STANLEY BLACK & DECKER, INC. SWK Income Statement

Stanley black & decker, inc. (SWK)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	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	Sep'09	Jun'09
Net Sales
3,129	3,714	3,633	3,761	3,333	3,634	3,494	3,643	3,209	3,464	3,359	3,286	2,856	3,107	2,882	2,932	2,672	2,845	2,829	2,866	2,630	2,982	2,878	2,860	2,617	2,796	2,758	2,858	2,476	2,512	2,517	2,567	2,426	1,792	2,619	2,603	2,361	1,500	2,369	2,365	1,262	935	919
Costs and Expenses
Cost of sales
2,106	2,553	2,393	2,461	2,228	2,474	2,256	2,356	2,043	2,218	2,106	2,073	1,790	2,029	1,797	1,803	1,694	1,831	1,802	1,809	1,656	1,931	1,832	1,811	1,660	1,794	1,770	1,852	1,567	1,609	1,605	1,636	1,514	1,149	1,651	1,640	1,484	889	1,514	1,596	806	549	552
Selling, general and administrative
737	718	752	776	760	770	792	801	778	798	763	738	682	685	643	659	620	615	598	631	613	651	637	649	636	674	665	673	663	600	604	622	635	483	635	624	599	454	579	581	378	248	253
Provision for credit losses
10	5	3	6	18	11	6	4	6	-3	5	5	8	7	1	7	7	-4	9	13	9	6	3	6	3	4	4	3	1	1	4	3	2	2	3	6	2	0	3	3	4	2	2
Other Noninterest Expense
74	66	55	62	65	50	59	119	58	52	60	55	100	35	56	47	46	53	54	50	63	60	60	57	60	75	66	71	70	78	67	82	67	52	89	59	52	2	52	65	64	33	31
Restructuring Charges
3	-	74	8	8	-	21	13	22	-	19	8	15	-	9	10	8	-	14	5	24	-	-0	-1	-3	-	28	-30	42	-	52	24	40	-	14	21	13	-	-	-	-	-	-
Interest Expense
59	65	72	72	74	73	72	69	63	58	57	56	51	49	50	47	47	44	45	46	44	46	43	43	44	41	39	39	39	38	36	34	33	36	34	34	34	34	29	26	19	15	16
Gain (Loss) on Disposition of Business
-	-	0	-17	-	-	0	0	-	-1	-3	-0	269	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement
-	-	-	-	-	-	-	-	-	-0	0	0	12	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, Settlement and Impairment Provisions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-	-	-	-	-	-	-	-	-	-	-	-	23	24	85	97	6	9
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-45	-	-	-	0	-	-	-	-	-	-	-	43
Investment Income, Interest
10	12	12	12	16	18	18	15	15	11	10	9	8	6	5	5	5	4	3	3	3	4	3	3	3	3	3	3	3	2	2	2	2	6	8	7	5	2	2	2	1	0	0
Costs and Expenses
2,983	3,477	3,338	3,357	3,138	3,463	3,189	3,349	2,957	3,122	3,005	2,928	2,382	2,821	2,554	2,570	2,418	2,539	2,520	2,552	2,408	2,716	2,574	2,563	2,399	2,740	2,571	2,606	2,383	2,382	2,414	2,402	2,290	1,736	2,422	2,378	2,181	1,401	2,201	2,356	1,369	855	820
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
146	236	294	403	194	171	304	294	251	341	354	358	473	285	327	362	254	306	309	314	221	265	304	296	217	55	186	251	93	130	102	164	135	56	197	225	180	98	167	9	-107	79	98
Income Tax Expense (Benefit)
12	25	59	51	24	277	56	1	81	60	79	80	79	27	78	90	65	39	75	78	55	46	58	74	48	-11	17	54	8	-5	12	38	29	-33	35	27	23	8	44	-37	1	17	26
Net earnings before equity interest
133	211	235	352	170	-106	248	293	170	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share of net (losses) earnings of equity method investment
-0	-12	-4	5	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings
133	199	231	357	170	-106	248	293	170	281	274	277	393	258	249	271	188	267	233	235	166	219	246	222	169	67	169	197	84	135	90	126	105	89	162	197	157	89	123	46	-108	62	72
