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: 2019 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 26, 2020) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Revenues | |||
| Revenues | $ 25,542 | 24,358 | 20,918 |
| Costs and Operating Expenses: | |||
| Selling, general and administrative expenses | 6,144 | 6,057 | 5,504 |
| Research and development expenses | 1,003 | 967 | 887 |
| Restructuring and other (income) costs, net | (413) | 50 | 97 |
| Total costs and operating expenses | 20,948 | 20,575 | 17,958 |
| Operating Income | 4,594 | 3,783 | 2,960 |
| Interest Income | 224 | 137 | 81 |
| Interest Expense | (676) | (667) | (592) |
| Other (Expense) Income, Net | (72) | 9 | (20) |
| Income from Continuing Operations Before Income Taxes | 4,070 | 3,262 | 2,429 |
| Provision for Income Taxes | (374) | (324) | (201) |
| Income from Continuing Operations | 3,696 | 2,938 | 2,228 |
| Loss from Discontinued Operations (net of income tax benefit of $0, $0 and $2) | 0 | 0 | (3) |
| Net Income | 3,696 | 2,938 | 2,225 |
| Earnings per Share from Continuing Operations | |||
| Basic (in dollars per share) | 9.24 | 7.31 | 5.65 |
| Diluted (in dollars per share) | 9.17 | 7.24 | 5.60 |
| Earnings per Share | |||
| Basic (in dollars per share) | 9.24 | 7.31 | 5.64 |
| Diluted (in dollars per share) | 9.17 | 7.24 | 5.59 |
| Weighted Average Shares | |||
| Basic (in shares) | 400 | 402 | 395 |
| Diluted (in shares) | 403 | 406 | 398 |
| Product and Service | |||
| Product | |||
| Revenues | 19,496 | 18,868 | 17,374 |
| Cost of revenues | 10,037 | 9,682 | 8,975 |
| Service | |||
| Revenues | 6,046 | 5,490 | 3,544 |
| Cost of revenues | 4,177 | 3,819 | 2,495 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2019 | |
| 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 |