Financial Summary (All financials)
In millions, except per share items | Jun-30-18 | Jun-30-17 | Jun-30-16 | Jun-30-15 | Jun-30-14 | Jun-30-13 | Jun-30-12 | Jun-30-11 |
Revenues | 30,400 | 28,500 | 27,326 | 28,987 | 31,867 | 27,675 | 25,051 | 24,232 |
Revenue growth | 6.7% | 4.3% | -5.7% | -9.0% | 15.1% | 10.5% | 3.4% | -26.1% |
Cost of goods sold | 19,769 | 18,094 | 17,419 | 18,561 | 21,108 | 17,496 | 15,663 | 15,745 |
Gross profit | 10,631 | 10,406 | 9,907 | 10,426 | 10,759 | 10,179 | 9,388 | 8,487 |
Gross margin | 35.0% | 36.5% | 36.3% | 36.0% | 33.8% | 36.8% | 37.5% | 35.0% |
Selling, general and administrative | 3,668 | 3,298 | 3,385 | 3,784 | 4,129 | 4,007 | 3,719 | 3,759 |
EBITA | 6,527 | 6,804 | 6,243 | 7,113 | 6,511 | 6,306 | 5,720 | 4,413 |
EBITA margin | 21.5% | 23.9% | 22.8% | 24.5% | 20.4% | 22.8% | 22.8% | 18.2% |
Amortization of intangibles | 247 | 254 | 247 | 303 | 401 | 183 | 126 | 110 |
EBIT | 6,280 | 6,550 | 5,996 | 6,810 | 6,110 | 6,123 | 5,594 | 4,303 |
EBIT margin | 20.7% | 23.0% | 21.9% | 23.5% | 19.2% | 22.1% | 22.3% | 17.8% |
Pre-tax income | 4,410 | 4,689 | 4,154 | 9,847 | 5,189 | 8,736 | 4,463 | 3,098 |
Income taxes | -364 | 1,419 | 1,130 | 1,243 | 1,272 | 1,690 | 1,094 | 673 |
Tax rate | | 30.3% | 27.2% | 12.6% | 24.5% | 19.3% | 24.5% | 21.7% |
Earnings from continuing ops | 4,464 | 2,952 | 2,755 | 8,306 | 4,514 | 7,097 | 1,179 | 2,296 |
Earnings from discontinued ops | | | | | | | | 443 |
Net income | 4,464 | 2,952 | 2,755 | 8,306 | 4,514 | 7,097 | 1,179 | 2,739 |
Net margin | 14.7% | 10.4% | 10.1% | 28.7% | 14.2% | 25.6% | 4.7% | 11.3% |
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Diluted EPS | $2.40 | $1.59 | $1.42 | $3.90 | $1.99 | $3.03 | $0.47 | $0.87 |
Shares outstanding (diluted) | 1,857 | 1,856 | 1,945 | 2,130 | 2,269 | 2,341 | 2,504 | 2,633 |
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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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