|
For the years ended August 31
In millions, except per share amounts |
2006 |
2005 |
2004 |
|
| Net revenue: |
|
|
|
Products |
$41,446 |
$36,015 |
$33,585 |
Services |
7,336 |
6,355 |
5,834 |
|
Total net revenue |
48,782 |
42,370 |
39,419 |
|
| Costs and expenses: |
|
|
|
Cost of products sold |
29,727 |
25,305 |
24,044 |
Cost of services |
5,137 |
4,415 |
3,746 |
Research and development |
2,646 |
2,440 |
2,380 |
Selling, general and administrative |
7,383 |
6,522 |
5,850 |
|
Total costs and expenses |
44,893 |
38,682 |
36,020 |
|
| Earnings from operations |
3,889 |
3,688 |
3,399 |
| Interest income and other, net |
993 |
708 |
530 |
| Interest expense |
257 |
202 |
235 |
|
| Earnings from continuing operations before taxes |
4,625 |
4,194 |
3,694 |
| Provision for taxes |
1,064 |
1,090 |
1,016 |
|
| Net earnings from continuing operations |
3,561 |
3,104 |
2,678 |
| Net earnings from discontinued operations |
136 |
387 |
267 |
|
| Net earnings |
$3,697 |
$3,491 |
$2,945 |
|
Net earnings per share-Continuing operations:
Basic |
$1.80 |
$1.54 |
$1.29 |
Diluted |
$1.73 |
$1.49 |
$1.26 |
Net earnings per share-Discontinued operations:
Basic |
$0.07 |
$0.19 |
$0.13 |
Diluted |
$0.07 |
$0.18 |
$0.13 |
Net earnings per share-Total:
Basic |
$1.87 |
$1.73 |
$1.42 |
Diluted |
$1.80 |
$1.67 |
$1.39 |
Average number of shares and share equivalents:
Basic |
1,979 |
2,018 |
2,068 |
Diluted |
2,077 |
2,105 |
2,144 |
|
|