Thermo fisher scientific inc. (TMO)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues
Revenues

25,542

24,358

20,918

18,274

16,965

16,889

13,090

12,509

11,558

10,393

9,741

10,313

9,746

Costs and Operating Expenses:
Selling, general and administrative expenses

6,144

6,057

5,504

4,971

4,612

4,896

3,446

3,354

3,106

2,728

2,575

2,616

2,549

Research and development expenses

1,003

967

887

754

692

691

395

376

340

284

243

247

238

Restructuring and other costs, net

-413

50

97

189

116

-598

77

82

96

60

58

35

42

Total costs and operating expenses

20,948

20,575

17,958

15,816

14,629

14,386

11,480

11,027

10,308

9,205

8,764

9,118

8,772

Operating Income

4,594

3,783

2,960

2,458

2,336

2,503

1,609

1,482

1,250

1,188

976

1,194

974

Interest Income

224

137

81

-

-

-

-

-

-

-

-

-

-

Interest Expense

676

667

592

-434

-400

-415

-290

-212

-118

-100

-122

-101

-113

Other Income, Net

-72

9

-20

-

-

-

-

-

-

-

-

-

-

Income Before Income Taxes

4,070

3,262

2,429

2,024

1,936

2,087

1,319

1,269

1,132

1,087

853

1,092

860

Provision for Income Taxes

374

324

201

-1

-44

191

40

11

109

101

46

138

93

Income from Continuing Operations

3,696

2,938

2,228

2,025

1,980

1,895

1,279

1,258

1,023

986

807

954

766

Loss from Discontinued Operations (net of income tax benefit of $0, $0 and $2)

0

0

-3

-3

-5

-1

-5

-19

1

47

44

21

-

Loss on Disposal of Discontinued Operations, Net (net of income tax benefit of $3.2 and $33.2)

-

-

-

-

-

-

-

-61

304

2

-1

5

-18

Net Income

3,696

2,938

2,225

2,022

1,975

1,894

1,273

1,177

1,329

1,035

850

980

748

Basic (in dollars per share)

9.24

7.31

5.65

5.13

4.97

4.76

3.55

3.46

2.69

2.45

1.96

2.28

1.82

Diluted (in dollars per share)

9.17

7.24

5.60

5.10

4.93

4.71

3.50

3.43

2.66

2.41

1.91

2.19

1.73

Earnings per Share
Basic (in dollars per share)

9.24

7.31

5.64

5.12

4.96

4.76

3.53

3.24

3.49

2.57

2.06

2.34

1.77

Diluted (in dollars per share)

9.17

7.24

5.59

5.09

4.92

4.71

3.48

3.21

3.46

2.53

2.01

2.25

1.69

Weighted Average Shares
Basic (in shares)

400

402

395

395

399

398

360

363

380

403

412

418

421

Diluted (in shares)

403

406

398

397

402

402

365

366

384

409

422

434

443

Cash Dividends Declared per Common Share (in dollars per share)

-

-

-

-

0.60

0.60

0.60

0.54

0.00

0.00

-

-

-

Product [Member]
Revenues

19,496

18,868

17,374

15,712

14,668

14,715

11,215

10,777

9,896

8,977

8,365

8,842

8,300

Cost of revenues

10,037

9,682

8,975

8,212

7,584

7,934

6,309

6,101

5,733

5,264

5,035

5,302

5,079

Service [Member]
Revenues

6,046

5,490

3,544

2,562

2,297

2,174

1,875

1,732

1,662

1,415

1,375

1,470

1,445

Cost of revenues

4,177

3,819

2,495

1,690

1,625

1,462

1,251

1,113

1,031

866

851

917

862