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

Total Revenues

18,040

17,847

16,329

16,212

14,995

15,540

Total Revenues %Chg

10.5%

10.1%

8.9%

4.3%

7.3%

11.5%

Cost of Sales

4,813

4,693

4,550

4,373

4,301

4,186

Gross Profit

13,226

13,154

11,778

11,841

10,693

11,355

Gross Profit Margin

73.3%

73.7%

72.1%

73%

71.3%

73.1%

Selling, General & Administrative Expenses

5,110

5,333

5,192

5,065

5,127

4,783

Research & Development Expenses

3,291

3,244

3,270

3,186

3,138

3,170

Other Operating Expenses

37

347

2,882

-35

254

20

Operating Profit

4,789

4,231

434

3,625

2,174

3,383

Operating Margin

26.5%

23.7%

2.7%

22.4%

14.5%

21.8%

Interest and Investment Income

722

818

611

488

369

291

Interest Expense

-548

-545

-486

-657

-656

-1,508

Non-Operating Income

7

-145

-153

113

-116

52

Total Non-Operating Income

181

128

-28

-56

-403

-1,165

Income Before Provision for Income Taxes

4,970

4,357

407

3,570

1,771

2,218

Provision for Income Taxes

1,425

1,301

313

1,098

643

780

Consolidated Net Income

3,545

3,056

94

2,473

3,491

873

Net Income Attributable to Minority Interests and Other

68

18

34

-52

-156

-519

Net Income Attributable to Discontinued Operations

—

—

—

—

2,363

-565

Net Income Attributable to Common Shareholders

3,477

3,038

60

2,499

3,640

1,210

Basic EPS

3

2.6

0.1

2.1

1

1.9

Diluted EPS

3

2.6

0.1

2.1

1

1.9

Basic Weighted Average Shares Outstanding

1,167

1,165

1,167

1,166

1,168

1,166

Total Shares Outstanding

1,164.6

1,166.6

1,166.5

1,167.2

1,169.7

1,167.1

Diluted Weighted Average Shares Outstanding

1,175

1,182

1,178

1,184

1,176

1,176

EBITDA

5,457

4,885

1,060

4,284

2,888

4,178

Effective Tax Rate

28.7%

29.9%

76.9%

30.8%

36.3%

35.2%