Fundamentals - Income Statement

  Year Ending Apr 2020 (Update) Year Ending Apr 2019 (Update) Year Ending Apr 2018 (Reclassified) Year Ending Apr 2017 (Reclassified) Year Ending Apr 2016 (Reclassified)
Net Sales 28,913.00 30,557.00 29,953.00 29,710.00 28,833.00
Revenue 28,913.00 30,557.00 29,953.00 29,710.00 28,833.00
Total Revenue 28,913.00 30,557.00 29,953.00 29,710.00 28,833.00
Cost of Revenue 9,264.00 9,064.00 9,039.00 9,267.00 9,142.00
Cost of Revenue, Total 9,264.00 9,064.00 9,039.00 9,267.00 9,142.00
Gross Profit 19,649.00 21,493.00 20,914.00 20,443.00 19,691.00
Selling/General/Administrative Expense 9,838.00 10,008.00 9,691.00 9,762.00 9,236.00
Labor & Related Expense -- 224.00 262.00 256.00 233.00
Selling/General/Administrative Expenses, Total 9,838.00 10,232.00 9,953.00 10,018.00 9,469.00
Research & Development 2,331.00 2,330.00 2,256.00 2,193.00 2,224.00
Amortization of Intangibles, Operating 1,756.00 1,764.00 1,823.00 1,980.00 1,931.00
Depreciation/Amortization 1,756.00 1,764.00 1,823.00 1,980.00 1,931.00
Investment Income - Operating -- -224.00 226.00 -54.00 --
Interest/Investment Income - Operating -- -224.00 226.00 -54.00 --
Interest Expense (Income), Net-Operating, Total -- -224.00 226.00 -54.00 --
Purchased R&D Written-Off 25.00 58.00 68.00 -- --
Restructuring Charge 441.00 407.00 91.00 303.00 290.00
Litigation 313.00 166.00 61.00 300.00 26.00
Impairment-Assets Held for Use -- 17.00 -- 17.00 --
Impairment-Assets Held for Sale -- -- -- 10.00 --
Other Unusual Expense (Income) 503.00 694.00 -392.00 0.00 283.00
Unusual Expense (Income) 1,282.00 1,342.00 -172.00 630.00 599.00
Other, Net 64.00 266.00 226.00 293.00 107.00
Other Operating Expenses, Total 64.00 266.00 226.00 293.00 107.00
Total Operating Expense 24,535.00 24,774.00 23,351.00 24,327.00 23,472.00
Operating Income 4,378.00 5,783.00 6,602.00 5,383.00 5,361.00
Interest Expense - Non-Operating -679.00 -959.00 -1,108.00 -1,094.00 -1,386.00
Interest Expense, Net Non-Operating -679.00 -959.00 -1,108.00 -1,094.00 -1,386.00
Interest Income, Non-Operating -- 283.00 397.00 366.00 431.00
Investment Income, Non-Operating -- -- -227.00 -- -70.00
Interest/Investment Income, Non-Operating -- 283.00 170.00 366.00 361.00
Interest Income (Expense), Net Non-Operating -- -- -- -- --
Interest Income (Expense), Net-Non-Operating, Total -679.00 -676.00 -938.00 -728.00 -1,025.00
Other Non-Operating Income (Expense) 356.00 90.00 11.00 -53.00 --
Other, Net 356.00 90.00 11.00 -53.00 --
Net Income Before Taxes 4,055.00 5,197.00 5,675.00 4,602.00 4,336.00
Income Tax – Total -751.00 535.00 298.00 578.00 798.00
Income After Tax 4,806.00 4,662.00 5,377.00 4,024.00 3,538.00
Minority Interest -17.00 -19.00 9.00 4.00 0.00
Net Income Before Extraordinary Items 4,789.00 4,643.00 5,386.00 4,028.00 3,538.00
Discontinued Operations -- -- -- -- --
Extraordinary Item -- -12.00 -2,282.00 -- --
Total Extraordinary Items -- -12.00 -2,282.00 -- --
Net Income 4,789.00 4,631.00 3,104.00 4,028.00 3,538.00
Income Available to Common Excluding Extraordinary Items 4,789.00 4,643.00 5,386.00 4,028.00 3,538.00
Income Available to Common Stocks Including Extraordinary Items 4,789.00 4,631.00 3,104.00 4,028.00 3,538.00
Basic Weighted Average Shares 1,340.70 1,346.40 1,356.70 1,378.90 1,409.60
Basic EPS Excluding Extraordinary Items 3.57 3.45 3.97 2.92 2.51
Basic EPS Including Extraordinary Items 3.57 3.44 2.29 2.92 2.51
Diluted Net Income 4,789.00 4,631.00 3,104.00 4,028.00 3,538.00
Diluted Weighted Average Shares 1,351.10 1,357.50 1,368.20 1,391.40 1,425.90
Diluted EPS Excluding Extraordinary Items 3.54 3.42 3.94 2.89 2.48
Diluted EPS Including Extraordinary Items 3.54 3.41 2.27 2.89 2.48
DPS - Common Stock Primary Issue 2.16 2.00 1.84 1.72 1.52
Gross Dividends - Common Stock -- 2,693.00 2,494.00 2,376.00 2,139.00
Restructuring Charge, Supplemental -- -- 5.00 -- --
Other Unusual Expense (Income), Supplemental -- -- -- 230.00 --
Non-Recurring Items, Total -- -- 5.00 230.00 --
Total Special Items 1,282.00 1,342.00 -167.00 860.00 599.00
