| 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 revenues | |||||||||||
4,720 | 4,579 | 5,209 | 5,019 | 4,447 | 4,277 | 4,082 | 4,088 | 4,285 | 4,002 | 4,067 | 4,021 |
Costs and expenses: | |||||||||||
Cost of sales | |||||||||||
1,807 | 1,850 | 2,033 | 1,905 | 1,677 | 1,698 | 1,672 | 1,671 | 1,836 | 1,690 | 1,676 | 1,692 |
Program cost amortization | |||||||||||
85 | 43 | 35 | 35 | 42 | 47 | 47 | 41 | 35 | 22 | 0 | - |
Royalties | |||||||||||
414 | 351 | 405 | 409 | 379 | 305 | 338 | 302 | 339 | 248 | 330 | 312 |
Product development | |||||||||||
262 | 246 | 269 | 266 | 242 | 222 | 207 | 201 | 197 | 201 | 181 | 191 |
Advertising | |||||||||||
413 | 439 | 501 | 468 | 409 | 420 | 398 | 422 | 413 | 420 | 412 | 454 |
Amortization of Intangible Assets | |||||||||||
47 | 28 | 28 | 34 | 43 | 52 | 78 | 50 | 46 | 50 | 85 | 78 |
Selling, distribution and administration | |||||||||||
1,037 | 1,287 | 1,124 | 1,110 | 960 | 895 | 871 | 847 | 822 | 781 | 793 | 797 |
Total costs and expenses | |||||||||||
4,068 | 4,248 | 4,399 | 4,231 | 3,755 | 3,641 | 3,615 | 3,537 | 3,691 | 3,414 | 3,479 | 3,527 |
Operating Income (Loss) | |||||||||||
652 | 331 | 810 | 788 | 691 | 635 | 467 | 551 | 593 | 587 | 588 | 494 |
Non-operating (income) expense: | |||||||||||
Interest Expense | |||||||||||
101 | 90 | 98 | 97 | 97 | 93 | -105 | -91 | -89 | -82 | -61 | -47 |
Interest income | |||||||||||
30 | 22 | 22 | 9 | 3 | 3 | -4 | -6 | -6 | -5 | -2 | -17 |
Other expense (income), net | |||||||||||
13 | 7 | 51 | -7 | 5 | -6 | 14 | 13 | 25 | 3 | 0 | 23 |
Total non-operating expense, net | |||||||||||
-57 | -60 | -24 | -95 | -88 | -95 | 115 | 98 | 107 | 80 | -58 | -53 |
Earnings (loss) before income taxes | |||||||||||
594 | 270 | 786 | 692 | 603 | 539 | 351 | 453 | 486 | 507 | 529 | 441 |
Income Tax Expense (Benefit) | |||||||||||
73 | 49 | 389 | 159 | 157 | 126 | 67 | 117 | 101 | 109 | 154 | 134 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
520 | 220 | 396 | 533 | 446 | 413 | 283 | 335 | 385 | - | - | - |
Net earnings attributable to noncontrolling interests | |||||||||||
- | - | - | -18 | -4 | -2 | -2 | 0 | 0 | - | - | - |
Net Income (Loss) Attributable to Parent | |||||||||||
- | - | - | 551 | 451 | 415 | 286 | 335 | 385 | 397 | 374 | 306 |
Earnings Per Share [Abstract] | |||||||||||
Earnings Per Share, Basic | |||||||||||
4.07 | 1.75 | 3.17 | 4.40 | 3.61 | 3.24 | 2.20 | 2.58 | 2.88 | 2.86 | 2.69 | 2.18 |
Earnings Per Share, Diluted | |||||||||||
4.05 | 1.74 | 3.12 | 4.34 | 3.57 | 3.20 | 2.17 | 2.55 | 2.82 | 2.74 | 2.48 | 2.00 |
Cash dividends declared per common share (in dollars per share) | |||||||||||
2.72 | 2.52 | 2.28 | 2.04 | 1.84 | 1.72 | 1.60 | 1.44 | 1.20 | 1.00 | 0.80 | 0.80 |