Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Net Sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net sales from products | 6,454.00 | 5,814.00 | 5,368.00 | 4,606.00 | 4,087.00 | 4,746.00 | 4,463.00 | 3,772.00 | 3,649.00 | 3,676.00 |
Net sales from services | 4,363.00 | 4,164.00 | 3,744.00 | 3,565.00 | 3,327.00 | 3,141.00 | 2,880.00 | 2,608.00 | 2,389.00 | 2,019.00 |
Total Revenues | 10,817.00 | 9,978.00 | 9,112.00 | 8,171.00 | 7,414.00 | 7,887.00 | 7,343.00 | 6,380.00 | 6,038.00 | 5,695.00 |
Manufacturing and other costs of sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Costs of sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Costs of product sales | 2,674.00 | 2,591.00 | 2,595.00 | 2,104.00 | 1,872.00 | 2,049.00 | 2,035.00 | 1,686.00 | 1,649.00 | 1,625.00 |
Costs of services sales | 2,631.00 | 2,417.00 | 2,288.00 | 2,027.00 | 1,934.00 | 1,907.00 | 1,828.00 | 1,670.00 | 1,520.00 | 1,351.00 |
Gross Profit | 5,512.00 | 4,970.00 | 4,229.00 | 4,040.00 | 3,608.00 | 3,931.00 | 3,480.00 | 3,024.00 | 2,869.00 | 2,719.00 |
Depreciation expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Research and development expenditures | 917.00 | 858.00 | 779.00 | 734.00 | 686.00 | 687.00 | 637.00 | 568.00 | 553.00 | 620.00 |
Selling, general and administrative expenses | 1,752.00 | 1,561.00 | 1,450.00 | 1,353.00 | 1,293.00 | 1,403.00 | 1,254.00 | 979.00 | 1,000.00 | 1,021.00 |
Reorganization of businesses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other charges (income) | (155.00) | (257.00) | (339.00) | (286.00) | (246.00) | (260.00) | (334.00) | (195.00) | (249.00) | (84.00) |
Operating Income (Loss) | 2,688.00 | 2,294.00 | 1,661.00 | 1,667.00 | 1,383.00 | 1,581.00 | 1,255.00 | 1,282.00 | 1,067.00 | 994.00 |
Interest expense | 227.00 | 216.00 | 226.00 | 208.00 | 220.00 | 220.00 | 222.00 | 201.00 | 205.00 | 173.00 |
Gains on sales of investments and businesses | -- | -- | 3.00 | 1.00 | (2.00) | 5.00 | 16.00 | 3.00 | (6.00) | 107.00 |
Interest income (expense), net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other | (489.00) | 68.00 | 77.00 | 92.00 | 13.00 | (365.00) | 53.00 | (8.00) | (12.00) | (11.00) |
Total Other income (expense) | (716.00) | (148.00) | (146.00) | (115.00) | (209.00) | (580.00) | (153.00) | (206.00) | (223.00) | (77.00) |
Earnings before income taxes | 1,972.00 | 2,146.00 | 1,515.00 | 1,552.00 | 1,174.00 | 1,001.00 | 1,102.00 | 1,076.00 | 844.00 | 917.00 |
Earnings before income taxes - United States | -- | -- | -- | -- | 1,029.00 | -- | 980.00 | 959.00 | 651.00 | 725.00 |
Earnings before income taxes - Other nations | -- | -- | -- | -- | 145.00 | -- | 122.00 | 117.00 | 193.00 | 192.00 |
INCOME TAXES PROVIDED ON EARNINGS | 390.00 | 432.00 | 148.00 | 302.00 | 221.00 | 130.00 | 133.00 | 1,227.00 | 282.00 | 274.00 |
Current income tax expense (benefit) - United States | 434.00 | 269.00 | 240.00 | 134.00 | 117.00 | 94.00 | 16.00 | 43.00 | 20.00 | 71.00 |
Current income tax expense (benefit) - Other nations | 38.00 | 125.00 | 159.00 | 98.00 | 98.00 | 93.00 | 88.00 | 75.00 | 31.00 | 30.00 |
Current income tax expense (benefit) - States (U.S.) | 133.00 | 70.00 | 83.00 | 36.00 | 31.00 | 27.00 | 20.00 | 9.00 | 18.00 | 13.00 |
Deferred income tax expense (benefit) - United States | (221.00) | (30.00) | (179.00) | (2.00) | (21.00) | (61.00) | 39.00 | 1,078.00 | 180.00 | 154.00 |
Deferred income tax expense (benefit) - Other nations | 40.00 | (9.00) | (118.00) | 22.00 | 8.00 | (22.00) | (18.00) | (8.00) | 36.00 | (13.00) |
Deferred income tax expense (benefit) - States (U.S.) | (34.00) | 7.00 | (37.00) | 14.00 | (12.00) | (1.00) | (12.00) | 30.00 | (3.00) | 19.00 |
Earnings (loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | (151.00) | 562.00 | 643.00 |
Income (loss) from discontinued operations, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | (30.00) |
Net income/loss | 1,582.00 | 1,714.00 | 1,367.00 | 1,250.00 | 953.00 | 871.00 | 969.00 | (151.00) | 562.00 | 613.00 |
Less : Earnings attributable to the noncontrolling interests | 5.00 | 5.00 | 4.00 | 5.00 | 4.00 | 3.00 | 3.00 | 4.00 | 2.00 | 3.00 |
Net earnings allocable to common shares | 1,577.00 | 1,709.00 | 1,363.00 | 1,245.00 | 949.00 | 868.00 | 966.00 | (155.00) | 560.00 | 610.00 |
Earnings Per Share (Basic) - Cont Ops | -- | -- | -- | -- | -- | -- | -- | (0.95) | 3.30 | 3.21 |
EPS (Basic) : Disc Ops | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.15) |
Net Earnings Per Share (Basic) | 9.45 | 10.23 | 8.14 | 7.36 | 5.58 | 5.21 | 5.95 | (0.95) | 3.30 | 3.06 |
Earnings Per Share (Diluted) - Cont Ops | -- | -- | -- | -- | -- | -- | -- | (0.95) | 3.24 | 3.17 |
Earnings Per Share (Diluted) - Disc Ops | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.15) |
Net Earnings Per Share (Diluted) | 9.23 | 9.93 | 7.93 | 7.17 | 5.45 | 4.95 | 5.62 | (0.95) | 3.24 | 3.02 |
Weighted Average Shares Outstanding (Basic) | 166.80 | 167.00 | 167.50 | 169.20 | 170.00 | 166.60 | 162.40 | 162.90 | 169.60 | 199.60 |
Weighted Average Shares Outstanding (Diluted) | 170.80 | 172.10 | 171.90 | 173.60 | 174.10 | 175.60 | 172.00 | 162.90 | 173.10 | 201.80 |