Financial Summary (Unaudited)

Amounts in millions, except per share amounts 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Net Sales $83,503 $76,476 $68,222 $56,741 $51,407 $43,377 $40,238 $39,244 $39,951 $38,125 $37,154
Gross Margin 42,808 39,790 35,097 28,869 26,264 21,155 19,159 17,071 18,395 16,901 16,019
Operating Income 17,083 15,450 13,249 10,469 9,382 7,312 6,073 4,260 5,678 6,130 5,581
Net Earnings 12,075 10,340 8,684 6,923 6,156 4,788 3,910 2,612 3,363 3,683 3,472
Net Earnings Margin 14.5% 13.5% 12.7% 12.2% 12.0% 11.0% 9.7% 6.7% 8.4% 9.7% 9.3%
Basic Net Earnings per Common Share $3.86 $3.22 $2.79 $2.70 $2.34 $1.80 $1.46 $0.96 $1.24 $1.35 $1.25
Diluted Net Earnings per Common Share 3.64 3.04 2.64 2.53 2.20 1.70 1.39 0.92 1.17 1.27 1.18
Dividends Per Common Share 1.45 1.28 1.15 1.03 0.93 0.82 0.76 0.70 0.64 0.57 0.51
Restructuring Program Charges(1) $ — $ — $ — $ — $ — $751 $958 $1,850 $814 $481 $ —
Research and Development Expense 2,226 2,112 2,075 1,940 1,802 1,665 1,601 1,769 1,899 1,726 1,546
Advertising Expense 8,667 7,937 7,122 5,929 5,466 4,487 3,782 3,729 3,906 3,542 3,638
Total Assets 143,992 138,014 135,695 61,527 57,048 43,706 40,776 34,387 34,366 32,192 31,042
Capital Expenditures 3,046 2,945 2,667 2,181 2,024 1,482 1,679 2,486 3,018 2,828 2,559
Long-Term Debt 23,581 23,375 35,976 12,887 12,554 11,475 11,201 9,792 9,012 6,265 5,774
Shareholders’ Equity 69,494 66,760 62,908 18,475 18,190 17,025 14,415 12,560 12,673 12,352 12,493
(1) Restructuring program charges, on an after-tax basis, totaled $538, $706, $1,475, $688 and $285 for 2003, 2002, 2001, 2000 and 1999, respectively.
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