10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GILEAD SCIENCES, INC. | |||
Ticker: GILD Fiscal Year: 2020 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Revenues: | |||
| Revenues | $ 24,689 | 22,449 | 22,127 |
| Costs and expenses: | |||
| Cost of goods sold | 4,572 | 4,675 | 4,853 |
| Research and development expenses | 5,039 | 4,055 | 3,920 |
| Acquired in-process research and development expenses | 5,856 | 5,051 | 1,098 |
| Selling, general and administrative expenses | 5,151 | 4,381 | 4,056 |
| Total costs and expenses | 20,618 | 18,162 | 13,927 |
| Income from operations | 4,071 | 4,287 | 8,200 |
| Interest expense | (984) | (995) | (1,077) |
| Other income (expense), net | (1,418) | 1,868 | 676 |
| Income before income taxes | 1,669 | 5,160 | 7,799 |
| Income tax expense (benefit) | 1,580 | (204) | 2,339 |
| Net income | 89 | 5,364 | 5,460 |
| Net (loss) income attributable to noncontrolling interest | (34) | (22) | 5 |
| Net income attributable to Gilead | 123 | 5,386 | 5,455 |
| Net income per share attributable to Gilead common stockholders - basic (usd per share) | 0.10 | 4.24 | 4.20 |
| Shares used in per share calculation - basic (in shares) | 1,257 | 1,270 | 1,298 |
| Net income per share attributable to Gilead common stockholders - diluted (usd per share) | 0.10 | 4.22 | 4.17 |
| Shares used in per share calculation - diluted (in shares) | 1,263 | 1,277 | 1,308 |
| Product and Service | |||
| Product sales | |||
| Revenues | 24,355 | 22,119 | 21,677 |
| Royalty, contract and other revenues | |||
| Revenues | 334 | 330 | 450 |
| External Links | |
| GILEAD SCIENCES, INC. (GILD) Fiscal Year 2020 | |
| 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 |