| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue, Net | ||||||||||
11,437 | 10,534 | 10,776 | 12,273 | 11,925 | 11,224 | 11,252 | 10,116 | 8,956 | 10,796 | 9,402 |
Cost of sales, exclusive of depreciation and amortization | ||||||||||
6,455 | 5,860 | 5,960 | 6,962 | 6,744 | 6,396 | 6,458 | 5,754 | 5,032 | 6,495 | 5,557 |
Selling, general and administrative | ||||||||||
1,207 | 1,145 | 1,152 | 1,308 | 1,349 | 1,270 | 1,239 | 1,196 | 1,088 | 1,312 | 1,190 |
Depreciation and amortization | ||||||||||
1,184 | 1,122 | 1,106 | 1,170 | 1,109 | 1,001 | 1,003 | 925 | 846 | 850 | 774 |
Research and development | ||||||||||
93 | 92 | 93 | 96 | 98 | 98 | 90 | 79 | 74 | 97 | 98 |
Other Nonrecurring (Income) Expense | ||||||||||
54 | 100 | 172 | 138 | 32 | 65 | 1 | 85 | 306 | 194 | 0 |
Other income (expense) - net | ||||||||||
4 | 23 | 28 | 9 | 32 | 43 | 7 | 5 | -35 | 35 | 3 |
Operating Income (Loss) | ||||||||||
2,448 | 2,238 | 2,321 | 2,608 | 2,625 | 2,437 | 2,468 | 2,082 | 1,575 | 1,883 | 1,786 |
Interest expense - net | ||||||||||
161 | 190 | 161 | 213 | 178 | 141 | 145 | 118 | 133 | 198 | 173 |
INCOME BEFORE INCOME TAXES AND EQUITY INVESTMENTS | ||||||||||
2,287 | 2,048 | 2,160 | 2,395 | 2,447 | 2,296 | 2,323 | 1,964 | 1,442 | 1,685 | 1,613 |
Income taxes | ||||||||||
1,026 | 551 | 612 | 691 | 649 | 586 | 641 | 768 | 169 | 465 | 419 |
INCOME BEFORE EQUITY INVESTMENTS | ||||||||||
1,261 | 1,497 | 1,548 | 1,704 | 1,798 | 1,710 | 1,682 | 1,196 | 1,273 | 1,220 | 1,194 |
Income from equity investments | ||||||||||
47 | 41 | 43 | 42 | 38 | 34 | 40 | 38 | 24 | 36 | 26 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||
1,308 | 1,538 | 1,591 | 1,746 | 1,836 | 1,744 | 1,722 | 1,234 | 1,297 | 1,256 | 1,220 |
Less: noncontrolling interests | ||||||||||
61 | 38 | 44 | 52 | 81 | 52 | 50 | 39 | 43 | 45 | 43 |
Net Income (Loss) Attributable to Parent | ||||||||||
1,247 | 1,500 | 1,547 | 1,694 | 1,755 | 1,692 | 1,672 | 1,195 | 1,254 | 1,211 | 1,177 |
Earnings Per Share [Abstract] | ||||||||||
Basic earnings per share (usd per share) | ||||||||||
4.36 | 5.25 | 5.39 | 5.79 | 5.94 | 5.67 | 5.53 | 3.90 | 4.08 | 3.87 | 3.69 |
Diluted earnings per share (usd per share) | ||||||||||
4.32 | 5.21 | 5.35 | 5.73 | 5.87 | 5.61 | 5.45 | 3.84 | 4.01 | 3.80 | 3.62 |
WEIGHTED AVERAGE SHARES OUTSTANDING (000’s): | ||||||||||
Basic shares outstanding (in shares) | ||||||||||
286 | 285 | 287 | 292 | 295 | 298 | 302 | 306 | 307 | 312 | 318 |
Diluted shares outstanding (in shares) | ||||||||||
289 | 287 | 289 | 295 | 298 | 301 | 306 | 311 | 312 | 318 | 324 |