Fiscal year is January-December.

All values USD

Millions.

2014

2013

2012

Sales/Revenue

4,605

4,682

4,987

-1.66%

-6.10%

0.05%

Sales Growth
Cost of Goods Sold (COGS) incl. D&A

2011

2010

4,984 6,325
-21.19%

1,365

1,394

1,656

1,536 2,659

COGS excluding D&A

758

765

1,002

888 1,977

Depreciation & Amortization Expense

607

629

655

648

683

Depreciation

475

532

549

531

555

Amortization of Intangibles

132

97

105

118

127

-2.09%

-15.83%

7.82%

-42.23%

3,240

3,288

3,330

Gross Income Growth

-1.47%

-1.26%

-3.42%

-5.93%

Gross Profit Margin

70.36%

COGS Growth
Gross Income

SG&A Expense

3,448 3,665

3,021

2,709

2,528

2,623 2,835

Research & Development

1,207

1,008

886

1,005 1,082

Other SG&A

1,814

1,700

1,642

1,618 1,753

SGA Growth

11.53%

7.17%

-3.64%

-7.47%

Unusual Expense

128

79

240

24

58

10,464

90

4,610

275

Non-Operating Interest Income

26

58

42

19

23

Interest Expense

69

14

380.84%

0.00%

69

14

Non Operating Income/Expense

Interest Expense Growth

Gross Interest Expense
Pretax Income

10,512

633

5,214

228.29%

Income Tax

4,038

153

1,940

242

222

Equity in Affiliates

1,058

897

676

477

396

Consolidated Net Income

7,532

1,377

3,951

Pretax Margin

Minority Interest Expense

Net Income

10

10

7,522

1,366

3,945

Net Income Growth

450.53%

Net Margin

-65.37% 276.18%

828 1,070

1,063 1,244
14

13

1,049 1,231
-14.83%

163.34%

Net Income After Extraordinaries

7,522

1,366

3,945

1,049 1,231

Net Income Available to Common

7,522

1,366

3,945

1,049 1,231

7.45

1.26

3.28

0.82

0.9

-61.52% 301.54%

-9.40%

EPS (Basic)
EPS (Basic) Growth

490.88%

Basic Shares Outstanding

988

1,053

1,193

EPS (Diluted)

7.45

1.26

3.28

0.82

0.9

-61.53% 301.54%

-9.39%

EPS (Diluted) Growth

Diluted Shares Outstanding
EBITDA

490.90%

1,274 1,354

1,004

1,071

1,203

1,282 1,365

825

1,208

1,457

1,473 1,513

Fiscal year is January-December. All values USD Millions.

Cash & Short Term Investments

2014

2013

2012

2011

2010

8,118

3,408

4,184

2,056

2,884

Cash Only

2,668

2,078

2,668

1,345

1,101

Short-Term Investments

5,450

1,330

1,516

710

1,783

-18.55% 103.54%

-28.73%

Cash & Short Term Investments Growth

Cash & ST Investments / Total Assets

138.21%
13.10%

20.28%

24.46%

1,116

1,017

1,050

1,043

1,100

1,033

980

1,008

1,037

1,029

1,073

1,015

1,041

1,068

1,052

-40

-36

-33

-30

-23

83

37

42

71

9.76%

-3.16%

0.71%

-5.22%

4.13

4.6

4.75

4.78

5.75

Other Current Assets

465

601

419

354

361

Prepaid Expenses

132

103

74

82

62

Miscellaneous Current Assets

333

498

344

272

299

Total Current Assets

9,699

5,026

5,653

3,453

4,346

Net Property, Plant & Equipment

1,488

1,489

1,686

1,731

1,653

Total Accounts Receivable

Accounts Receivables, Net
Accounts Receivables, Gross
Bad Debt/Doubtful Accounts
Other Receivables
Accounts Receivable Growth
Accounts Receivable Turnover
Inventories

Property, Plant & Equipment - Gross

13.91% 19.32%

3,906

3,612

3,951

3,403

2,551

Buildings

781

698

640

611

480

Land & Improvements

216

214

214

218

208

766

37

2,498

1,513

2,003

2,015

1,392

411

421

1,057

558

470

Accumulated Depreciation

2,418

2,124

2,265

1,672

898

Total Investments and Advances

44,953

5,041

5,522

5,255

4,803

Leases
Computer Software and Equipment
Other Property, Plant & Equipment

LT Investment - Affiliate Companies

2,490

3,426

2,840

4,749

4,012

42,463

1,615

2,682

506

791

Intangible Assets

5,634

5,097

3,981

4,155

3,938

Net Goodwill

5,164

4,680

3,827

3,901

3,682

471

418

154

255

256

160

129

123

147

146

160

129

123

147

146

61,960

16,805

17,103

14,783

14,928

268.70%

-1.74%

15.70%

-0.97%

Other Long-Term Investments

Long-Term Note Receivable

Net Other Intangibles

Other Assets
Tangible Other Assets
Total Assets
Assets - Total - Growth
Asset Turnover

