Why is this beneficial?

Net Income

All numbers in millions of US Dollars
2015 (12/31/15) 2014 (12/31/14) 2013 (12/31/13) 2012 (12/31/12) 2011 (12/31/11)

Sales/Turnover (Net)

74,989 66,001 59,825 Log in for more information
Cost of Goods Sold 23,140 20,711 21,885
Gross Profit (Loss) 51,849 45,290 37,940
Selling, General and Administrative Expenses 27,465 23,814 19,912

Operating Income Before Depreciation

24,384 21,476 18,028
Depreciation and Amortization – Total 5,024 4,602 3,939

Operating Income After Depreciation

19,360 16,874 14,089
Interest and Related Expense 104 101 83
Non–operating Income (Expense) – Total 395 738 670
Key Component      
Interest Income – Total 999 746 785
Special Items Income (Expense) 0 (252) (180)

Pretax Income

19,651 17,259 14,496
Income Taxes – Total Expense (Credit) 3,303 3,331 2,282
Minority Interest – Income Account 0 0 0
Income Before Extraordinary Items 16,348 13,928 12,214
Dividends – Preferred/Preference 0 0 0
Income Before Extraordinary Items –
Available for Common
16,348 13,928 12,214
Common Stock Equivalents – Dollar Savings -522 0 0
Income Before Extraordinary Items –
Adjusted for Common Stock Equivalents
15,826 13,928 12,214
Extraordinary Items and Discontinued Operations Credit (Expense) 0 516 706


15,826 14,444 12,920

Earnings Per Share

All numbers in millions US Dollars
2015 (12/31/15) 2014 Adjusted (12/31/14) 2013 Adjusted (12/31/13) 2012 Adjusted (12/31/12) 2011 Adjusted (12/31/11)
Earnings per Share – Diluted Excluding Extraordinary Items 22.84 20.21 17.98 Log in for more information
Earnings per Share from Operations – Diluted 22.84 20.64 18.15
Dividends Common/Ordinary 0 0 0
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Why is Data Standardization Beneficial?

Companies often present their financial results in a variety of formats, making it difficult to construct parallel company comparisons on an "apples-to-apples" basis. After collecting data from a diverse set of sources, S&P Capital IQ standardizes it by financial statement and by specific data item definition, preparing information so that it is comparable across companies, industries and time periods.

More about data standardization from S&P Capital IQ (PDF)
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