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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CONSOLIDATED STATEMENTS OF INCOME      
Net revenues $ 21,903 $ 19,652 $ 20,272
Cost of sales 10,044 8,296 9,216
Gross profit 11,859 11,356 11,056
Research and development expenses 2,111 1,525 1,488
Selling and marketing expenses 3,860 3,478 3,861
General and administrative expenses 1,236 1,239 1,217
Impairments restructuring and others 699 1,131 650
Legal Settlements And Loss Contingencies 899 631 (111)
Goodwill Impairment Charge 900 0 0
Operating income 2,154 3,352 3,951
Financial expenses - net 1,330 1,000 313
Income before income taxes 824 2,352 3,638
Income taxes 521 634 591
Share in (profits) losses of associated companies net (8) 121 5
Net income 311 1,597 3,042
Net income (loss) attributable to non-controlling interests (18) 9 (13)
Net income attributable to Teva 329 1,588 3,055
Accrued dividends on preferred shares 261 15 0
Net income attributable to ordinary shareholders $ 68 $ 1,573 $ 3,055
Weighted average number of shares (in millions):      
Basic 955 855 853
Diluted 961 864 858
Earnings per share attributable to ordinary shareholders:      
Basic $ 0.07 $ 1.84 $ 3.58
Diluted $ 0.07 $ 1.82 $ 3.56