| | Update | Restated | Restated | Update |
| | 04/09/13 | 04/09/13 | 03/13/13 | 03/13/13 |
In millions of USD
(except for per share items) |
| Net Sales | 34,833.00 | 33,666.00 | 27,699.00 | 26,109.00 |
| Revenue | 34,833.00 | 33,666.00 | 27,699.00 | 26,109.00 |
| Interest Income, Non-Bank | -- | -- | -- | 63.00 |
| Other Revenue | 477.00 | 757.00 | 1,200.00 | 1,156.00 |
| Other Revenue, Total | 477.00 | 757.00 | 1,200.00 | 1,219.00 |
|
| Total Revenue | 35,310.00 | 34,423.00 | 28,899.00 | 27,328.00 |
| Cost of Revenue | 25,626.00 | 24,795.00 | 20,467.00 | 19,708.00 |
| Cost of Revenue, Total | 25,626.00 | 24,795.00 | 20,467.00 | 19,708.00 |
|
| Gross Profit | 9,207.00 | 8,871.00 | 7,232.00 | 6,401.00 |
| Selling / General / Administrative Expense | 3,567.00 | 3,358.00 | 2,912.00 | 3,440.00 |
| Selling / General / Administrative Expenses, Total | 3,567.00 | 3,358.00 | 2,912.00 | 3,440.00 |
| Research & Development | 2,067.00 | 1,910.00 | 1,603.00 | 1,378.00 |
| Interest Expense - Operating | 453.00 | 473.00 | 630.00 | 455.00 |
| Interest Capitalized - Operating | -- | -- | -- | -47.00 |
| Interest Expense, Net - Operating | 453.00 | 473.00 | 630.00 | 408.00 |
| Investment Income - Operating | -11.00 | 53.00 | 67.00 | -- |
| Interest / Investment Income - Operating | -11.00 | 53.00 | 67.00 | -- |
| Interest Expense (Income), Net-Operating, Total | 442.00 | 526.00 | 697.00 | 408.00 |
| Restructuring Charge | 218.00 | 53.00 | -40.00 | -- |
| Impairment-Assets Held for Use | 275.00 | -- | -- | -- |
| Other Unusual Expense (Income) | -- | -- | -- | 210.00 |
| Unusual Expense (Income) | 493.00 | 53.00 | -40.00 | 210.00 |
|
| Total Operating Expense | 32,195.00 | 30,642.00 | 25,639.00 | 25,144.00 |
|
| Operating Income | 3,115.00 | 3,781.00 | 3,260.00 | 2,184.00 |
|
| Net Income Before Taxes | 3,115.00 | 3,781.00 | 3,260.00 | 2,184.00 |
| Provision for Income Taxes | 622.00 | 626.00 | 515.00 | 415.00 |
|
| Net Income After Taxes | 2,493.00 | 3,155.00 | 2,745.00 | 1,769.00 |
| Minority Interest | -25.00 | -36.00 | -21.00 | -14.00 |
|
| Net Income Before Extraordinary Items | 2,468.00 | 3,119.00 | 2,724.00 | 1,755.00 |
| Discontinued Operations | 320.00 | 355.00 | 307.00 | -- |
| Total Extraordinary Items | 320.00 | 355.00 | 307.00 | -- |
|
| Net Income | 2,788.00 | 3,474.00 | 3,031.00 | 1,755.00 |
| Preferred Dividends | -10.00 | -10.00 | -10.00 | -10.00 |
| Total Adjustments to Net Income | -10.00 | -10.00 | -10.00 | -10.00 |
|
| Income Available to Common Excluding Extraordinary Items | 2,458.00 | 3,109.00 | 2,714.00 | 1,745.00 |
|
| Income Available to Common Stocks Including Extraordinary Items | 2,778.00 | 3,464.00 | 3,021.00 | 1,745.00 |
| Basic Weighted Average Shares | 933.28 | 928.42 | 908.86 | 904.40 |
| Basic EPS Excluding Extraordinary Items | 2.63 | 3.35 | 2.99 | 1.93 |
| Basic EPS Including Extraordinary Items | 2.98 | 3.73 | 3.32 | 1.93 |
|
| Diluted Net Income | 2,778.00 | 3,464.00 | 3,021.00 | 1,745.00 |
| Diluted Weighted Average Shares | 942.20 | 941.03 | 921.66 | 908.71 |
| Diluted EPS Excluding Extraordinary Items | 2.61 | 3.30 | 2.94 | 1.92 |
| Diluted EPS Including Extraordinary Items | 2.95 | 3.68 | 3.28 | 1.92 |
| DPS - Common Stock Primary Issue | 1.70 | 1.64 | 1.64 | 1.64 |
| Gross Dividends - Common Stock | 1,593.00 | 1,531.00 | 1,500.00 | 1,491.00 |
| Stock-Based Compensation, Supplemental | 105.00 | 113.00 | 108.00 | 115.00 |
| Interest Expense, Supplemental | 453.00 | 473.00 | 630.00 | 408.00 |
| Interest Capitalized, Supplemental | -37.00 | -46.00 | -38.00 | -47.00 |
| Depreciation, Supplemental | 1,376.00 | -- | -- | 1,251.00 |
| (Gain) Loss on Sale of Assets, Supplemental | -117.00 | -49.00 | -- | -63.00 |
| Litigation Charge, Supplemental | 137.00 | -- | -- | -- |
| Other Unusual Expense (Income), Supplemental | 575.00 | 357.00 | -- | -- |
| Non-Recurring Items, Total | 595.00 | 308.00 | -- | -63.00 |
| Total Special Items | 1,088.00 | 361.00 | -40.00 | 147.00 |
|
| Normalized Income Before Taxes | 4,203.00 | 4,142.00 | 3,220.00 | 2,331.00 |
| Effect of Special Items on Income Taxes | 217.25 | 59.77 | -6.32 | 27.93 |
| Income Taxes Excluding Impact of Special Items | 839.25 | 685.77 | 508.68 | 442.93 |
|
| Normalized Income After Taxes | 3,363.75 | 3,456.23 | 2,711.32 | 1,888.07 |
|
| Normalized Income Available to Common | 3,328.75 | 3,410.23 | 2,680.32 | 1,864.07 |
| Basic Normalized EPS | 3.57 | 3.67 | 2.95 | 2.06 |
| Diluted Normalized EPS | 3.53 | 3.62 | 2.91 | 2.05 |
| Amortization of Intangibles, Supplemental | 337.00 | -- | -- | 252.00 |
| Rental Expense, Supplemental | 316.00 | 268.00 | 229.00 | 302.00 |
| Equity in Affiliates, Supplemental | 99.00 | 191.00 | 179.00 | 86.00 |
| Minority Interest, Supplemental | -25.00 | -36.00 | -21.00 | -14.00 |
| Research & Development Expense, Supplemental | 2,067.00 | 1,910.00 | 1,603.00 | 1,378.00 |
| Audit Fees | -- | -- | -- | 15.00 |
| Audit-Related Fees | -- | -- | -- | 1.00 |
| Tax Fees | -- | -- | -- | .00 |
| All Other Fees | -- | -- | -- | .00 |
| Gross Margin | 26.43 | 26.35 | 26.11 | 24.52 |
| Operating Margin | 8.82 | 10.98 | 11.28 | 7.99 |
| Pretax Margin | 8.82 | 10.98 | 11.28 | 7.99 |
| Effective Tax Rate | 19.97 | 16.56 | 15.80 | 19.00 |
| Net Profit Margin | 6.96 | 9.03 | 9.39 | 6.39 |
| Normalized EBIT | 4,645.00 | 4,668.00 | 3,917.00 | 2,739.00 |
| Normalized EBITDA | 6,358.00 | 4,668.00 | 3,917.00 | 4,242.00 |
| Current Tax - Domestic | 121.00 | 353.00 | -142.00 | 23.00 |
| Current Tax - Foreign | 663.00 | 482.00 | 401.00 | 328.00 |
| Current Tax - Local | 16.00 | -20.00 | -9.00 | -9.00 |
| Current Tax - Total | 800.00 | 815.00 | 250.00 | 342.00 |
| Deferred Tax - Domestic | -103.00 | -147.00 | 240.00 | 57.00 |
| Deferred Tax - Foreign | -29.00 | -38.00 | 3.00 | 15.00 |
| Deferred Tax - Local | -46.00 | -4.00 | 22.00 | 1.00 |
| Deferred Tax - Total | -178.00 | -189.00 | 265.00 | 73.00 |
| Income Tax - Total | 622.00 | 626.00 | 515.00 | 415.00 |
| Interest Cost - Domestic | 1,165.00 | -- | -- | 1,270.00 |
| Service Cost - Domestic | 277.00 | -- | -- | 192.00 |
| Prior Service Cost - Domestic | 13.00 | -- | -- | 18.00 |
| Expected Return on Assets - Domestic | -1,517.00 | -- | -- | -1,603.00 |
| Actuarial Gains and Losses - Domestic | 887.00 | -- | -- | 278.00 |
| Curtailments & Settlements - Domestic | 7.00 | -- | -- | .00 |
| Domestic Pension Plan Expense | 832.00 | -- | -- | 155.00 |
| Interest Cost - Post-Retirement | 174.00 | -- | -- | 245.00 |
| Service Cost - Post-Retirement | 37.00 | -- | -- | 31.00 |
| Prior Service Cost - Post-Retirement | -155.00 | -- | -- | -106.00 |
| Actuarial Gains and Losses - Post-Retirement | 94.00 | -- | -- | 50.00 |
| Curtailments & Settlements - Post-Retirement | 3.00 | -- | -- | -- |
| Post-Retirement Plan Expense | 153.00 | -- | -- | 220.00 |
| Defined Contribution Expense - Domestic | 336.00 | -- | -- | 245.00 |
| Total Pension Expense | 1,321.00 | -- | -- | 620.00 |
| Discount Rate - Domestic | 4.32 | -- | -- | 6.14 |
| Discount Rate - Post-Retirement | 4.49 | -- | -- | 6.25 |
| Expected Rate of Return - Domestic | 8.61 | -- | -- | 8.75 |
| Compensation Rate - Domestic | 4.18 | -- | -- | 4.30 |
| Compensation Rate - Post-Retirement | 4.40 | -- | -- | 4.50 |
| Total Plan Interest Cost | 1,339.00 | -- | -- | 1,515.00 |
| Total Plan Service Cost | 314.00 | -- | -- | 223.00 |
| Total Plan Expected Return | -1,517.00 | -- | -- | -1,603.00 |
