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: 2017 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 16, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net revenues | $ 28,216 | 25,638 | 22,859 |
| Cost of products sold | 7,040 | 5,833 | 4,500 |
| Selling, general and administrative | 6,275 | 5,855 | 6,387 |
| Research and development | 4,982 | 4,366 | 4,285 |
| Acquired in-process research and development | 327 | 200 | 150 |
| Total operating costs and expenses | 18,624 | 16,254 | 15,322 |
| Operating earnings | 9,592 | 9,384 | 7,537 |
| Interest expense, net | 1,004 | 965 | 686 |
| Net foreign exchange loss | 348 | 303 | 193 |
| Other expense, net | 513 | 232 | 13 |
| Earnings before income tax expense | 7,727 | 7,884 | 6,645 |
| Income tax expense | 2,418 | 1,931 | 1,501 |
| Net earnings | 5,309 | 5,953 | 5,144 |
| Per share data | |||
| Basic earnings per share (in dollars per share) | 3.31 | 3.65 | 3.15 |
| Diluted earnings per share (in dollars per share) | 3.30 | 3.63 | 3.13 |
| Cash dividends declared per common share (in dollars per share) | 2.63 | 2.35 | 2.10 |
| Weighted-average basic shares outstanding (in shares) | 1,596 | 1,622 | 1,625 |
| Weighted-average diluted shares outstanding (in shares) | 1,603 | 1,631 | 1,637 |
| External Links | |
| ABBVIE INC. (ABBV) Fiscal Year 2017 | |
| 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 |