0.12

19.10%

2014

2013

2012

2011

2010

Short Term Debt

Current Portion of Long Term Debt

238

138

185

167

162

72.44%

-25.32%

10.95%

2.57%

Return On Average Assets

Liabilities & Shareholders' Equity

All values USD Millions.
ST Debt & Current Portion LT Debt

Accounts Payable
Accounts Payable Growth

Income Tax Payable

3,025

Other Current Liabilities

1,462

1,265

1,202

1,096

1,039

Accrued Payroll

374

343

338

331

368

Miscellaneous Current Liabilities

891

859

758

708

1,093

4,529

1,340

1,290

1,207

1,626

Current Ratio

2.14

3.75

4.38

2.86

2.67

Quick Ratio

2.14

3.75

4.38

2.86

2.67

Cash Ratio

1.79

2.54

3.24

1.7

1.77

Long-Term Debt

1,217

1,155

28

41

40

1,170

1,111

Total Current Liabilities

Long-Term Debt excl. Capitalized Leases

Capitalized Lease Obligations
Provision for Risks & Charges
Deferred Taxes
Deferred Taxes - Credit
Deferred Taxes - Debit
Other Liabilities

47

44

28

41

40

1,120

675

408

308

16,166

149

-128

365

156

16,192

172

11

408

199

26

23

139

42

43

117

332

1,168

138

159

Other Liabilities (excl. Deferred Income)

96

73

761

94

103

Deferred Income

21

259

408

44

56

23,175

3,674

2,498

2,201

2,332

37.40%

21.86%

14.60%

38,742

13,075

14,560

12,541

12,558

Total Liabilities
Non-Equity Reserves
Total Liabilities / Total Assets
Preferred Stock (Carrying Value)
Common Equity (Total)
Common Stock Par/Carry Value

14.89% 15.62%

Additional Paid-In Capital/Capital Surplus

8,497

8,688

9,563

9,826

10,110

Retained Earnings

8,937

4,267

5,792

2,432

1,943

-67

302

562

705

496

22,086

15

-8

-712

-200

-1,368

-416

62.53%

77.80%

85.13%

38,742

13,075

14,560

62.53%

77.80%

85.13%

44

56

45

40

38

Total Equity

38,786

13,131

14,606

12,581

12,596

Liabilities & Shareholders' Equity

61,960

16,805

17,103

14,783

14,928

Cumulative Translation Adjustment/Unrealized For. Exch. Gain

Unrealized Gain/Loss Marketable Securities
Other Appropriated Reserves
Treasury Stock
Common Equity / Total Assets
Total Shareholders' Equity
Total Shareholders' Equity / Total Assets
Accumulated Minority Interest

84.84% 84.12%
12,541

12,558

84.84% 84.12%

Operating Activities
Fiscal year is January-December. All values USD
Millions.

2014

2013

2012

2011

2010

Net Income before Extraordinaries

7,532

1,377

3,951

1,063

1,245

447.17%

-65.16%

271.76%

-14.62%

Net Income Growth

Depreciation, Depletion & Amortization

607

629

655

648

683

Depreciation and Depletion

475

532

549

531

555

Amortization of Intangible Assets

132

97

105

118

127

466

-84

-769

70

113

-10,893

-523

-4,964

-229

-423

-2,288

1,398

-1,129

1,552

1,617

3,185

-203

847

-228

-376

Receivables

29

26

35

38

-31

Accounts Payable

14

-8

13

24

3,282

133

-99

256

-290

-75

Other Assets/Liabilities

-274

-123

544

24

-294

Net Operating Cash Flow

897

1,195

-282

1,324

1,240

-24.98%

524.52%

-121.27%

6.74%

All values USD Millions.

2014

2013

2012

2011

2010

Capital Expenditures

-375

-341

-509

-605

-736

Capital Expenditures (Fixed Assets)

-372

-338

-506

-593

-714

Capital Expenditures (Other Assets)

-3

-3

-4

-12

-21

-10.03%

33.12%

15.83%

17.73%

-859

-1,248

-6

-324

-157

325

Purchase/Sale of Investments

-4,749

1,198

3,877

1,138

1,097

Purchase of Investments

-7,964

-3,223

-3,520

3,215

4,421

7,397

2,846

3,600

-5

-25

-7

-19

345

392

Deferred Taxes & Investment Tax Credit

Other Funds
Funds from Operations
Changes in Working Capital

Income Taxes Payable

Other Accruals

Net Operating Cash Flow Growth

Investing Activities

Capital Expenditures Growth

Net Assets from Acquisitions
Sale of Fixed Assets & Businesses

Sale/Maturity of Investments
Other Uses
Other Sources

-1,709 -2,503

Net Investing Cash Flow

3,762

-23

3,362

202

510

16300.72%

-100.69%

1561.40%

-60.31%

2014

2013

2012

2011

2010

Common Dividends

Preferred Dividends

-3,855

-2,866

-1,949

-1,463 -1,582

-4,163

-3,344

-2,168

-1,619 -1,749

Sale of Common & Preferred Stock

308

478

218

156

167

Proceeds from Stock Options

308

353

218

156

167

125

Change in Current Debt

Change in Long-Term Debt

Issuance of Long-Term Debt

150

Reduction in Long-Term Debt

-150

-167

1,122

-30

80

-317

-354

-66

-64

-51

150

1,477

36

71

131

-4,022

-1,744

-1,979

-130.66%

11.90%

-35.96%

3.05%

Exchange Rate Effect

-46

-18

-34

Miscellaneous Funds

Net Change in Cash

590

-590

1,105

36

251

Free Cash Flow

525

857

-787

731

526

-38.80%

208.90%

-207.74%

38.85%

1.03%

Net Investing Cash Flow Growth

Financing Activities
All values USD Millions.
Cash Dividends Paid - Total

Change in Capital Stock

Repurchase of Common & Preferred Stk.

Other Proceeds from Sale of Stock

Issuance/Reduction of Debt, Net

Other Funds
Other Uses
Other Sources
Net Financing Cash Flow
Net Financing Cash Flow Growth

Free Cash Flow Growth

Free Cash Flow Yield

-1,456 -1,502