Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2023-02-08 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2022-03-26 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 4,306,000,000 | 4,163,000,000 | 3,635,000,000 | 4,070,000,000 | 3,891,000,000 | 3,922,000,000 | 3,468,000,000 | 3,805,000,000 | 3,789,000,000 | 3,353,000,000 | 3,803,000,000 | 3,622,000,000 | 3,554,000,000 | 3,078,000,000 | 3,391,000,000 | 3,250,000,000 | 3,140,000,000 | 2,902,000,000 | 3,121,000,000 | 3,020,000,000 | 2,864,000,000 | 2,613,000,000 | -7,016,000,000 | 2,870,000,000 | 2,812,000,000 | 2,504,000,000 | 2,813,000,000 | 2,732,000,000 | 1,886,000,000 | 1,594,000,000 | 1,643,000,000 | 1,740,000,000 | 1,797,000,000 | 1,510,000,000 | 1,578,000,000 | 1,680,000,000 | 1,695,000,000 | 1,487,000,000 | 1,546,000,000 | 1,630,000,000 | 1,655,000,000 | 1,451,000,000 | 1,583,000,000 | 1,631,000,000 | 1,398,000,000 | 1,543,000,000 | 1,611,000,000 | 1,380,000,000 | 1,484,000,000 | 1,528,000,000 | 1,621,000,000 | 1,362,000,000 | 1,529,000,000 | 1,582,000,000 | 1,331,000,000 | 1,457,000,000 | 1,519,000,000 | 1,248,000,000 | 1,356,000,000 | 1,434,000,000 | 1,481,000,000 | 1,260,000,000 | 1,341,000,000 | 1,505,000,000 | 1,557,000,000 | 1,307,000,000 | ||||
cost of sales | 1,966,000,000 | 1,908,000,000 | 1,650,000,000 | 1,793,000,000 | 1,751,000,000 | 1,750,000,000 | 1,528,000,000 | 1,694,000,000 | 1,748,000,000 | 1,609,000,000 | 1,807,000,000 | 1,721,000,000 | 1,778,000,000 | 1,428,000,000 | 1,619,000,000 | 1,415,000,000 | 1,370,000,000 | 1,302,000,000 | 1,353,000,000 | 1,316,000,000 | 1,302,000,000 | 1,161,000,000 | -2,894,000,000 | 1,245,000,000 | 1,186,000,000 | 1,106,000,000 | 1,255,000,000 | 1,371,000,000 | 790,000,000 | 681,000,000 | 663,000,000 | 707,000,000 | 718,000,000 | 607,000,000 | 627,000,000 | 683,000,000 | 670,000,000 | 602,000,000 | 610,000,000 | 673,000,000 | 674,000,000 | 602,000,000 | 658,000,000 | 665,000,000 | 554,000,000 | 650,000,000 | 676,000,000 | 590,000,000 | 605,000,000 | 626,000,000 | 685,000,000 | 584,000,000 | 672,000,000 | 662,000,000 | 547,000,000 | 600,000,000 | 593,000,000 | 496,000,000 | 528,000,000 | 579,000,000 | 596,000,000 | 531,000,000 | 587,000,000 | 720,000,000 | 706,000,000 | 577,000,000 | ||||
gross profit | 2,340,000,000 | 2,255,000,000 | 1,985,000,000 | 2,277,000,000 | 2,140,000,000 | 2,172,000,000 | 1,940,000,000 | 2,111,000,000 | 2,041,000,000 | 1,744,000,000 | 1,996,000,000 | 1,901,000,000 | 1,776,000,000 | 1,650,000,000 | 1,772,000,000 | 1,835,000,000 | 1,770,000,000 | 1,600,000,000 | 1,768,000,000 | 1,704,000,000 | 1,562,000,000 | 1,452,000,000 | -4,122,000,000 | 1,625,000,000 | 1,626,000,000 | 1,398,000,000 | 1,558,000,000 | 1,361,000,000 | 1,096,000,000 | 913,000,000 | 980,000,000 | 1,033,000,000 | 1,079,000,000 | 903,000,000 | 951,000,000 | 997,000,000 | 1,025,000,000 | 885,000,000 | 936,000,000 | 957,000,000 | 981,000,000 | 849,000,000 | 925,000,000 | 966,000,000 | 844,000,000 | 893,000,000 | 935,000,000 | 790,000,000 | 879,000,000 | 902,000,000 | 936,000,000 | 778,000,000 | 857,000,000 | 920,000,000 | 784,000,000 | 857,000,000 | 926,000,000 | 752,000,000 | 828,000,000 | 855,000,000 | 885,000,000 | 729,000,000 | 754,000,000 | 785,000,000 | 851,000,000 | 730,000,000 | ||||
