VIACOM INC. VIAB Income Statement

Viacom inc. (VIAB)

Income statement / Quarterly

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	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
3,433	3,357	2,958	3,090	3,485	3,237	3,148	3,073	3,319	3,364	3,256	3,324	3,226	3,107	3,001	3,154	3,788	3,058	3,078	3,344	3,991	3,421	3,174	3,197	3,652	3,693	3,135	3,314	3,363	3,241	3,331	3,952	4,053	3,766	3,267	3,828	3,330	3,275	2,732	4,019	3,317	3,299	2,905	3,408	3,857
Expenses:
Operating
1,914	1,717	1,524	1,683	1,954	1,681	1,681	1,563	1,885	1,788	1,944	1,819	1,862	1,575	1,654	1,593	1,937	1,252	2,056	1,623	1,965	1,565	1,538	1,474	1,652	1,845	1,539	1,763	1,564	1,599	1,645	2,185	2,185	1,945	1,721	2,017	1,709	1,710	1,464	2,005	1,790	1,943	1,748	1,945	2,238
Selling, general and administrative
891	828	743	684	806	738	771	739	797	756	748	701	771	708	705	667	742	666	721	731	765	718	712	704	738	705	689	697	691	682	695	689	741	761	719	700	712	674	639	727	663	657	633	682	730
Depreciation and amortization
56	55	54	50	54	51	55	53	56	53	58	56	55	55	56	55	54	56	57	55	54	52	52	59	62	58	60	57	58	57	59	62	68	65	67	71	72	75	75	86	80	80	82	92	97
Asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	60	-	-	-	-	-
Restructuring and related costs
-	0	24	71	-	15	185	0	-	21	174	42	206	0	0	0	-	0	206	-	-	0	0	-	-	-	-	-	-	-	-	-	-	14	-	-	-	0	-	-	-	33	-	-	-
Gain (Loss) Related to Litigation Settlement
-	0	-40	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and Expenses
2,903	2,600	2,385	2,488	2,839	2,485	2,692	2,355	2,738	2,618	2,924	2,618	2,894	2,338	2,415	2,315	2,733	1,974	3,040	2,409	2,827	2,335	2,302	2,237	2,545	2,608	2,288	2,517	2,313	2,338	2,399	2,936	3,124	2,785	2,507	2,788	2,493	2,459	2,178	2,878	2,533	2,713	2,463	2,719	3,065
Operating income
530	757	573	602	646	752	456	718	708	746	332	706	332	769	586	839	1,055	1,084	38	935	1,164	1,086	872	960	1,107	1,085	847	797	1,050	903	932	1,016	929	981	760	1,040	837	816	554	1,141	784	586	442	689	792
Interest expense, net
125	119	118	127	132	138	143	147	149	155	158	156	150	156	155	155	165	166	166	160	156	158	152	149	130	114	110	110	105	104	103	105	102	104	102	104	103	104	113	105	107	109	109	123	123
Equity in net earnings of investee companies
9	0	0	1	4	2	2	1	3	47	18	13	2	19	35	31	-1	28	42	33	11	22	10	26	-5	6	16	24	-13	10	5	10	-11	12	15	24	-15	-24	-28	-20	-1	-23	-33	-32	-10
Gain/(loss) on marketable securities
-	29	38	-46	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of EPIX
-	-	-	-	-	-	-	-	-	285	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on extinguishment of debt
-	0	0	18	-	0	0	25	-	-	-	-6	-	0	0	-	-	-	-	-	-	-11	-	-	-	0	-	-	-	0	-21	-	-	0	-87	-	0	0	0	-	84	-	-	0	-
Other Nonoperating Income (Expense)
37	-1	-5	-7	17	-9	-28	-4	3	-2	-38	9	-6	3	-6	2	-24	0	-12	-18	-11	3	-3	0	107	-2	-6	7	7	-7	-1	-4	-9	10	-7	0	5	-3	-10	10	-13	-15	-19	-23	-12
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
412	666	488	441	510	607	287	593	571	921	154	566	178	635	460	717	865	946	-98	790	1,008	942	727	837	1,079	975	747	718	939	802	812	917	807	899	579	960	724	685	403	1,026	579	439	281	511	647
Income Tax Expense (Benefit)
93	122	120	110	111	93	23	42	-124	233	26	158	-83	195	151	256	-27	301	-50	277	266	288	216	280	267	309	258	236	290	266	213	316	224	310	197	331	234	247	146	335	133	158	101	122	237
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
319	544	368	331	399	514	264	551	695	688	128	408	-	440	-	-	-	-	-	-	-	654	-	-	812	666	489	482	649	536	599	601	583	589	382	629	490	438	257	691	446	281	180	389	410
Discontinued operations, net of tax
