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EMN Income Statement

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CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME and RETAINED EARNINGS [Abstract]
Sales 2.46B
Cost of sales 1.8B
Gross profit 657M
Selling, general and administrative expenses 172M
Research and development expenses 56M
Asset impairments and restructuring charges (gains), net -7M
Operating earnings 436M
Net interest expense 45M
Other charges (income), net -8M
Earnings from continuing operations before income taxes 399M
Provision for income taxes from continuing operations 107M
Earnings from continuing operations 292M
Earnings from discontinued operations, net of tax 2M
Gain from disposal of discontinued operations, net of tax
Net earnings 292M
Basic earnings per share
Earnings from continuing operations 1.94
Earnings (loss) from discontinued operations 0.02
Basic earnings per share 1.96
Diluted earnings per share
Earnings from continuing operations 1.92
Earnings (loss) from discontinued operations 0.01
Diluted earnings per share 1.93
Comprehensive Income
Net earnings 292M
Other comprehensive income (loss), net of tax
Change in cumulative translation adjustment
Unrecognized Losses and Prior Service Credits for Benefit Plans
Change in unrealized gains (losses) on derivative instruments 6M
Total other comprehensive income (loss), net of tax
Comprehensive income 297M
Retained Earnings
Retained earnings at beginning of period 4.19B
Net earnings 292M
Cash dividends declared -52M
Retained earnings at end of period 4.43B