Financials
Value 2020202120222023202420252026 TTM Selling/general/admin expenses 11.09 B11.41 B11.19 B12.36 B13.18 B13.96 B14.32 B 14.32 B Research & development 6.35 B6.55 B6.77 B7.55 B7.98 B9.3 B9.56 B 9.56 B Operating income 13.62 B12.83 B13.97 B15.03 B12.18 B11.76 B15.37 B 15.37 B Non-Operating Income, Total 350 M429 M508 M287 M53 M-660 M641 M 641 M Interest expense, net of interest capitalized 585 M434 M360 M427 M1.01 B1.59 B1.47 B 1.47 B Non-Operating Income, excl. Interest Expenses -250 M-250 M-244 M108 M359 M-592 M-2.07 B -2.07 B Unusual income/expense 15 M245 M392 M-248 M-306 M-68 M1.25 B 1.25 B Pretax income 13.97 B13.26 B14.48 B15.32 B12.23 B11.1 B16.01 B 16.01 B Equity in earnings ——————— — Taxes 2.76 B2.67 B2.67 B2.71 B1.91 B920 M2.74 B 2.74 B Non-controlling/minority interest ——————— — After tax other income/expense ——————— — Net income before discontinued operations 11.21 B10.59 B11.81 B12.61 B10.32 B10.18 B13.27 B 13.27 B Discontinued operations ——————— — Net income 11.21 B10.59 B11.81 B12.61 B10.32 B10.18 B13.27 B 13.27 B Dilution adjustment ——————— — Preferred dividends ——————— — Diluted net income available to common stockholders 11.21 B10.59 B11.81 B12.61 B10.32 B10.18 B13.27 B 13.27 B Basic earnings per share (Basic EPS) 2.652.512.833.082.552.563.36 3.36 Diluted earnings per share (Diluted EPS) 2.642.52.823.072.542.553.33 3.33 Average basic shares outstanding 4.24 B4.22 B4.17 B4.09 B4.04 B3.98 B3.95 B — Diluted shares outstanding 4.25 B4.24 B4.19 B4.11 B4.06 B4 B3.99 B — EBITDA 14.48 B13.61 B14.76 B15.72 B12.88 B12.47 B16.07 B 16.98 B EBIT 13.58 B12.86 B13.98 B15.04 B12.18 B11.77 B15.37 B 15.37 B Cost of revenue 17.66 B17.9 B19.3 B21.24 B18.97 B19.86 B22.46 B 22.46 B Other cost of goods sold 213 M192 M————— — Depreciation & amortization (cash flow) 900 M800 M800 M700 M700 M700 M700 M 1.61 B