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Consolidated income statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement [line items]        
Net sales to third parties from continuing operations $ 11,347 $ 11,764 $ 23,630 $ 22,870
Sales to discontinued operations       53
Net sales from continuing operations 11,347 11,764 23,630 22,923
Other revenues 275 260 700 556
Cost of goods sold (3,429) (3,406) (7,151) (6,657)
Gross profit from continuing operations 8,193 8,618 17,179 16,822
Selling, general and administration (3,368) (3,585) (6,854) (6,915)
Research and Development (2,441) (2,051) (4,501) (4,350)
Other income 432 989 693 1,192
Other expense (464) (1,308) (1,421) (1,844)
Operating income from continuing operations 2,352 2,663 5,096 4,905
Income from associated companies 183 176 306 256
Interest expense (220) (205) (459) (431)
Other financial income and expense (27) 0 (34) 44
Income before taxes from continuing operations 2,288 2,634 4,909 4,774
Taxes (421) (525) (869) (797)
Net income from continuing operations 1,867 2,109 4,040 3,977
Net income/loss from discontinued operations before gain on distribution       (101)
Gain on distribution   4,691   4,691
Net income/loss from discontinued operations   4,691   4,590
Net income 1,867 6,800 4,040 8,567
Attributable to        
Shareholders of Novartis AG 1,867 6,799 4,043 8,565
Non-controlling interests $ 0 $ 1 $ (3) $ 2
Basic earnings per share [abstract]        
Weighted average number of shares outstanding used in the basic earnings per share 2,289 2,310 2,281 2,312
Basic earnings per share, Continuing operations [1] $ 0.82 $ 0.91 $ 1.77 $ 1.72
Basic earnings per share, Discontinued operations [1]   2.03   1.98
Basic earnings per share [1] $ 0.82 $ 2.94 $ 1.77 $ 3.70
Diluted earnings per share [abstract]        
Weighted average number of shares in diluted earnings per share 2,304 2,333 2,299 2,336
Diluted earnings per share, Continuing operations [1] $ 0.81 $ 0.90 $ 1.76 $ 1.70
Diluted earnings per share, Discontinued operations [1]   2.01   1.96
Diluted earnings per share [1] $ 0.81 $ 2.91 $ 1.76 $ 3.66
[1] Earnings per share (EPS) is calculated on the amount of net income attributable to shareholders of Novartis AG.