In: Accounting
thank you for your assistance with a vertical analysis of statements of earnings
Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions |
12 Months Ended |
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Oct. 31, 2018 |
Oct. 31, 2017 |
Oct. 31, 2016 |
|
Net revenue |
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Net revenue |
$ 58,472 |
$ 52,056 |
$ 48,238 |
Costs and expenses: |
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Cost of revenue |
47,803 |
42,478 |
39,240 |
Research and development |
1,404 |
1,190 |
1,209 |
Selling, general and administrative |
4,859 |
4,376 |
3,833 |
Restructuring and other charges |
132 |
362 |
205 |
Acquisition-related charges |
123 |
125 |
7 |
Amortization of intangible assets |
80 |
1 |
16 |
Defined benefit plan settlement charges |
7 |
5 |
179 |
Total costs and expenses |
54,408 |
48,537 |
44,689 |
Earnings from continuing operations |
4,064 |
3,519 |
3,549 |
Interest and other, net |
(1,051) |
(243) |
212 |
Earnings from continuing operations before taxes |
3,013 |
3,276 |
3,761 |
Benefit from (provision for) taxes |
2,314 |
(750) |
(1,095) |
Net earnings from continuing operations |
5,327 |
2,526 |
2,666 |
Net loss from discontinued operations |
0 |
0 |
(170) |
Net earnings |
$ 5,327 |
$ 2,526 |
$ 2,496 |
Basic |
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Continuing operations (in dollars per share) |
$ 3.30 |
$ 1.50 |
$ 1.54 |
Discontinued operations (in dollars per share) |
0 |
0 |
(0.10) |
Total basic net earnings per share (in dollars per share) |
3.30 |
1.50 |
1.44 |
Diluted |
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Continuing operations (in dollars per share) |
3.26 |
1.48 |
1.53 |
Discontinued operations (in dollars per share) |
0 |
0 |
(0.10) |
Total diluted net earnings per share (in dollars per share) |
$ 3.26 |
$ 1.48 |
$ 1.43 |
Weighted-average shares used to compute net earnings per share: |
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Basic (in shares) |
1,615 |
1,688 |
1,730 |
Diluted (in shares) |
1,634 |
1,702 |
1,743 |