yoy | 9.35% | 3.82% | 2.32% | 2.89% | -4.95% | 5.76% | 7.36% | -1.80% | 7.28% | -3.22% | -6.78% | 0.23% | 7.69% | 13.32% | 10.19% | -142.89% | 4.86% | -3.94% | 3.86% | -364.57% | 19.40% | 48.36% | 53.12% | 58.98% | 31.75% | 1.58% | 1.11% | 3.05% | 3.61% | 5.27% | 2.03% | 1.60% | 4.18% | 4.49% | 4.24% | 1.19% | -0.93% | 16.23% | -4.93% | -1.07% | 22.28% | -3.98% | -1.00% | -0.11% | 1.54% | 2.57% | -1.96% | 19.39% | -9.22% | -7.45% | 22.34% | -5.31% | 0.23% | 4.63% | 3.16% | 9.81% | 8.92% | 4.00% | -0.14% | |||||||||||
qoq | 3.77% | 13.60% | -12.82% | 6.40% | -1.47% | 11.96% | 3.43% | 17.03% | 5.00% | 7.04% | 7.64% | -3.43% | 3.67% | 10.62% | -9.50% | 3.76% | 9.09% | 7.58% | -135.23% | -353.66% | -0.06% | 16.31% | -10.27% | 14.47% | 24.18% | 20.04% | -6.84% | -5.13% | -4.26% | 19.49% | -5.05% | -4.61% | -2.73% | 15.82% | -5.45% | -2.19% | -2.45% | 15.55% | -8.22% | -4.24% | 14.45% | -5.49% | -4.49% | 18.35% | -10.13% | -2.55% | -3.63% | 20.31% | -9.22% | -6.85% | 17.35% | -8.52% | -7.45% | 23.14% | -9.18% | -3.16% | -3.39% | 21.40% | -3.32% | -3.95% | -7.76% | 16.58% | ||||||||
gross margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative expenses | 1,344,000,000 | 1,356,000,000 | 1,192,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating income | 1,000,000 | 1,000,000 | -8,000,000 | 199,000,000 | -7,000,000 | 16,000,000 | -1,000,000 | -4,000,000 | -5,000,000 | -70,000,000 | -35,000,000 | -66,000,000 | -3,000,000 | -1,000,000 | 1,000,000 | 2,000,000 | -42,000,000 | 8,250,000 | 33,000,000 | -11,000,000 | 12,000,000 | -8,000,000 | -15,000,000 | 1,000,000 | -21,000,000 | -2,000,000 | -28,000,000 | 1,000,000 | -3,000,000 | -1,000,000 | 500,000 | 2,000,000 | -3,000,000 | 2,000,000 | 4,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | -3,000,000 | 3,000,000 | 5,000,000 | 7,000,000 | 10,000,000 | -62,000,000 | ||||||||||||||||||||||||
income from operations | 995,000,000 | 898,000,000 | 801,000,000 | 63,000,000 | 902,000,000 | 861,000,000 | 765,000,000 | 896,000,000 | 769,000,000 | 584,000,000 | 673,000,000 | 394,000,000 | 572,000,000 | 966,000,000 | 725,000,000 | 795,000,000 | 734,000,000 | 640,000,000 | 700,000,000 | 753,000,000 | 561,000,000 | 466,000,000 | -1,436,000,000 | 580,000,000 | 587,000,000 | 498,000,000 | 547,000,000 | 344,000,000 | 362,000,000 | 259,000,000 | 363,000,000 | 367,000,000 | 373,000,000 | 285,000,000 | 335,000,000 | 373,000,000 | 412,000,000 | 313,000,000 | 322,000,000 | 337,000,000 | 369,000,000 | 270,000,000 | 316,000,000 | 348,000,000 | 260,000,000 | 300,000,000 | 285,000,000 | 197,000,000 | 292,000,000 | 308,000,000 | 300,000,000 | 192,000,000 | 261,000,000 | 290,000,000 | 202,000,000 | 260,000,000 | 310,000,000 | 187,000,000 | 251,000,000 | 272,000,000 | 297,000,000 | 265,000,000 | -836,000,000 | 213,000,000 | 269,000,000 | 186,000,000 | ||||
yoy | 10.31% | 4.30% | 4.71% | -3.91% | -0.52% | 33.14% | 95.18% | 2.10% | -45.66% | -28.05% | 31.61% | 3.57% | 5.58% | 30.84% | 37.34% | -148.75% | 29.83% | -4.43% | -6.43% | -362.52% | 68.60% | 62.15% | 92.28% | 50.69% | -6.27% | -2.95% | -9.12% | 8.36% | -1.61% | -9.47% | -8.95% | 4.04% | 10.68% | 11.65% | 15.93% | 1.90% | -3.16% | 41.92% | -10.00% | 10.88% | 76.65% | -10.96% | -2.60% | -5.00% | 2.60% | 11.88% | 6.21% | 48.51% | -26.15% | -15.81% | 55.08% | -19.52% | -4.41% | 4.38% | -29.43% | -130.02% | 27.70% | 10.41% | 42.47% | |||||||||||
