10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
THERMO FISHER SCIENTIFIC INC. | |||
Ticker: TMO Fiscal Year: 2017 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 28, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Revenues | |||
| Product revenues | $ 17,374 | 15,712 | 14,668 |
| Service revenues | 3,544 | 2,562 | 2,297 |
| Total revenues | 20,918 | 18,274 | 16,965 |
| Costs and Operating Expenses: | |||
| Cost of product revenues | 8,976 | 8,214 | 7,584 |
| Cost of service revenues | 2,497 | 1,691 | 1,625 |
| Selling, general and administrative expenses | 5,492 | 4,976 | 4,612 |
| Research and development expenses | 888 | 755 | 692 |
| Restructuring and other costs, net | 97 | 189 | 116 |
| Total costs and operating expenses | 17,950 | 15,825 | 14,629 |
| Operating Income | 2,968 | 2,449 | 2,336 |
| Other Expense, Net | (539) | (425) | (400) |
| Income from Continuing Operations Before Income Taxes | 2,429 | 2,024 | 1,936 |
| (Provision for) Benefit from Income Taxes | (201) | 1 | 44 |
| Income from Continuing Operations | 2,228 | 2,025 | 1,980 |
| Loss from Discontinued Operations (net of income tax benefit of $2, $2 and $3) | (3) | (3) | (5) |
| Net Income | 2,225 | 2,022 | 1,975 |
| Earnings per Share from Continuing Operations | |||
| Basic (in dollars per share) | 5.65 | 5.13 | 4.97 |
| Diluted (in dollars per share) | 5.60 | 5.10 | 4.93 |
| Earnings per Share | |||
| Basic (in dollars per share) | 5.64 | 5.12 | 4.96 |
| Diluted (in dollars per share) | 5.59 | 5.09 | 4.92 |
| Weighted Average Shares | |||
| Basic (in shares) | 395 | 395 | 399 |
| Diluted (in shares) | 398 | 397 | 402 |
| Cash Dividends Declared per Common Share (in dollars per share) | 0.60 | 0.60 | 0.60 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) 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 |