Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

16. Quarterly Financial Data (Unaudited)

Summarized quarterly results, were as follows (in millions, except per share data):


	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
Year ended December 31, 2013
Revenue	$	4,376	$	4,680	$	4,863	$	5,302
Gross profit		1,167		1,173		1,360		1,404
Income from continuing operations		461		494		598		627
Income from discontinued operations		41		37		38		31
Net income attributable to Company		502		531		636		658
Per share data:
Basic:
Income from continuing operations		1.08		1.16		1.40		1.47
Income from discontinued operations		0.10		0.09		0.09		0.07
Net income attributable to Company		1.18		1.25		1.49		1.54
Diluted:
Income from continuing operations		1.07		1.15		1.40		1.47
Income from discontinued operations		0.10		0.09		0.09		0.07
Net income attributable to Company		1.17		1.24		1.49		1.53
Cash dividends per share		0.13		0.26		0.26		0.26
Year ended December 31, 2012
Revenue	$	3,968	$	4,206	$	4,307	$	4,713
Gross profit		1,214		1,228		1,247		1,354
Income from continuing operations		583		579		584		637
Income from discontinued operations		23		26		28		31
Net income attributable to Company		606		605		612		668
Per share data:
Basic:
Income from continuing operations		1.37		1.37		1.38		1.50
Income from discontinued operations		0.06		0.05		0.06		0.07
Net income attributable to Company		1.43		1.42		1.44		1.57
Diluted:
Income from continuing operations		1.36		1.35		1.36		1.49
Income from discontinued operations		0.06		0.06		0.06		0.07
Net income attributable to Company		1.42		1.42		1.43		1.56
Cash dividends per share		0.12		0.12		0.12		0.13

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details