Quarterly Financial Information

12 Months Ended

Sep. 30, 2018

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)



	First Quarter			Second Quarter		Third Quarter		Fourth Quarter		Full Year
	2017		2018	2017	2018	2017	2018	2017	2018	2017	2018
Net sales	$	3,216	3,816	3,574	4,248	4,039	4,456	4,435	4,888	15,264	17,408
Gross profit	$	1,365	1,621	1,557	1,825	1,678	1,949	1,804	2,065	6,404	7,460

Earnings from continuing operations common stockholders	$	364	392	376	482	407	712	496	617	1,643	2,203

Net earnings common stockholders	$	309	392	292	482	413	712	504	617	1,518	2,203

Earnings per common share from continuing operations:
Basic	$	0.56	0.61	0.58	0.76	0.63	1.13	0.77	0.98	2.54	3.48
Diluted	$	0.56	0.61	0.58	0.76	0.63	1.12	0.77	0.97	2.54	3.46

Net earnings per common share:
Basic	$	0.48	0.61	0.45	0.76	0.64	1.13	0.78	0.98	2.35	3.48
Diluted	$	0.48	0.61	0.45	0.76	0.64	1.12	0.78	0.97	2.35	3.46

Dividends per common share	$	0.48	0.485	0.48	0.485	0.48	0.485	0.48	0.485	1.92	1.94

Earnings per share are computed independently each period; as a result, the quarterly amounts may not sum to the calculated annual figure.

Emerson Electric Co. common stock (symbol EMR) is listed on the New York Stock Exchange and the Chicago Stock Exchange.

Earnings from continuing operations and diluted earnings per share include an income tax benefit of $43 ($0.07 per share) and $150 ($0.24 per share) in the first quarter and third quarter of 2018, respectively, from the impacts of U.S. tax reform. The full-year impact for fiscal 2018 was an income tax benefit of $189 ($0.30 per share). See Note 14.