| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||||
7,986 | 7,791 | 7,515 | 7,440 | 7,386 | 7,421 | 7,146 | 6,644 | 6,080 | 5,671 | 5,298 | 5,132 | 4,946 |
Cost of sales | ||||||||||||
4,363 | 4,215 | 4,060 | 4,270 | 4,000 | 4,085 | 3,865 | 3,784 | 3,548 | 3,255 | 3,245 | 3,375 | 3,315 |
Gross profit | ||||||||||||
3,622 | 3,575 | 3,455 | 3,169 | 3,386 | 3,336 | - | - | - | - | - | - | - |
Costs and expenses: | ||||||||||||
Selling, marketing and administrative expense | ||||||||||||
1,905 | 1,874 | 1,885 | 1,891 | 1,945 | 1,898 | 1,924 | 1,703 | 1,477 | 1,426 | 1,208 | 1,073 | 895 |
Long-lived asset impairment charges | ||||||||||||
112 | 57 | 208 | 4 | 0 | - | - | - | - | - | - | - | - |
Goodwill and indefinite-lived intangible asset impairment charges | ||||||||||||
- | - | - | - | 280 | 15 | 0 | - | - | - | - | - | - |
Business realignment costs | ||||||||||||
8 | 19 | 47 | 18 | 84 | 29 | 18 | 44 | -0 | 83 | 82 | 94 | 276 |
Total costs and expenses | ||||||||||||
- | - | - | - | - | - | 5,808 | 5,533 | 5,025 | 4,765 | 4,537 | 4,542 | 4,487 |
Operating Income (Loss) | ||||||||||||
1,595 | 1,623 | 1,313 | 1,255 | 1,075 | 1,392 | 1,338 | 1,111 | 1,055 | 905 | 761 | 589 | 458 |
Interest expense, net | ||||||||||||
-144 | -138 | -98 | -90 | -105 | -83 | -88 | -95 | -92 | -96 | 90 | 97 | 118 |
Other (income) expense, net | ||||||||||||
-71 | -74 | -104 | -65 | -68 | -2 | 1 | - | - | - | - | - | - |
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ||||||||||||
1,380 | 1,410 | 1,110 | 1,099 | 901 | 1,306 | 1,251 | 1,015 | 962 | 808 | 671 | 492 | 340 |
Provision for income taxes | ||||||||||||
234 | 239 | 354 | 379 | 388 | 459 | 430 | 354 | 333 | 299 | 235 | 180 | 126 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||||
1,146 | 1,171 | 756 | 720 | 512 | - | - | - | - | 509 | 435 | - | - |
Net (loss) income attributable to noncontrolling interests | ||||||||||||
-2 | -6 | -26 | 0 | 0 | - | - | - | - | - | - | - | - |
Net income attributable to The Hershey Company | ||||||||||||
1,149 | 1,177 | 782 | 720 | 512 | 846 | 820 | 660 | 628 | - | - | 311 | 214 |
Net income per share—basic: | ||||||||||||
Net income per share—diluted: | ||||||||||||
Dividends paid per share: | ||||||||||||
Average Shares Outstanding - Diluted | ||||||||||||
- | - | - | - | - | - | - | - | 229 | 230 | - | - | - |
Common stock | ||||||||||||
Earnings Per Share, Basic | ||||||||||||
5.64 | 5.76 | 3.79 | 3.45 | - | - | - | - | - | - | - | - | - |
Earnings Per Share, Diluted | ||||||||||||
5.46 | 5.58 | 3.66 | 3.34 | - | - | - | - | - | - | - | - | - |
Dividends paid per share (USD per share) | ||||||||||||
2.99 | 2.75 | 2.54 | 2.40 | - | - | - | - | - | - | - | - | - |
Class B common stock | ||||||||||||
Earnings Per Share, Basic | ||||||||||||
5.12 | 5.24 | 3.44 | 3.15 | - | - | - | - | - | - | - | - | - |
Earnings Per Share, Diluted | ||||||||||||
5.10 | 5.22 | 3.44 | 3.14 | - | - | - | - | - | - | - | - | - |
Dividends paid per share (USD per share) | ||||||||||||
2.71 | 2.50 | 2.31 | 2.18 | - | - | - | - | - | - | - | - | - |