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Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 8,595 $ 9,706 $ 17,767 $ 19,834
Other income, net 283 408 481 425
Total 8,878 10,114 18,248 20,259
Cost of goods sold 5,280 5,999 10,833 11,999
Other operating charges 349 300 632 586
Selling, general and administrative expenses 1,371 1,473 2,683 2,909
Research and development expense 515 545 1,014 1,063
Interest expense 127 [1] 94 211 197
Employee separation / asset related charges, net 61 263 99 263
Total 7,703 8,674 15,472 17,017
Income before income taxes 1,175 1,440 2,776 3,242
Provision for income taxes 230 366 796 723
Net income 945 1,074 1,980 2,519
Less: Net income attributable to noncontrolling interests 5 4 9 10
Net income attributable to DuPont $ 940 $ 1,070 $ 1,971 $ 2,509
Basic earnings per share of common stock $ 1.04 $ 1.16 $ 2.17 $ 2.72
Diluted earnings per share of common stock 1.03 1.15 2.15 2.70
Dividends per share of common stock $ 0.49 $ 0.45 $ 0.96 $ 0.90
[1] Included 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.