Less: Net (loss) earnings attributable to non-controlling interests
-0	0	0	1	0	0	0	-0	-0	-0	0	0	0	0	0	0	-0	0	-0	-0	-0	-0	-0	0	0	0	-0	-0	-0	0	-0	-0	-0	-0	0	0	-0	-0	-0	0	0	0	1
Net earnings from continuing operations attributable to common shareowners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	267	234	235	166	219	246	221	169	67	169	197	85	135	90	126	106	90	161	197	157	-	-	-	-	61	70
Loss from discontinued operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	-	-	112	-8	-0	1	-	-	-	-	-	-
Income taxes on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	-	38	-1	0	-0	-	-	-	-	-	-
Net loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-5	-8	-4	-73	-9	-5	-7	-11	-3	-10	-4	356	25	28	15	73	-6	-0	1	-	-	-	-	-1	-1
Net Income (Loss) Attributable to Parent
133	199	230	356	169	-106	247	293	170	281	274	277	393	258	248	271	189	265	228	227	162	145	236	216	161	56	166	187	81	492	115	154	121	164	154	197	158	137	123	45	-108	60	69
Total Comprehensive (Loss) Income Attributable to Common Shareowners
-125	-	99	355	170	-	269	14	266	-	378	360	507	-	278	174	269	-	102	299	-95	-	-46	207	166	-	330	71	-61	-	392	-120	198	-	-105	242	308	-	-	-	-	-	-
Earnings per share of common stock:
Earnings per share of common stock:
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.81	1.60	1.59	1.10	1.41	1.57	1.42	1.09	0.43	1.10	1.27	0.55	-	0.55	0.77	0.65	0.56	0.98	1.17	0.94	-	-	-	-	0.77	0.89
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.04	-0.06	-0.03	-0.48	-0.06	-0.03	-0.05	-0.07	-0.02	-0.07	-0.03	-	0.15	0.17	0.09	0.44	-0.04	0.00	0.01	-	-	-	-	-0.02	-0.02
Basic (in shares)
0.89	1.33	1.55	2.41	1.15	-0.70	1.67	1.96	1.13	1.87	1.83	1.86	2.64	1.75	1.71	1.87	1.30	1.79	1.57	1.53	1.07	0.94	1.51	1.38	1.04	0.36	1.07	1.21	0.52	-	0.71	0.94	-	1.00	0.94	1.17	0.95	1.43	0.74	0.28	-1.11	0.75	0.88
Continuing operations (USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.76	1.55	1.54	1.07	1.38	1.53	1.39	1.07	0.43	1.07	1.25	0.53	0.83	0.54	0.75	0.63	0.55	0.96	1.14	0.92	-	-	-	-	0.77	0.89
Discontinued operations (USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.04	-0.06	-0.03	-0.46	-0.06	-0.03	-0.05	-0.08	-0.02	-0.07	-0.02	2.14	0.15	0.17	0.09	0.43	-0.04	0.00	0.01	-	-	-	-	-0.02	-0.02
Diluted (in shares)
0.88	1.32	1.53	2.37	1.13	-0.70	1.65	1.93	1.11	1.83	1.80	1.82	2.60	1.73	1.68	1.84	1.28	1.74	1.52	1.49	1.04	0.91	1.47	1.36	1.02	0.36	1.04	1.18	0.51	2.97	0.69	0.92	0.72	0.99	0.92	1.14	0.92	1.42	0.73	0.28	-1.11	0.75	0.87
Dividends per share of common stock (in dollars per share)
0.69	-	0.69	0.66	0.66	-	0.66	0.63	0.63	-	0.63	0.58	0.58	-	0.58	0.55	0.55	-	0.55	0.52	0.52	-	0.52	0.50	0.50	-	0.50	0.49	0.49	-	0.49	0.41	0.41	-	0.41	0.41	0.41	-	0.34	0.33	0.33	0.33	0.32
Weighted Average Shares Outstanding (in thousands):
Weighted Average Number of Shares Outstanding, Basic
150	-	148	148	147	-	147	149	150	-	149	149	149	-	145	145	145	-	145	148	152	-	156	156	155	-	155	155	155	-	162	164	164	-	164	168	167	-	165	162	97	79	79
Weighted Average Number of Shares Outstanding, Diluted
151	-	150	150	149	-	150	152	153	-	152	152	151	-	147	147	147	-	150	152	156	-	160	159	158	-	158	158	158	-	166	167	168	-	168	173	171	-	168	166	97	80	79