Income StatementJun '25Dec '24Jun '24Dec '23Jun '23Dec '22Jun '22Dec '21Jun '21Dec '20Jun '20Dec '19Jun '19Dec '18

Total Revenues

26,780

27,976

28,243

26,620

23,095

29,118

Total Revenues %Chg

-5.2%

5.1%

22.3%

-8.6%

-20.5%

31.2%

Cost of Sales

23,282

24,309

24,736

23,123

19,894

25,764

Gross Profit

3,498

3,667

3,507

3,497

3,201

3,354

Gross Profit Margin

13.1%

13.1%

12.4%

13.1%

13.9%

11.5%

Selling, General & Administrative Expenses

128

121

123

118

113

117

Other Operating Expenses

-186

-205

-203

-237

-225

-240

Operating Profit

3,556

3,751

3,587

3,616

3,313

3,477

Operating Margin

13.3%

13.4%

12.7%

13.6%

14.3%

11.9%

Interest and Investment Income

200

235

220

247

242

248

Interest Expense

-672

-689

-663

-653

-616

-616

Non-Operating Income

2

1

1

—

14

21

Total Non-Operating Income

-470

-453

-442

-406

-360

-347

Income Before Provision for Income Taxes

2,900

3,094

2,941

2,973

2,728

2,890

Provision for Income Taxes

40

29

36

21

23

46

Consolidated Net Income

2,860

3,065

2,905

2,952

2,705

2,844

Net Income Attributable to Minority Interests and Other

30

27

42

65

60

63

Net Income Attributable to Preferred Dividends

2

2

2

1

2

1

Net Income Attributable to Common Shareholders

2,828

3,036

2,861

2,886

2,643

2,780

Basic EPS

1.3

1.4

1.3

1.3

1.2

1.3

Diluted EPS

1.3

1.4

1.3

1.3

1.2

1.3

Basic Weighted Average Shares Outstanding

2,167

2,167.9

2,170.1

2,171.5

2,172.5

2,177.4

Total Shares Outstanding

2,165.6

2,165.7

2,171.2

2,168.2

2,171.8

2,170.8

Diluted Weighted Average Shares Outstanding

2,190

2,190

2,194

2,193

2,195

2,198

EBITDA

4,835

4,997

4,814

4,816

4,456

4,605

Effective Tax Rate

1.4%

0.9%

1.2%

0.7%

0.8%

1.6%