Normalized Income Before Taxes 5,337.00 6,539.00 5,508.00 5,462.00 4,935.00
Effect of Special Items on Income Taxes 1,303.00 132.18 -12.34 108.01 110.24
Income Taxes Excluding Impact of Special Items 552.00 667.18 285.66 686.01 908.24
Normalized Income After Taxes 4,785.00 5,871.82 5,222.34 4,775.99 4,026.76
Normalized Income Available to Common 4,768.00 5,852.82 5,231.34 4,779.99 4,026.76
Basic Normalized EPS 3.56 4.35 3.86 3.47 2.86
Diluted Normalized EPS 3.53 4.31 3.82 3.44 2.82
Amortization of Intangibles, Supplemental 1,756.00 1,764.00 1,823.00 1,980.00 1,931.00
Depreciation, Supplemental 907.00 895.00 821.00 937.00 889.00
Interest Expense, Supplemental 679.00 959.00 1,108.00 1,094.00 1,386.00
Interest Capitalized, Supplemental -- -- -- -- --
Rental Expense, Supplemental -- 305.00 319.00 294.00 269.00
Stock-Based Compensation, Supplemental -- 290.00 344.00 346.00 375.00
Minority Interest, Supplemental -17.00 -19.00 9.00 4.00 0.00
Research & Development Expense, Supplemental 2,331.00 2,330.00 2,256.00 2,193.00 2,224.00
Audit-Related Fees, Supplemental -- 15.59 16.18 16.37 13.34
Audit-Related Fees -- 0.32 0.50 2.82 4.18
Tax Fees, Supplemental -- 1.01 1.51 2.07 3.23
All Other Fees Paid to Auditor, Supplemental -- 0.03 0.28 0.13 0.21
Gross Margin 67.96 70.34 69.82 68.81 68.29
Operating Margin 15.14 18.93 22.04 18.12 18.59
Pretax Margin 14.02 17.01 18.95 15.49 15.04
Effective Tax Rate -18.52 10.29 5.25 12.56 18.40
Net Profit Margin 16.56 15.19 17.98 13.56 12.27
Normalized EBIT 5,660.00 6,901.00 6,661.00 6,189.00 5,960.00
Normalized EBITDA 8,323.00 9,560.00 9,305.00 9,106.00 8,780.00
Current Tax - Domestic -- 579.00 2,899.00 614.00 440.00
Current Tax - Foreign -- 406.00 796.00 840.00 835.00
Current Tax - Total -- 985.00 3,695.00 1,454.00 1,275.00
Deferred Tax - Domestic -- -322.00 -2,237.00 -399.00 -67.00
Deferred Tax - Foreign -- -128.00 -1,160.00 -477.00 -410.00
Deferred Tax - Total -- -450.00 -3,397.00 -876.00 -477.00
Income Tax - Total -- 535.00 298.00 578.00 798.00
Interest Cost - Domestic -- 129.00 117.00 109.00 122.00
Service Cost - Domestic -- 109.00 116.00 117.00 120.00
Prior Service Cost - Domestic -- 1.00 1.00 1.00 0.00
Expected Return on Assets - Domestic -- -215.00 -205.00 -195.00 0.00
Actuarial Gains and Losses - Domestic -- 76.00 82.00 88.00 98.00
Curtailments & Settlements - Domestic -- 0.00 16.00 60.00 1.00
Domestic Pension Plan Expense -- 100.00 127.00 180.00 341.00
Interest Cost - Foreign -- 30.00 28.00 26.00 31.00
Service Cost - Foreign -- 59.00 67.00 70.00 81.00
Prior Service Cost - Foreign -- -1.00 0.00 -1.00 0.00
Expected Return on Assets - Foreign -- -57.00 -53.00 -48.00 -256.00
Actuarial Gains and Losses - Foreign -- 12.00 18.00 17.00 20.00
Curtailments & Settlements - Foreign -- -2.00 0.00 0.00 10.00
Foreign Pension Plan Expense -- 41.00 60.00 64.00 -114.00
Interest Cost - Post-Retirement -- -- -- -- --
Service Cost - Post-Retirement -- -- -- -- --
Prior Service Cost - Post-Retirement -- -- -- -- --
Expected Return on Assets - Post-Retirement -- -- -- -- --
Actuarial Gains and Losses - Post-Retirement -- -- -- -- --
Curtailments & Settlements - Post-Retirement -- -- -- -- --
Other Post-Retirement, Net -- 17.00 -9.00 11.00 12.00
Post-Retirement Plan Expense -- 17.00 -9.00 11.00 12.00
Defined Contribution Expense - Domestic -- -- -- -- --
Total Pension Expense -- 158.00 178.00 255.00 239.00
Discount Rate - Domestic -- 4.23 4.18 4.18 4.30
Discount Rate - Foreign -- 0.50 11.40 10.20 10.20
Discount Rate - Post-Retirement -- -- -- -- --
Expected Rate of Return - Domestic -- 7.90 7.90 8.20 8.20
Expected Rate of Return - Foreign -- 4.23 4.20 4.45 4.35
Expected Rate of Return - Post-Retirement -- -- -- -- --
Compensation Rate - Domestic -- 3.90 3.90 3.90 3.90
Compensation Rate - Foreign -- 2.88 2.89 2.83 2.92
Total Plan Interest Cost -- 159.00 145.00 135.00 153.00
Total Plan Service Cost -- 168.00 183.00 187.00 201.00
Total Plan Expected Return -- -272.00 -258.00 -243.00 -256.00
Total Plan Other Expense -- 17.00 -9.00 11.00 12.00
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