qoq | 10.80% | 12.11% | 1171.43% | -93.02% | 4.76% | 12.55% | 16.51% | 31.68% | 70.81% | -31.12% | -40.79% | -8.81% | 8.31% | 14.69% | -8.57% | -7.04% | 34.22% | 20.39% | -132.45% | -347.59% | -1.19% | 17.87% | -8.96% | 59.01% | -4.97% | 39.77% | -28.65% | -1.09% | -1.61% | 30.88% | -14.93% | -10.19% | -9.47% | 31.63% | -2.80% | -4.45% | -8.67% | 36.67% | -14.56% | -9.20% | 33.85% | -13.33% | 5.26% | 44.67% | -32.53% | -5.19% | 2.67% | 56.25% | -26.44% | -10.00% | 43.56% | -22.31% | -16.13% | 65.78% | -25.50% | -7.72% | -8.42% | 12.08% | -131.70% | -492.49% | -20.82% | 44.62% | ||||||||
operating margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 188,000,000 | 180,000,000 | 148,000,000 | 247,000,000 | 106,000,000 | 204,000,000 | 178,000,000 | 237,000,000 | 172,000,000 | 23,000,000 | 123,000,000 | 207,000,000 | 175,000,000 | 188,000,000 | 119,000,000 | 116,000,000 | 125,000,000 | 140,000,000 | 146,000,000 | 148,000,000 | 157,000,000 | 153,000,000 | -487,000,000 | 158,000,000 | 170,000,000 | 169,000,000 | 180,000,000 | 172,000,000 | 43,000,000 | 41,000,000 | 40,000,000 | 40,000,000 | 44,000,000 | 40,000,000 | 48,000,000 | 33,000,000 | 33,000,000 | 33,000,000 | 34,000,000 | 28,000,000 | 28,000,000 | 27,000,000 | 27,000,000 | 27,000,000 | 26,000,000 | 29,000,000 | 31,000,000 | 34,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 32,000,000 | 30,000,000 | 28,000,000 | 27,000,000 | 31,000,000 | 29,000,000 | 34,000,000 | 85,000,000 | 51,000,000 | 52,000,000 | 55,000,000 | 58,000,000 | 59,000,000 | 92,000,000 | 48,000,000 | ||||
other income | -45,000,000 | -7,000,000 | -32,000,000 | -6,000,000 | -15,000,000 | -7,000,000 | -5,000,000 | -16,000,000 | -20,000,000 | -8,000,000 | 4,000,000 | 9,000,000 | 9,000,000 | 4,000,000 | 1,000,000 | -4,000,000 | -3,000,000 | -4,000,000 | 5,000,000 | -4,000,000 | 20,000,000 | -8,000,000 | 9,000,000 | 1,000,000 | 5,000,000 | 9,000,000 | -33,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -22,000,000 | -1,000,000 | -2,000,000 | 1,000,000 | 1,000,000 | -1,000,000 | 4,000,000 | -1,000,000 | -1,000,000 | 428,000,000 | -41,000,000 | -3,000,000 | -1,000,000 | -4,000,000 | -1,000,000 | -3,000,000 | -4,000,000 | -3,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | 3,000,000 | -20,000,000 | -2,000,000 | -3,000,000 | -10,000,000 | -7,000,000 | -1,000,000 | ||||||||
income before benefit from income taxes | 852,000,000 | 718,000,000 | 660,000,000 | -154,000,000 | 802,000,000 | 672,000,000 | 594,000,000 | 664,000,000 | 613,000,000 | 581,000,000 | 558,000,000 | 183,000,000 | 213,000,000 | 765,000,000 | 1,109,000,000 | 678,000,000 | 613,000,000 | 398,000,000 | 558,000,000 | 584,000,000 | 406,000,000 | 205,000,000 | 286,000,000 | 413,000,000 | 416,000,000 | 315,000,000 | 108,250,000 | 194,000,000 | ||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 190,000,000 | 171,000,000 | 143,000,000 | -10,000,000 | 186,000,000 | 157,000,000 | 140,000,000 | 146,000,000 | 114,000,000 | 105,000,000 | 4,000,000 | 180,000,000 | 266,000,000 | 149,000,000 | 165,000,000 | 73,000,000 | 130,000,000 | 141,000,000 | 108,000,000 | 49,000,000 | 74,000,000 | 109,000,000 | 102,000,000 | 85,000,000 | 27,500,000 | 46,000,000 | 83,000,000 | 54,000,000 | -184,000,000 | 114,000,000 | 94,000,000 | 71,000,000 | 91,000,000 | 102,000,000 | 142,000,000 | 99,000,000 | 78,500,000 | 106,000,000 | 121,000,000 | 87,000,000 | 113,000,000 | 81,000,000 | 142,000,000 | 60,000,000 | 93,000,000 | 102,000,000 | 93,000,000 | 61,000,000 | 82,000,000 | 94,000,000 | 64,000,000 | 87,000,000 | 102,000,000 | 68,000,000 | 50,000,000 | 92,000,000 | 91,000,000 | 82,000,000 | -260,000,000 | 59,000,000 | 80,000,000 | 60,000,000 | ||||||||
