Financial Summary (All financials)
In millions, except per share items | Dec-26-09 | Dec-27-08 | Dec-29-07 | Dec-30-06 | Dec-30-05 | Dec-25-04 |
Revenues | 13,219.0 | 13,796.0 | 13,591.0 | 12,730.0 | 11,885.0 | 10,906.0 |
Revenue growth | -4.2% | 1.5% | 6.8% | 7.1% | 9.0% | |
Cost of goods sold | 7,379.0 | 7,586.0 | 7,370.0 | 6,900.0 | 6,345.0 | 5,656.0 |
Gross profit | 5,840.0 | 6,210.0 | 6,221.0 | 5,830.0 | 5,540.0 | 5,250.0 |
Gross margin | 44.2% | 45.0% | 45.8% | 45.8% | 46.6% | 48.1% |
Selling, general and administrative | 4,792.0 | 5,149.0 | 5,150.0 | 4,842.0 | 4,533.0 | 4,285.0 |
EBIT | 1,048.0 | 1,061.0 | 1,071.0 | 988.0 | 1,007.0 | 965.0 |
EBIT margin | 7.9% | 7.7% | 7.9% | 7.8% | 8.5% | 8.8% |
Pre-tax income | 749.0 | 334.0 | 803.0 | 927.0 | 895.0 | 832.0 |
Income taxes | 43.0 | 112.0 | 177.0 | 3.0 | 24.0 | 3.0 |
Tax rate | 5.7% | 33.5% | 22.0% | 0.3% | 2.7% | 0.4% |
Net income | 612.0 | 162.0 | 532.0 | 924.0 | 871.0 | 829.0 |
Net margin | 4.6% | 1.2% | 3.9% | 7.3% | 7.3% | 7.6% |
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Diluted EPS | $2.77 | $0.74 | $2.28 | | | |
Shares outstanding (diluted) | 221.0 | 220.0 | 233.0 | | | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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