	69	71	72	73	74	73	74	75
Diluted (in shares)
53	53	54	55	55	56	56	56	56	56	57	58	59	59	60	61	62	62	65	67	67	68	69	69	69	70	70	70	70	70	70	71	71	71	71	71	70	70	71	72	73	74	75	74	75	77
Cash dividends paid per share (in dollars per share)
1.44	-	1.44	1.44	1.36	-	1.36	1.36	1.28	-	1.28	1.28	1.22	-	1.22	1.22	1.17	-	1.17	1.17	1.08	-	1.08	1.08	0.93	-	0.93	0.93	0.80	-	0.80	0.80	0.66	-	0.66	0.66	0.54	0.54	0.54	0.54	0.46	0.46	0.46	0.46	0.40	0.40