10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
STRYKER CORP | |||
Ticker: SYK Fiscal Year: 2011 | |||
Consolidated Statements Of Earnings | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 13, 2012) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Net sales | $ 8,307 | 7,320 | 6,723 |
| Cost of sales | 2,811 | 2,286 | 2,184 |
| Gross profit | 5,496 | 5,034 | 4,539 |
| Research, development and engineering expenses | 462 | 394 | 336 |
| Selling, general and administrative expenses | 3,150 | 2,707 | 2,506 |
| Intangibles asset amortization | 122 | 58 | 36 |
| Property, plant and equipment impairment | 124 | ||
| Restructuring charges | 76 | 67 | |
| Total operating expenses | 3,810 | 3,283 | 2,945 |
| Operating income | 1,686 | 1,751 | 1,594 |
| Other income (expense) | (22) | 30 | |
| Earnings before income taxes | 1,686 | 1,729 | 1,624 |
| Income taxes | 341 | 456 | 517 |
| Net earnings | 1,345 | 1,273 | 1,107 |
| Net earnings per share of common stock: | |||
| Basic net earnings per share of common stock | 3.48 | 3.21 | 2.79 |
| Diluted net earnings per share of common stock | 3.45 | 3.19 | 2.77 |
| Weighted-average shares outstanding-in millions: | |||
| Basic | 386,500 | 396,400 | 397,400 |
| Employee stock options | 10,800 | 10,600 | 20,100 |
| Less antidilutive stock options | (7,800) | (7,500) | (18,100) |
| Net effect of dilutive employee stock options | 3,000 | 3,100 | 2,000 |
| Diluted | 389,500 | 399,500 | 399,400 |
| External Links | |
| STRYKER CORP (SYK) Fiscal Year 2011 | |
| 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 |