4	6	13	3	8	11	10	2	0	3	0	0	-	0	-	-	-	-	-	-	-	-1	-	-	-2	-4	-3	-3	7	11	-3	-379	0	0	0	-10	-299	-12	-10	-30	20	0	0	16	1
Net earnings (Viacom and noncontrolling interests)
323	550	381	334	407	525	274	553	695	691	128	408	263	440	309	461	892	645	-48	513	742	653	511	557	810	662	486	479	656	547	596	222	583	589	382	619	191	426	247	661	466	281	180	405	411
Net earnings attributable to noncontrolling interests
16	6	5	13	13	3	8	16	21	8	7	12	9	8	6	12	8	54	5	13	10	43	9	10	6	19	8	9	6	13	11	10	7	15	6	9	2	6	2	-33	3	4	3	4	4
Net Income (Loss) Attributable to Parent
307	544	376	321	394	522	266	537	674	683	121	396	254	432	303	449	884	591	-53	500	732	610	502	547	804	643	478	470	650	534	585	212	576	574	376	610	189	420	245	694	463	277	177	401	407
Amounts attributable to Viacom:
Net earnings from continuing operations
303	538	363	318	386	511	256	535	674	680	121	396	-	432	-	-	-	-	-	-	-	611	-	-	806	647	481	473	643	523	588	591	576	574	376	620	488	432	255	724	443	277	177	385	406
Discontinued operations, net of tax
4	6	13	3	8	11	10	2	0	3	0	0	-	0	-	-	-	-	-	-	-	-1	-	-	-2	-4	-3	-3	7	11	-3	-379	0	0	0	-10	-299	-12	-10	-30	20	0	0	16	1
Net Income (Loss) Attributable to Parent
307	544	376	321	394	522	266	537	674	683	121	396	-	432	303	-	884	591	-53	500	732	610	502	547	804	643	478	470	650	534	585	212	576	574	376	610	189	420	245	694	463	277	177	401	407
Basic earnings per share attributable to Viacom:
Continuing operations (in usd per share)
0.75	1.33	0.90	0.79	0.95	1.27	0.64	1.33	1.69	1.69	0.30	1.00	-	1.09	-	-	-	-	-	-	-	1.43	-	-	1.69	1.34	0.98	0.94	1.26	1.00	1.09	1.07	1.00	0.99	0.63	1.03	0.80	0.71	0.42	1.19	0.73	0.46	0.29	0.62	0.65
Discontinued operations (in usd per share)
0.01	0.02	0.03	0.01	0.03	0.03	0.02	0.00	0.00	0.01	0.00	0.00	-	0.00	-	-	-	-	-	-	-	0.00	-	-	0.00	-0.01	-0.01	0.00	-0.03	0.02	0.00	-0.68	0.01	0.00	0.00	-0.02	-0.49	-0.02	-0.02	-0.05	0.03	0.00	0.00	0.03	0.00
Earnings Per Share, Basic
0.76	1.35	0.93	0.80	0.98	1.30	0.66	1.33	1.69	1.70	0.30	1.00	0.65	1.09	0.76	1.13	2.20	1.49	-0.13	1.22	1.72	1.43	1.15	1.23	1.69	1.33	0.97	0.94	1.23	1.02	1.09	0.39	1.01	0.99	0.63	1.01	0.31	0.69	0.40	1.14	0.76	0.46	0.29	0.65	0.65
Diluted earnings per share attributable to Viacom:
Continuing operations (in usd per share)
0.75	1.33	0.90	0.79	0.95	1.27	0.64	1.33	1.68	1.69	0.30	1.00	-	1.09	-	-	-	-	-	-	-	1.40	-	-	1.65	1.32	0.96	0.93	1.23	0.99	1.08	1.06	0.99	0.97	0.63	1.02	0.79	0.71	0.42	1.19	0.73	0.46	0.29	0.62	0.64
Discontinued operations (in usd per share)
0.00	0.02	0.03	0.01	0.04	0.02	0.02	0.00	0.00	0.01	0.00	0.00	-	0.00	-	-	-	-	-	-	-	0.00	-	-	0.00	-0.01	0.00	-0.01	0.00	0.02	-0.01	-0.68	0.00	0.00	0.00	-0.02	-0.48	-0.02	-0.02	-0.05	0.03	0.00	0.00	0.03	0.01
Earnings Per Share, Diluted
0.75	1.35	0.93	0.80	0.99	1.29	0.66	1.33	1.68	1.70	0.30	1.00	0.63	1.09	0.76	1.13	2.19	1.47	-0.13	1.20	1.70	1.40	1.13	1.20	1.65	1.31	0.96	0.92	1.23	1.01	1.07	0.38	0.99	0.97	0.63	1.00	0.31	0.69	0.40	1.14	0.76	0.46	0.29	0.65	0.65
Weighted average number of common shares outstanding:
Basic (shares)
403	403	403	403	402	402	402	402	402	402	398	397	396	396	396	396	398	397	402	410	419	428	436	444	468	482	492	501	511	523	537	550	568	582	594	603	608	607	607	607	607	607	606	618	629
Diluted (shares)
404	404	403	403	403	403	402	402	402	402	399	397	398	398	397	398	404	401	402	416	426	435	444	454	477	491	500	509	518	530	544	557	576	591	601	608	611	611	609	609	608	608	607	619	630
Dividends declared per share of Class A and Class B common stock
-	-	-	-	-	-	-	-	-	0.20	0.20	0.20	0.20	0.40	0.40	0.40	0.40	0.40	0.33	0.33	0.33	0.33	0.30	0.30	0.30	0.30	0.27	0.27	0.27	0.27	0.25	0.25	0.25	0.25	0.15	0.15	0.15	0.15	0.00	0.00	-	0.00	-	-	-