The sherwin-williams company (SHW)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net sales

4,146

4,114

4,867

4,877

4,040

4,064

4,731

4,773

3,965

3,979

4,507

3,735

2,761

2,782

3,279

3,219

2,574

2,604

3,152

3,132

2,450

2,569

3,150

3,042

2,366

2,457

2,847

2,713

2,167

2,221

2,603

2,573

2,136

2,070

2,484

2,354

1,855

1,895

2,172

2,143

1,565

1,598

1,996

1,947

1,550

2,268

2,229

Cost of goods sold

2,257

2,220

2,642

2,696

2,305

2,381

2,721

2,735

2,278

2,240

2,605

2,001

1,418

1,395

1,643

1,583

1,312

1,281

1,577

1,602

1,317

1,351

1,679

1,633

1,300

1,332

1,551

1,480

1,204

1,226

1,452

1,422

1,226

1,184

1,446

1,331

1,058

1,049

1,200

1,171

873

840

1,067

1,052

870

1,308

1,256

Gross profit

1,889

1,894

2,225

2,181

1,735

1,682

2,010

2,038

1,686

1,739

1,901

1,734

1,343

1,387

1,636

1,635

1,261

1,322

1,574

1,529

1,132

1,217

1,470

1,409

1,065

1,124

1,295

1,233

962

995

1,150

1,150

909

886

1,038

1,022

797

845

971

971

691

758

928

895

680

960

972

Selling, general and administrative expenses

1,307

1,354

1,345

1,331

1,244

1,238

1,273

1,307

1,214

1,325

1,307

1,153

1,011

1,039

1,050

1,048

1,002

963

993

999

929

985

984

969

884

962

889

837

778

891

799

810

757

753

760

755

691

720

703

691

612

618

654

653

608

681

676

Other general expense (income) - net

-3

-20

-12

-7

0

-147

-11

-26

-2

-14

-4

-1

-0

8

-0

-2

-17

-12

-9

-9

1

-25

-11

-0

0

-2

0

0

3

-3

1

3

5

0

1

-0

1

-2

-0

5

1

13

6

3

10

-1

1

Amortization of Intangible Assets

78

78

77

78

78

79

80

73

85

88

83

28

6

-

8

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of trademarks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

23

Interest Expense

86

83

85

89

91

89

92

93

91

89

91

56

25

43

44

40

25

19

16

12

12

15

16

16

16

16

15

15

15

11

10

10

10

9

10

11

10

21

11

26

11

8

8

10

12

15

18

Interest and net investment income

0

24

0

0

0

2

0

0

1

1

2

3

1

1

1

0

0

0

-0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

0

0

0

0

1

0

0

0

0

0

0

0

-0

Other Nonoperating Income (Expense)

-22

38

-30

-0

-23

-28

-1

1

9

4

10

12

5

11

0

0

-0

-1

-4

-0

0

-3

14

5

-0

0

-3

-0

2

1

3

0

4

11

-6

0

-0

1

-3

9

-6

-0

-1

2

1

-0

-2

Gain (Loss) Related to Litigation Settlement

-

-

34

-

-

-

-136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

392

297

709

675

298

102

415

538

303

225

427

509

306

304

535

539

216

297

550

507

193

188

474

429

166

149

387

380

168

94

342

327

142

129

260

257

94

103

255

259

59

81

258

232

50

266

256

Income taxes

70

48

133

204

53

1

61

134

53

-627

111

148

67

101

148

161

51

99

176

157

61

56

147

137

50

33

124

123

52

26

108

99

42

114

80

77

26

30

80

77

26

15

83

74

13

89

84

Net income from continuing operations

-

-

-

-

-

-

-

-

-

-

316

360

-

-

386

378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Tax Effect of Discontinued Operation

-

-

-

-

-

-

-

-

-

-

0

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

0

-41

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

321

248

576

471

245

100

354

403

250

853

316

319

239

203

386

378

164

198

374

349

131

132

326

291

115

116

262

257

116

68

234

227

100

14

179

179

68

72

175

181

32

65

175

158

37

177

171

Earnings Per Share [Abstract]
Earnings Per Share, Basic [Abstract]
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

3.40

3.89

-

-

4.20

4.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

-

-

-

-

-

-

-

-

-

-

0.00

-0.45

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

3.53

2.71

6.28

5.13

2.67

1.10

3.80

4.34

2.68

9.18

3.40

3.44

2.58

2.21

4.20

4.12

1.80

2.16

4.06

3.79

1.42

1.42

3.42

3.00

1.16

1.17

2.60

2.51

1.13

0.66

2.29

2.23

0.97

0.15

1.74

1.69

0.64

0.68

1.63

1.67

0.30

-

1.53

1.36

-

1.53

1.48

Earnings Per Share, Diluted [Abstract]
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

3.33

3.80

-

-

4.08

3.99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.00

-0.44

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

3.46

2.68

6.16

5.03

2.62

1.08

3.72

4.25

2.62

8.98

3.33

3.36

2.53

2.17

4.08

3.99

1.75

2.10

3.97

3.70

1.38

1.34

3.35

2.94

1.14

1.14

2.55

2.46

1.11

0.66

2.24

2.17

0.95

0.14

1.71

1.66

0.63

0.67

1.60

1.64

0.30

-

1.51

1.35

-

1.50

1.45

Weighted average shares outstanding:
Basic (in shares)

91

-

91

91

91

-

93

92

93

-

92

92

92

-

91

91

91

-

92

92

92

-

94

96

98

-

100

101

101

-

101

101

102

-

102

104

104

-

106

107

107

-

113

115

115

115,828

116

Diluted (in shares)

92

-

93

93

93

-

95

94

95

-

95

94

94

-

94

94

94

-

94

94

95

-

96

98

100

-

102

103

104

-

104

104

104

-

104

106

107

-

108

109

109

-

114

116

118

118,183

118

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

349

230

-

390

284

183

-

321

361

75

-

269

305

107

-

286

213

117

-

226

214

131

-

107

191

89

-

-

-

-

-

-

-

-

-

-