Quarterly Financial Information

12 Months Ended

Sep. 30, 2019

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)



	First Quarter			Second Quarter		Third Quarter		Fourth Quarter		Full Year
	2018		2019	2018	2019	2018	2019	2018	2019	2018	2019
Net sales	$	3,816	4,147	4,248	4,570	4,456	4,684	4,888	4,971	17,408	18,372
Gross profit	$	1,614	1,761	1,817	1,925	1,942	2,001	2,059	2,128	7,432	7,815

Net earnings common stockholders	$	392	465	482	520	712	604	617	717	2,203	2,306

Net earnings per common share:
Basic	$	0.61	0.74	0.76	0.85	1.13	0.98	0.98	1.17	3.48	3.74
Diluted	$	0.61	0.74	0.76	0.84	1.12	0.97	0.97	1.16	3.46	3.71

Dividends per common share	$	0.485	0.49	0.485	0.49	0.485	0.49	0.485	0.49	1.94	1.96

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 included 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.