XML 102 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net revenues $ 9,556 $ 9,664 $ 8,347
Cost of sales (5,860) (5,803) (5,075)
Gross profit 3,696 3,861 3,272
Selling, general and administrative (1,093) (1,095) (981)
Research and development (1,498) (1,398) (1,296)
Other income and expenses, net 103 53 55
Impairment, restructuring charges and other related closure costs (5) (21) (45)
Operating income 1,203 1,400 1,005
Interest income (expense), net 1 (7) (22)
Other components of pension benefit costs (16) (11) (12)
Income (loss) on equity-method investments 1 8 (2)
Loss on financial instruments, net   (1) (16)
Income before income taxes and noncontrolling interest 1,189 1,389 953
Income tax expense (156) (96) (143)
Net income 1,033 1,293 810
Net income attributable to noncontrolling interest (1) (6) (8)
Net income attributable to parent company $ 1,032 $ 1,287 $ 802
Earnings per share (Basic) attributable to parent company stockholders $ 1.15 $ 1.43 $ 0.91
Earnings per share (Diluted) attributable to parent company stockholders $ 1.14 $ 1.41 $ 0.89
Net Sales [Member]      
Net revenues $ 9,529 $ 9,612 $ 8,308
Other Revenues [Member]      
Net revenues $ 27 $ 52 $ 39