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Consolidated Statements of Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net revenues $ 4,529 $ 5,617 $ 14,295 $ 16,987
Cost of sales 2,508 2,967 7,865 8,643
Gross profit 2,021 2,650 6,430 8,344
Research and development expenses 311 531 918 1,432
Selling and marketing expenses 743 843 2,224 2,745
General and administrative expenses 309 372 954 1,101
Other asset impairments, restructuring and other items 658 550 2,080 1,209
Goodwill impairment     300 6,100
Legal settlements and loss contingencies 19 (20) (1,239) 324
Other income (35) (4) (334) (100)
Operating income (loss) 16 378 1,527 (4,467)
Financial expenses, net 229 259 736 704
Income (loss) before income taxes (213) 119 791 (5,171)
Tax benefits (26) (494) (56) (462)
Share in losses of associated companies, net 10 3 76 10
Net income (loss) (197) 610 771 (4,719)
Net income attributable to non-controlling interests 11 15 35 11
Net income (loss) attributable to Teva (208) 595 736 (4,730)
Dividends on preferred shares 65 65 195 195
Net income (loss) attributable to ordinary shareholders $ (273) $ 530 $ 541 $ (4,925)
Earnings (loss) per share attributable to ordinary shareholders:        
Basic $ (0.27) $ 0.52 $ 0.53 $ (4.85)
Diluted $ (0.27) $ 0.52 $ 0.53 $ (4.85)
Weighted average number of shares (in millions):        
Basic 1,018 1,017 1,018 1,016
Diluted 1,018 1,017 1,020 1,016