net income | 662,000,000 | 547,000,000 | 517,000,000 | -144,000,000 | 616,000,000 | 515,000,000 | 454,000,000 | 448,000,000 | 325,000,000 | 428,000,000 | 443,000,000 | 298,000,000 | 156,000,000 | -229,000,000 | 304,000,000 | 314,000,000 | 230,000,000 | 266,000,000 | 148,000,000 | 235,000,000 | 159,000,000 | 508,000,000 | 203,000,000 | 188,000,000 | 177,000,000 | 165,000,000 | 240,000,000 | 260,000,000 | 182,000,000 | 185,000,000 | 202,000,000 | 220,000,000 | 157,000,000 | 188,000,000 | 210,000,000 | 155,000,000 | 207,000,000 | 155,000,000 | 106,000,000 | 170,000,000 | 179,000,000 | 178,000,000 | 102,000,000 | 154,000,000 | 172,000,000 | 114,000,000 | 144,000,000 | 183,000,000 | 89,000,000 | 114,000,000 | 151,000,000 | 158,000,000 | 132,000,000 | -621,000,000 | 106,000,000 | 108,000,000 | 95,000,000 | |||||||||||||
yoy | 7.47% | 6.21% | 13.88% | 50.34% | 108.33% | -286.90% | 45.72% | -5.10% | -32.17% | -186.09% | 105.41% | 33.62% | 44.65% | -47.64% | -27.09% | 25.00% | -10.17% | 207.88% | -15.42% | -27.69% | -2.75% | -10.81% | 18.81% | 18.18% | 15.92% | -1.60% | -3.81% | 41.94% | -24.15% | 21.29% | 98.11% | -8.82% | 15.64% | -12.92% | 3.92% | 10.39% | 4.07% | 56.14% | -29.17% | -15.85% | 93.26% | 0.00% | -4.64% | 15.82% | -32.58% | -118.36% | 42.45% | 46.30% | 38.95% | |||||||||||||||||||||
qoq | 21.02% | 5.80% | -459.03% | -123.38% | 19.61% | 13.44% | 37.85% | -24.07% | -3.39% | 48.66% | 91.03% | -168.12% | -175.33% | -3.18% | 36.52% | -13.53% | 79.73% | -37.02% | 47.80% | -68.70% | 150.25% | 7.98% | 6.21% | 7.27% | -31.25% | -7.69% | 42.86% | -1.62% | -8.42% | -8.18% | 40.13% | -16.49% | -10.48% | 35.48% | -25.12% | 33.55% | 46.23% | -37.65% | -5.03% | 0.56% | 74.51% | -33.77% | -10.47% | 50.88% | -20.83% | -21.31% | 105.62% | -21.93% | -24.50% | -4.43% | 19.70% | -121.26% | -685.85% | -1.85% | 13.68% | |||||||||||||||
net income margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 490,000 | 400,000 | 380,000 | -100,000 | 450,000 | 380,000 | 330,000 | 370,000 | 360,000 | 330,000 | 320,000 | 130,000 | 150,000 | 410,000 | 600,000 | 370,000 | 320,000 | 230,000 | 300,000 | 310,000 | 210,000 | 110,000 | 170,000 | 220,000 | 220,000 | 160,000 | 210,000 | 110,000 | 1,300,000 | 880,000 | 2,800,000 | 1,120,000 | 1,020,000 | 970,000 | 910,000 | 1,300,000 | 1,400,000 | 970,000 | 980,000 | 1,060,000 | 1,150,000 | 820,000 | 970,000 | 1,070,000 | 780,000 | 1,020,000 | 760,000 | 520,000 | 820,000 | 850,000 | 840,000 | 480,000 | 710,000 | 780,000 | 510,000 | 610,000 | 750,000 | 350,000 | 450,000 | 590,000 | 620,000 | 520,000 | -2,440,000 | 410,000 | 420,000 | |||||
