| Apr'19 | Apr'18 | Apr'17 | Apr'16 | Apr'15 | Apr'14 | Apr'13 | Apr'12 | Apr'11 | Apr'10 | Apr'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
7,838 | 7,357 | 7,392 | 7,811 | 5,692 | 5,610 | 5,897 | 5,525 | 4,825 | 4,605 | 3,757 |
Cost of products sold | ||||||||||
4,922 | 4,521 | 4,557 | 4,843 | 3,724 | 3,579 | 3,870 | 3,637 | 2,973 | 2,814 | 2,506 |
Cost of products sold - restructuring and merger and integration | ||||||||||
- | - | - | - | - | - | - | 43 | 54 | 3 | 0 |
Gross Profit | ||||||||||
2,915 | 2,836 | 2,835 | 2,967 | 1,968 | 2,031 | 2,027 | 1,845 | 1,798 | 1,786 | 1,251 |
Selling, distribution, and administrative expenses | ||||||||||
1,508 | 1,362 | 1,379 | 1,510 | 1,031 | 988 | 973 | 892 | 863 | 878 | 673 |
Amortization | ||||||||||
240 | 206 | 207 | 208 | 109 | 98 | 96 | 88 | 73 | 73 | 38 |
Goodwill, Impairment Loss | ||||||||||
97 | 145 | 0 | 0 | - | - | - | - | - | - | - |
Impairment charges | ||||||||||
- | - | - | - | - | - | - | 4 | 17 | 11 | 1 |
Other intangible assets impairment charges | ||||||||||
107 | 31 | 133 | 0 | 1 | - | - | - | - | - | - |
Other special project costs | ||||||||||
64 | 45 | 76 | 135 | 56 | 25 | 49 | 0 | 0 | - | - |
Other restructuring and merger and integration costs | ||||||||||
- | - | - | - | - | - | - | 72 | 59 | - | - |
Other restructuring costs | ||||||||||
- | - | - | - | - | - | - | - | - | 1 | 10 |
Other merger and integration costs | ||||||||||
- | - | - | - | - | - | - | - | - | 33 | 72 |
Loss on divestiture | ||||||||||
- | - | - | - | - | - | - | -11 | 0 | 13 | - |
Other operating expense (income) – net | ||||||||||
31 | -0 | 4 | 32 | 2 | 1 | 3 | 2 | -0 | -10 | 2 |
Operating Income | ||||||||||
928 | 1,044 | 1,042 | 1,145 | 772 | 919 | 910 | 778 | 784 | 790 | 452 |
Interest expense – net | ||||||||||
-207 | -174 | -163 | -171 | -79 | -79 | -93 | -79 | -67 | 65 | 62 |
Other debt costs | ||||||||||
- | - | - | - | 173 | 0 | 0 | - | - | - | - |
Interest income | ||||||||||
- | - | - | - | - | - | - | - | - | 2 | 6 |
Other income (expense) – net | ||||||||||
-19 | -8 | -1 | 3 | 4 | 10 | 0 | 2 | 0 | 2 | -0 |
Income Before Income Taxes | ||||||||||
701 | 861 | 878 | 977 | 523 | 849 | 817 | 701 | 717 | 730 | 396 |
Income tax expense | ||||||||||
187 | -477 | 286 | 289 | 178 | 284 | 273 | 241 | 237 | 236 | 130 |
Net Income | ||||||||||
514 | 1,338 | 592 | 688 | 344 | 565 | 544 | 459 | 479 | 494 | 265 |
Earnings per common share: | ||||||||||
Net Income (in dollars per share) | ||||||||||
4.52 | 11.79 | 5.11 | 5.77 | 3.33 | 5.42 | 5.00 | 4.06 | 4.06 | 4.15 | 3.11 |
Net Income - Assuming Dilution (in dollars per share) | ||||||||||
4.52 | 11.78 | 5.10 | 5.76 | 3.33 | 5.42 | 5.00 | 4.06 | 4.05 | 4.15 | 3.11 |
Dividends Declared per Common Share (in dollars per share) | ||||||||||
- | - | - | 2.68 | 2.56 | 2.32 | 2.08 | 1.92 | 1.68 | - | 6.31 |