Financial Highlights
(in millions, except per share amounts)
2007 | 2008 | % Change | |
---|---|---|---|
Sales | $6,000.5 | $6,718.2 | 12.0 |
Earnings from continuing operations before income taxes | 1,370.1 | 1,580.2 | 15.3 |
Income taxes | 383.4 | 432.4 | 12.8 |
Net earnings from continuing operations | 986.7 | 1,147.8 | 16.3 |
Adjusted net earnings from continuing operations1 | 999.4 | 1,169.5 | 17.0 |
Diluted net earnings from continuing operations per share of common stock: |
|||
Reported | $ 2.37 | $ 2.78 | 17.3 |
Adjusted1 | $ 2.40 | $ 2.83 | 17.9 |
Dividends declared – per share | 0.33 | 0.40 | 21.2 |
Cash and marketable securities | 2,410.8 | 2,195.6 | (8.9) |
1 Adjusted to exclude restructuring charges recorded in 2008 and an intangible asset impairment charge recorded in 2007.
Net Sales from Continuing Operations |
Diluted EPS from Continuing Operations |
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Adjusted Diluted EPS
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Dividend History |
* Adjusted to exclude certain charges, including restructuring, intangible asset impairment, in-process research and development, income taxes on repatriation of foreign earnings and acquisition-related items. |