diluted | 490,000 | 400,000 | 380,000 | -110,000 | 450,000 | 380,000 | 330,000 | 370,000 | 360,000 | 330,000 | 320,000 | 130,000 | 150,000 | 410,000 | 590,000 | 370,000 | 310,000 | 230,000 | 300,000 | 310,000 | 210,000 | 110,000 | 170,000 | 210,000 | 220,000 | 160,000 | 210,000 | 110,000 | 1,300,000 | 880,000 | 2,800,000 | 1,110,000 | 1,020,000 | 960,000 | 900,000 | 1,290,000 | 1,390,000 | 960,000 | 970,000 | 1,050,000 | 1,140,000 | 810,000 | 960,000 | 1,060,000 | 780,000 | 1,010,000 | 760,000 | 510,000 | 810,000 | 840,000 | 830,000 | 480,000 | 710,000 | 770,000 | 500,000 | 600,000 | 740,000 | 350,000 | 440,000 | 590,000 | 620,000 | 520,000 | -2,440,000 | 410,000 | 420,000 | |||||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,358,500,000 | 1,358,300,000 | 1,357,100,000 | 1,362,200,000 | 1,356,200,000 | 1,355,600,000 | 1,380,700,000 | 1,397,400,000 | 1,400,300,000 | 1,406,200,000 | 1,416,800,000 | 1,416,100,000 | 1,417,500,000 | 1,418,200,000 | 1,415,700,000 | 1,417,600,000 | 1,417,400,000 | 1,409,200,000 | 1,407,200,000 | 1,407,300,000 | 1,407,200,000 | 1,407,000,000 | 790,500,000 | 1,406,800,000 | 1,406,700,000 | 1,406,300,000 | 1,086,300,000 | 1,361,800,000 | 180,200,000 | 179,900,000 | 182,000,000 | 181,400,000 | 183,200,000 | 183,400,000 | 185,400,000 | 184,800,000 | 185,700,000 | 187,600,000 | 190,900,000 | 190,400,000 | 191,400,000 | 193,000,000 | 194,800,000 | 196,600,000 | 197,900,000 | 203,300,000 | 204,100,000 | 204,600,000 | 210,600,000 | 210,400,000 | 211,900,000 | 212,600,000 | 216,000,000 | 221,900,000 | 223,600,000 | 238,000,000 | 244,500,000 | 253,300,000 | 254,200,000 | 254,200,000 | 254,200,000 | 254,200,000 | 254,000,000 | 254,200,000 | 254,000,000 | |||||
diluted | 1,362,900,000 | 1,362,800,000 | 1,362,200,000 | 1,368,300,000 | 1,361,900,000 | 1,361,200,000 | 1,387,700,000 | 1,406,200,000 | 1,409,100,000 | 1,417,000,000 | 1,428,500,000 | 1,427,200,000 | 1,428,600,000 | 1,429,700,000 | 1,427,900,000 | 1,428,500,000 | 1,428,100,000 | 1,425,600,000 | 1,422,100,000 | 1,422,900,000 | 1,421,500,000 | 1,420,100,000 | 790,500,000 | 1,419,400,000 | 1,419,200,000 | 1,417,700,000 | 1,097,600,000 | 1,373,600,000 | 181,100,000 | 180,800,000 | 182,800,000 | 182,100,000 | 183,700,000 | 184,600,000 | 186,600,000 | 185,700,000 | 186,500,000 | 189,000,000 | 192,400,000 | 191,500,000 | 192,400,000 | 194,600,000 | 196,200,000 | 197,800,000 | 199,500,000 | 204,700,000 | 205,500,000 | 206,300,000 | 212,300,000 | 212,000,000 | 213,300,000 | 213,900,000 | 218,200,000 | 224,400,000 | 226,300,000 | 240,400,000 | 246,700,000 | 255,100,000 | 255,200,000 | 255,500,000 | 255,100,000 | 254,300,000 | 254,000,000 | 254,200,000 | 254,000,000 | |||||
selling, general and administrative expenses | 929,000,000 | 1,245,000,000 | 1,295,000,000 | 1,176,000,000 | 1,217,000,000 | 1,272,000,000 | 1,165,000,000 | 1,227,000,000 | 1,196,000,000 | 1,204,000,000 | 1,018,000,000 | 1,113,000,000 | 1,040,000,000 | 1,039,000,000 | 961,000,000 | 1,000,000,000 | 949,000,000 | 1,001,000,000 | 1,028,000,000 | -2,653,000,000 | 1,012,000,000 | 1,028,000,000 | 911,000,000 | 999,000,000 | 1,025,000,000 | 721,000,000 | 626,000,000 | 612,000,000 | 640,000,000 | 683,000,000 | 621,000,000 | 590,000,000 | 603,000,000 | 590,000,000 | 546,000,000 | 583,000,000 | 592,000,000 | 586,000,000 | 552,000,000 | 581,000,000 | 592,000,000 | 554,000,000 | 563,000,000 | 619,000,000 | 563,000,000 | 555,000,000 | 561,000,000 | 599,000,000 | 553,000,000 | 559,000,000 | 598,000,000 | 547,000,000 | 564,000,000 | 587,000,000 | 531,000,000 | 539,000,000 | 547,000,000 | 550,000,000 | 499,000,000 | 489,000,000 | 542,000,000 | 536,000,000 | 508,000,000 | |||||||
impairment of intangible assets | 2,000,000 | 166,000,000 | 311,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
aoci | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
athletic brewing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
board | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bps | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ceo | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
chobani | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
circana | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dpo | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dps | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dps merger | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dsd | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dso | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eps | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchange act | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fx | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
jab | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
kdp | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
keurig | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lrb | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nutrabolt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rsu | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rtd | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tractor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sec | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sg&a | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sofr | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. gaap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vita coco | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wd | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on litigation settlement | -299,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | 169,000,000 | 48,000,000 | 105,000,000 | 2,000,000 | 2,000,000 | -4,000,000 | 9,000,000 | 11,000,000 | 13,000,000 | 49,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of equity method investment | -50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of investments and note receivable | 6,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income including non-controlling interest | 518,000,000 | 503,000,000 | 467,000,000 | 453,000,000 | 179,000,000 | 218,000,000 | 585,000,000 | 843,000,000 | 529,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interest | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to kdp | 518,000,000 | 503,000,000 | 467,000,000 | 453,000,000 | 180,000,000 | 218,000,000 | 585,000,000 | 843,000,000 | 530,000,000 | 448,000,000 | 325,000,000 | 428,000,000 | 443,000,000 | -236,000,000 | 304,000,000 | 314,000,000 | 230,000,000 | 266,000,000 | 148,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
benefit for income taxes | 110,000,000 | -5,000,000 | 97,000,000 | -364,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2020 364-day credit agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2021 364-day credit agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
a shoc | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
abc | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
abi | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
