QUARTERLY RESULTS (UNAUDITED)

12 Months Ended

Dec. 31, 2012

QUARTERLY RESULTS (UNAUDITED)

Note 13—QUARTERLY RESULTS (UNAUDITED)

The following tables contain selected unaudited statement of operations information for each quarter of 2012 and 2011. The following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period. Our business is affected by seasonality, which historically has resulted in higher sales volume during our fourth quarter. Unaudited quarterly results are as follows (in millions, except per share data):

	Year Ended December 31, 2012 (1)
	Fourth Quarter		Third Quarter			Second Quarter		First Quarter
Net sales	$	21,268	$	13,806		$	12,834	$	13,185
Income (loss) before income taxes		337		(22	)		146		84
Provision for income taxes		194		83			109		43
Net income (loss)		97		(274	)		7		130
Basic earnings per share	$	0.21	$	(0.60	)	$	0.02	$	0.29
Diluted earnings per share	$	0.21	$	(0.60	)	$	0.01	$	0.28
Shares used in computation of earnings per share:
Basic		454		452			451		453
Diluted		461		452			458		460

	Year Ended December 31, 2011 (1)
	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
Net sales	$	17,431	$	10,876	$	9,913	$	9,857
Income before income taxes		273		130		225		307
Provision for income taxes		86		67		49		89
Net income		177		63		191		201
Basic earnings per share	$	0.39	$	0.14	$	0.42	$	0.44
Diluted earnings per share	$	0.38	$	0.14	$	0.41	$	0.44
Shares used in computation of earnings per share:
Basic		455		454		453		451
Diluted		462		461		460		459

(1) The sum of quarterly amounts, including per share amounts, may not equal amounts reported for year-to-date periods. This is due to the effects of rounding and changes in the number of weighted-average shares outstanding for each period.