10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ABBVIE INC. | |||
Ticker: ABBV Fiscal Year: 2015 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 19, 2016) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net Revenues | $ 22,859 | 19,960 | 18,790 |
| Cost of products sold | 4,500 | 4,426 | 4,581 |
| Selling, general and administrative | 6,387 | 7,724 | 5,352 |
| Research and development | 4,285 | 3,297 | 2,855 |
| Acquired in-process research and development | 150 | 352 | 338 |
| Other expense | 750 | ||
| Total operating costs and expenses | 15,322 | 16,549 | 13,126 |
| Operating earnings | 7,537 | 3,411 | 5,664 |
| Interest expense, net | 686 | 391 | 278 |
| Net foreign exchange loss | 193 | 678 | 55 |
| Other (income) expense, net | 13 | (27) | (1) |
| Earnings before income tax expense | 6,645 | 2,369 | 5,332 |
| Income tax expense | 1,501 | 595 | 1,204 |
| Net earnings | 5,144 | 1,774 | 4,128 |
| Per share data | |||
| Basic earnings per share (in dollars per share) | 3.15 | 1.11 | 2.58 |
| Diluted earnings per share (in dollars per share) | 3.13 | 1.10 | 2.56 |
| Cash dividends declared per common share (in dollars per share) | 2.10 | 1.75 | 2.00 [1] |
| Weighted-average basic shares outstanding (in shares) | 1,625 | 1,595 | 1,589 |
| Weighted-average diluted shares outstanding (in shares) | 1,637 | 1,610 | 1,604 |
| [1] On January 4, 2013, a cash dividend of $0.40 per share of common stock was declared from pre-separation earnings and was recorded as a reduction of additional paid-in capital. | |||
| External Links | |
| ABBVIE INC. (ABBV) Fiscal Year 2015 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |