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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net Sales $ 3,956 $ 3,396
Cost of Goods Sold 2,269 2,211
Research and Development Expense 280 299
Selling, General and Administrative Expenses 757 735
Amortization of Intangible Assets 163 101
Restructuring and Asset Related Charges - Net 70 61
Integration and Separation Costs 0 212
Other income - net 1 31
Interest Expense 10 59 [1]
Income (loss) from continuing operations before income taxes 408 (251) [1]
Provision for (benefit from) income taxes on continuing operations 127 (67) [1]
Income (loss) from continuing operations after income taxes 281 (184) [1]
Income from discontinued operations after income taxes 1 360
Net income 282 176
Net income attributable to noncontrolling interests 10 12
Net income attributable to company $ 272 $ 164
Basic earnings (loss) per share of common stock from continuing operations $ 0.36 $ (0.26)
Basic earnings per share of common stock from discontinued operations 0 0.48
Basic earnings per share of common stock 0.36 0.22
Diluted earnings (loss) per share of common stock from continuing operations 0.36 (0.26)
Diluted earnings per share of common stock from discontinued operations 0 0.48
Diluted earnings per share of common stock $ 0.36 $ 0.22
EID [Member]    
Net Sales $ 3,956 $ 3,396
Cost of Goods Sold 2,269 2,211
Research and Development Expense 280 299
Selling, General and Administrative Expenses 757 735
Amortization of Intangible Assets 163 101
Restructuring and Asset Related Charges - Net 70 61
Integration and Separation Costs 0 212
Other income - net 1 31
Interest Expense 42 59
Income (loss) from continuing operations before income taxes 376 (251)
Provision for (benefit from) income taxes on continuing operations 119 (67)
Income (loss) from continuing operations after income taxes 257 (184)
Income from discontinued operations after income taxes 1 360
Net income 258 176
Net income attributable to noncontrolling interests 8 10
Net income attributable to company $ 250 $ 166
[1]
Period is presented on a pro forma basis, prepared in accordance with Article 11 of Regulation S-X.