PRAXAIR INC PX Income Statement

Praxair inc (PX)

Income statement / Quarterly

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	Dec'08	Sep'08	Jun'08	Mar'08
Revenue, Net
3,024	3,061	2,999	2,953	2,922	2,834	2,728	2,644	2,716	2,665	2,509	2,595	2,686	2,738	2,757	2,990	3,144	3,113	3,026	3,010	3,013	3,014	2,888	2,799	2,774	2,811	2,840	2,796	2,896	2,858	2,702	2,623	2,538	2,527	2,428	2,407	2,288	2,138	2,123	2,403	2,852	2,878	2,663
Cost of sales, exclusive of depreciation and amortization
1,714	1,723	1,677	1,655	1,652	1,599	1,549	1,478	1,533	1,468	1,381	1,426	1,488	1,516	1,530	1,689	1,780	1,767	1,726	1,699	1,697	1,710	1,638	1,583	1,595	1,602	1,616	1,598	1,684	1,640	1,536	1,492	1,444	1,437	1,381	1,370	1,277	1,190	1,195	1,418	1,734	1,748	1,595
Selling, general and administrative
294	307	310	312	300	305	290	272	291	308	274	275	281	297	299	320	327	335	326	332	336	344	337	319	306	310	335	315	307	309	308	301	299	302	294	274	284	265	265	295	341	341	335
Depreciation and amortization
306	311	311	307	298	292	287	285	284	281	272	275	276	278	277	291	301	293	285	287	281	275	266	254	248	247	252	249	256	254	244	240	227	230	228	223	217	207	199	206	218	216	210
Research and development
23	24	24	24	23	23	23	23	22	24	23	23	23	23	24	24	25	24	23	26	24	24	24	25	24	25	24	23	22	23	22	23	19	19	18	18	20	18	18	25	24	24	24
Other Nonrecurring (Income) Expense
31	24	19	19	14	15	6	-	100	-	-	-	26	146	-	-	-	-	-	0	9	0	23	0	65	0	0	-	-	-	-	58	0	0	27	0	306	0	0	-	0	-	-
Other income (expense) - net
13	17	-5	7	-3	6	-6	13	11	4	-5	28	2	2	-4	-3	0	3	9	24	4	4	0	-2	22	9	14	8	5	-5	-1	-4	2	8	-1	-10	-10	-11	-4	32	9	-6	0
Pension settlement charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	17
Operating Income (Loss)
669	689	653	643	632	606	567	599	497	588	554	624	594	480	623	525	711	697	675	690	670	665	600	616	558	636	627	618	632	627	591	505	551	547	479	512	174	447	442	314	544	543	482
Interest expense - net
40	44	46	41	41	38	41	38	43	44	65	42	35	40	44	79	45	43	46	56	41	41	40	35	36	33	37	38	36	36	35	28	29	29	32	33	32	33	35	49	50	52	47
Net pension and OPEB cost (benefit), excluding service cost
6	2	2	-	6	2	-15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME BEFORE INCOME TAXES AND EQUITY INVESTMENTS
623	643	605	595	585	566	541	561	454	544	489	582	559	440	579	446	666	654	629	634	629	624	560	581	522	603	590	580	596	591	556	477	522	518	447	479	142	414	407	265	494	491	435
Income taxes
156	158	148	558	162	157	149	152	120	146	133	163	156	131	162	145	187	183	176	136	175	174	164	162	90	169	165	156	166	163	156	346	146	145	131	133	-187	109	114	67	139	137	122
INCOME BEFORE EQUITY INVESTMENTS
467	485	457	37	423	409	392	409	334	398	356	419	403	309	417	301	479	471	453	498	454	450	396	419	432	434	425	424	430	428	400	131	376	373	316	346	329	305	293	-	355	354	-
Income (Loss) from Continuing Operations, Total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	313
Income from equity investments
13	14	15	12	12	11	12	10	10	11	10	12	10	10	11	12	11	10	9	9	8	11	10	9	8	10	7	7	13	11	9	11	12	8	7	6	7	6	5	8	11	8	9
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
480	499	472	49	435	420	404	419	344	409	366	431	413	319	428	313	490	481	462	507	462	461	406	428	440	444	432	431	443	439	409	142	388	381	323	352	336	311	298	206	366	362	322
Less: noncontrolling interests
19	19	10	16	16	14	15	13	5	10	10	9	12	11	12	11	13	14	14	33	17	16	15	14	10	15	13	11	14	14	11	9	11	10	9	12	11	12	8	6	11	13	15
Net Income (Loss) Attributable to Parent
461	480	462	33	419	406	389	406	339	399	356	422	401	308	416	302	477	467	448	474	445	445	391	414	430	429	419	420	429	425	398	133	377	371	314	340	325	299	290	200	355	349	307
Earnings Per Share [Abstract]
Basic earnings per share (usd per share)
1.60	1.67	1.61	0.00	1.46	1.42	1.36	1.41	1.19	1.40	1.25	1.48	1.40	1.07	1.44	1.05	1.63	1.59	1.52	1.61	1.51	1.50	1.32	1.40	1.44	1.43	1.40	1.40	1.42	1.40	1.31	0.45	1.22	1.21	1.02	1.11	1.06	0.97	0.94	0.65	1.13	1.11	0.98
Diluted earnings per share (usd per share)
1.58	1.65	1.59	0.00	1.45	1.41	1.35	1.40	1.18	1.39	1.24	1.46	1.40	1.06	1.43	1.02	1.62	1.58	1.51	1.59	1.49	1.49	1.30	1.38	1.43	1.42	1.38	1.38	1.40	1.38	1.29	0.43	1.21	1.19	1.01	1.08	1.04	0.96	0.93	0.65	1.11	1.08	0.96
Cash dividends per share (usd per share)
-	0.82	0.82	-	-	0.78	0.78	-	0.75	0.75	0.75	-	0.71	0.71	0.71	-	0.65	0.65	0.65	-	0.60	0.60	0.60	-	0.55	0.55	0.55	-	0.50	0.50	0.50	-	0.45	0.45	0.45	-	0.40	0.40	0.40	-	0.37	0.37	0.37
WEIGHTED AVERAGE SHARES OUTSTANDING (000’s):
Basic shares outstanding (in shares)
288	287	287	286	286	286	285	285	285	285	285	285	285	287	289	290	292	292	294	294	295	295	296	296	298	298	299	299	301	303	304	306	307	306	306	307	307	307	307	307	313	315	313
Diluted shares outstanding (in shares)
291	290	290	291	289	288	287	288	288	287	286	287	287	290	291	293	295	295	297	299	298	298	299	300	301	302	302	304	305	308	308	311	311	311	311	313	312	312	311	311	319	322	320
Parent [Member]
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest
461	480	462	-	419	406	389	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-	-	-	-	419	406	389	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-