|
|
|
|
|
|
Year ended December 31
|
(millions except per share data)
|
1997 |
1996 |
1995 |
|
Total revenues |
$12,504 |
$11,306 |
$10,021 |
Income from continuing operations before provision for taxes on income and minority interests |
3,088 |
2,804 |
2,299 |
Provision for taxes on income |
865 |
869 |
738 |
Net income |
2,213 |
1,929 |
1,573 |
|
Research and development expenses |
1,928 |
1,684 |
1,442 |
Property, plant and equipment additions |
943 |
774 |
696 |
Cash dividends paid |
881 |
771 |
659 |
|
Diluted earnings per common share |
1.70 |
1.50 |
1.25 |
|
Cash dividends paid per common share |
.68 |
.60 |
.52 |
Shareholders equity per common share |
6.30 |
5.54 |
4.45 |
Weighted average shares diluted |
1,303 |
1,288 |
1,259 |
|
(thousands) Number of shareholders |
87 |
65 |
63 |
Number of employees |
49 |
47 |
44 |
|
All historical share and per share data throughout this report have been restated to reflect the 1997 two-for-one stock split in the form of a 100 percent stock dividend. In addition, earnings per common share and weighted average shares reflect the adoption of Statement of Financial Accounting Standards No. 128, Earnings per Share. |
|