XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 7,061 $ 7,121 $ 14,466 $ 14,958
Cost of goods sold 3,990 4,103 8,232 8,619
Other operating charges 143 174 328 322
Selling, general and administrative expenses 1,211 1,274 2,339 2,494
Research and development expense 432 495 850 974
Other income, net (51) (255) (423) (454)
Interest expense 93 94 [1] 185 178
Employee separation / asset related charges, net (90) 2 (13) 40
Income from continuing operations before income taxes 1,333 1,234 2,968 2,785
Provision for income taxes on continuing operations 306 260 712 790
Income from continuing operations after income taxes 1,027 974 2,256 1,995
Loss from discontinued operations after income taxes (3) (29) 0 (15)
Net income 1,024 945 2,256 1,980
Less: Net income attributable to noncontrolling interests 4 5 10 9
Net income attributable to DuPont $ 1,020 $ 940 $ 2,246 $ 1,971
Basic earnings per share of common stock from continuing operations $ 1.17 $ 1.07 $ 2.56 $ 2.19
Basic loss per share of common stock from discontinued operations 0.00 (0.03) 0.00 (0.02)
Basic earnings per share of common stock 1.16 1.04 2.56 2.17
Diluted earnings per share of common stock from continuing operations 1.16 1.06 2.55 2.17
Diluted loss per share of common stock from discontinued operations 0.00 (0.03) 0.00 (0.02)
Diluted earnings per share of common stock 1.16 1.03 2.55 2.15
Dividends per share of common stock $ 0.38 $ 0.49 $ 0.76 $ 0.96
[1] Includes transaction costs of $(20) in the three months ended June 30, 2015, associated with the early retirement of debt exchanged for the notes received from Chemours in May 2015. These costs were recorded in interest expense in the company's interim Consolidated Income Statements. See Note 3 for additional information.