Note 15 — Quarterly Results (Unaudited)
(in millions except per share data)
| |
2013 | 2012 | |||||
|---|---|---|---|---|---|---|---|
|
First Quarter |
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|
Continuing Operations: |
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|
Net Sales |
$ | 5,378 | $ | 5,284 | |||
|
Gross Profit |
2,747 | 2,716 | |||||
|
Earnings from Continuing Operations |
545 | 351 | |||||
|
Basic Earnings per Common Share |
0.35 | 0.22 | |||||
|
Diluted Earnings per Common Share |
0.34 | 0.22 | |||||
|
Net Earnings |
545 | 1,242 | |||||
|
Basic Earnings Per Common Share (a) |
0.35 | 0.79 | |||||
|
Diluted Earnings Per Common Share (a) |
0.34 | 0.78 | |||||
|
Market Price Per Share-High (b) |
35.34 | 29.42 | |||||
|
Market Price Per Share-Low (b) |
31.64 | 25.82 | |||||
|
Second Quarter |
|||||||
|
Continuing Operations: |
|||||||
|
Net Sales |
$ | 5,446 | $ | 5,313 | |||
|
Gross Profit |
2,704 | 2,748 | |||||
|
Earnings from Continuing Operations |
476 | 411 | |||||
|
Basic Earnings per Common Share |
0.30 | 0.26 | |||||
|
Diluted Earnings per Common Share |
0.30 | 0.26 | |||||
|
Net Earnings |
476 | 1,725 | |||||
|
Basic Earnings Per Common Share (a) |
0.30 | 1.09 | |||||
|
Diluted Earnings Per Common Share (a) |
0.30 | 1.08 | |||||
|
Market Price Per Share-High (b) |
38.77 | 30.85 | |||||
|
Market Price Per Share-Low (b) |
34.69 | 28.25 | |||||
|
Third Quarter |
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|
Continuing Operations: |
|||||||
|
Net Sales |
$ | 5,369 | $ | 5,265 | |||
|
Gross Profit |
2,722 | 2,581 | |||||
|
Earnings from Continuing Operations |
773 | 339 | |||||
|
Basic Earnings per Common Share |
0.50 | 0.21 | |||||
|
Diluted Earnings per Common Share |
0.49 | 0.21 | |||||
|
Net Earnings |
966 | 1,943 | |||||
|
Basic Earnings Per Common Share (a) |
0.62 | 1.22 | |||||
|
Diluted Earnings Per Common Share (a) |
0.61 | 1.21 | |||||
|
Market Price Per Share-High (b) |
37.16 | 33.69 | |||||
|
Market Price Per Share-Low (b) |
32.70 | 30.39 | |||||
|
Fourth Quarter |
|||||||
|
Continuing Operations: |
|||||||
|
Net Sales |
$ | 5,655 | $ | 5,632 | |||
|
Gross Profit |
2,844 | 2,837 | |||||
|
Earnings (loss) from Continuing Operations |
589 | (522 | ) | ||||
|
Basic Earnings per Common Share |
0.38 | (0.33 | ) | ||||
|
Diluted Earnings per Common Share |
0.37 | (0.33 | ) | ||||
|
Net Earnings |
589 | 1,053 | |||||
|
Basic Earnings Per Common Share (a) |
0.38 | 0.66 | |||||
|
Diluted Earnings Per Common Share (a) |
0.37 | 0.66 | |||||
|
Market Price Per Share-High (b) |
38.81 | 34.67 | |||||
|
Market Price Per Share-Low (b) |
32.75 | 29.96 | |||||