XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED INCOME STATEMENT (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Profit or loss [abstract]        
Net sales to third parties $ 2,402 $ 2,200 $ 4,735 $ 4,375
Other revenues 20 17 39 31
Net sales and other revenues 2,422 2,217 4,774 4,406
Cost of net sales (1,040) (999) (2,070) (1,966)
Cost of other revenues (19) (14) (36) (28)
Gross profit 1,363 1,204 2,668 2,412
Selling, general & administration (832) (803) (1,617) (1,544)
Research & development (217) (181) (419) (347)
Other income 5 3 10 12
Other expense (49) (23) (104) (87)
Operating income 270 200 538 446
Interest expense (48) (31) (95) (60)
Other financial income & expense (9) (22) (17) (39)
Income before taxes 213 147 426 347
Taxes (44) 1 (83) (31)
Net income $ 169 $ 148 $ 343 $ 316
Earnings per share ($)        
Basic (in dollars per share) $ 0.34 $ 0.30 $ 0.70 $ 0.64
Diluted (in dollars per share) $ 0.34 $ 0.30 $ 0.69 $ 0.64
Weighted average number of shares outstanding        
Basic (in shares) 493.2 491.7 492.8 491.3
Diluted (in shares) 495.7 494.3 495.9 494.2