Financial Summary (All financials)
In millions, except per share items | Sep-25-15 | Sep-26-14 | Sep-27-13 | Sep-28-12 | Sep-30-11 | Sep-24-10 |
Revenues | 3,574 | 3,408 | 3,309 | 3,228 | 3,110 | 2,591 |
Revenue growth | 4.9% | 3.0% | 2.5% | 3.8% | 20.0% | |
Cost of goods sold | 1,575 | 1,457 | 1,378 | 1,374 | 1,341 | 1,065 |
Gross profit | 1,999 | 1,951 | 1,931 | 1,854 | 1,769 | 1,526 |
Gross margin | 55.9% | 57.2% | 58.4% | 57.4% | 56.9% | 58.9% |
Selling, general and administrative | 1,305 | 1,231 | 1,173 | 1,125 | 1,076 | 1,022 |
EBITA | 1,256 | 1,265 | 1,327 | 1,275 | 1,211 | 504 |
EBITA margin | 35.1% | 37.1% | 40.1% | 39.5% | 38.9% | 19.5% |
Amortization of intangibles | 617 | 589 | 569 | 546 | 518 | |
EBIT | 639 | 676 | 758 | 729 | 693 | 504 |
EBIT margin | 17.9% | 19.8% | 22.9% | 22.6% | 22.3% | 19.5% |
Pre-tax income | 437 | 432 | 642 | 630 | 604 | 398 |
Income taxes | 141 | 128 | 221 | 236 | 228 | 159 |
Tax rate | 32.3% | 29.6% | 34.4% | 37.5% | 37.7% | 39.9% |
Net income | 296 | 304 | 421 | 394 | 376 | 239 |
Net margin | 8.3% | 8.9% | 12.7% | 12.2% | 12.1% | 9.2% |
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Diluted EPS | $1.72 | $1.66 | $1.88 | $1.67 | $1.59 | $1.01 |
Shares outstanding (diluted) | 172 | 183 | 224 | 236 | 236 | 236 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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