
The Value of Stillness


| Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
| Sales | 4.64B | 4.81B | 4.43B | 4.35B |
| Cost of Sales | 638.00M | 643.00M | 581.00M | 530.00M |
| Gross Operating Profit | 4.00B | 4.17B | 3.85B | 3.82B |
| Selling, General, and Administrative Expenses | 1.68B | 1.86B | 1.74B | 1.70B |
| Research & Development | 490.00M | 510.00M | 471.00M | 476.00M |
| Operating Income before D & A (EBITDA) | 1.83B | 1.80B | 1.64B | 1.64B |
| Depreciation & Amortization | 477.00M | 401.00M | 379.00M | 330.00M |
| Interest Income | 20.00M | 30.00M | 23.00M | 178.00M |
| Other Income - Net | 0.00 | -15.00M | -16.00M | -166.00M |
| Special Income / Charges | 5.00M | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | 1.38B | 1.42B | 1.28B | 1.27B |
| Interest Expense | 64.00M | 65.00M | 68.00M | 102.00M |
| Pre-Tax Income | 1.32B | 1.35B | 1.21B | 1.17B |
| Income Taxes | 363.00M | 416.00M | 386.00M | 400.00M |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | 955.00M | 938.00M | 823.00M | 771.00M |
| Net Income From Discontinued Operations | 0.00 | 13.00M | 4.00M | 0.00 |
| Net Income From Total Operations | 955.00M | 951.00M | 827.00M | 771.00M |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | 955.00M | 951.00M | 827.00M | 771.00M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
950.00M | 938.00M | 814.00M | 823.00M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 955.00M | 938.00M | 823.00M | 771.00M |
| Basic EPS from Continuing Ops. | 2.07 | 1.91 | 1.60 | 1.48 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.03 | 0.01 | 0.00 |
| Basic EPS from Total Operations | 2.07 | 1.94 | 1.61 | 1.48 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | 2.07 | 1.94 | 1.61 | 1.48 |
| Basic Normalized Net Income/Share | 2.06 | 1.91 | 1.58 | 1.58 |
| EPS fr Continuing Ops. | 2.07 | 1.90 | 1.60 | 1.47 |
| EPS fr Discontinued Ops | 0.00 | 0.03 | 0.01 | 0.00 |
| EPS fr Total Ops. | 2.07 | 1.93 | 1.61 | 1.47 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | 2.07 | 1.93 | 1.61 | 1.47 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
2.06 | 1.90 | 1.58 | 1.57 |
| Dividends Paid per Share | 1.00 | 0.40 | 0.16 | 0.16 |