[an error occurred while processing this directive] P&G 2009 AR – Audited Statements of Earnings: Income, Share, Net
[an error occurred while processing this directive] [an error occurred while processing this directive]

Consolidated Statements of Earnings

Amounts in millions except per share amounts; Years ended June 30 2009 2008 2007
NET SALES $79,029 $81,748 $74,832
Cost of products sold 38,898 39,536 35,659
Selling, general and administrative expense 24,008 25,575 24,170
OPERATING INCOME 16,123 16,637 15,003
Interest expense 1,358 1,467 1,304
Other non-operating income, net 560 462 565
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 15,325 15,632 14,264
Income taxes on continuing operations 4,032 3,834 4,201
NET EARNINGS FROM CONTINUING OPERATIONS 11,293 11,798 10,063
NET EARNINGS FROM DISCONTINUED OPERATIONS 2,143 277 277
NET EARNINGS $13,436 $12,075 $10,340
BASIC NET EARNINGS PER COMMON SHARE:      
Earnings from continuing operations $ 3.76 $ 3.77 $ 3.13
Earnings from discontinued operations 0.73 0.09 0.09
BASIC NET EARNINGS PER COMMON SHARE 4.49 3.86 3.22
DILUTED NET EARNINGS PER COMMON SHARE:      
Earnings from continuing operations 3.58 3.56 2.96
Earnings from discontinued operations 0.68 0.08 0.08
DILUTED NET EARNINGS PER COMMON SHARE 4.26 3.64 3.04
DIVIDENDS PER COMMON SHARE $ 1.64 $ 1.45 $ 1.28

See accompanying Notes to Consolidated Financial Statements.

[an error occurred while processing this directive] [an error occurred while processing this directive]
 
[an error occurred while processing this directive]
Our Billion-Dollar and Half-Billion-Dollar Brands:: Discover
Back to top