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: 2022 | |||
Consolidated Statements Of Earnings | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net sales | $ 18,449 | 17,108 | 14,351 |
| Cost of sales | 6,871 | 6,140 | 5,294 |
| Gross profit | 11,578 | 10,968 | 9,057 |
| Research, development and engineering expenses | 1,454 | 1,235 | 984 |
| Selling, general and administrative expenses | 6,455 | 6,427 | 5,361 |
| Recall charges, net | (15) | 103 | 17 |
| Amortization of intangible assets | 627 | 619 | 472 |
| Goodwill impairment | 216 | 0 | 0 |
| Total operating expenses | 8,737 | 8,384 | 6,834 |
| Operating income | 2,841 | 2,584 | 2,223 |
| Other income (expense), net | (158) | (303) | (269) |
| Earnings before income taxes | 2,683 | 2,281 | 1,954 |
| Income taxes | 325 | 287 | 355 |
| Net earnings | 2,358 | 1,994 | 1,599 |
| Net earnings per share of common stock: | |||
| Basic net earnings per share of common stock (in dollars per share) | 6.23 | 5.29 | 4.26 |
| Diluted net earnings per share of common stock (in dollars per share) | 6.17 | 5.21 | 4.20 |
| Weighted-average shares outstanding (in millions): | |||
| Basic (in shares) | 378,200 | 377,000 | 375,500 |
| Effect of dilutive employee stock compensation (in shares) | 4,000 | 5,300 | 4,800 |
| Diluted (in shares) | 382,200 | 382,300 | 380,300 |
| External Links | |
| STRYKER CORP (SYK) Fiscal Year 2022 | |
| 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 |