annual report | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bedford | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bodyarmor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
csd | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ffs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fasb | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goldman | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
iri | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
kdp credit agreements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
kdp revolver | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
libor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lifefuels | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ncb | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
peet's | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pet | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proposition 65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
veyron spe | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2022 revolving credit agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
la colombe | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revive | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rvg | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
veyron spes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vie | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment on investments and note receivable | 25,500,000 | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment on investment and note receivable | 86,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense - related party | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to employee redeemable non-controlling interest and mezzanine equity awards | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expense | 11,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 28,000,000 | 27,000,000 | 26,000,000 | 26,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | 24,000,000 | 24,000,000 | 26,000,000 | 26,000,000 | 26,000,000 | 26,000,000 | 27,000,000 | 28,000,000 | 29,000,000 | 29,000,000 | 28,000,000 | 29,000,000 | 29,000,000 | 29,000,000 | 29,000,000 | 35,000,000 | 31,000,000 | 31,000,000 | 31,000,000 | 33,000,000 | 32,000,000 | 32,000,000 | 31,000,000 | 33,000,000 | 29,000,000 | 28,000,000 | 27,000,000 | 29,000,000 | 28,000,000 | 28,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||
interest income | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -3,000,000 | -10,000,000 | -17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes and equity in loss of unconsolidated subsidiaries | 321,000,000 | 219,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in loss of unconsolidated subsidiaries | 238,000,000 | 165,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in loss of unconsolidated subsidiaries, net of tax | -3,000,000 | -6,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per common share | 580,000 | 435,000 | 580,000 | 580,000 | 580,000 | 397,500 | 530,000 | 530,000 | 530,000 | 360,000 | 480,000 | 480,000 | 480,000 | 410,000 | 410,000 | 410,000 | 380,000 | 380,000 | 380,000 | 340,000 | 340,000 | 340,000 | 340,000 | 320,000 | 320,000 | 250,000 | 250,000 | 250,000 | ||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes and equity in earnings of unconsolidated subsidiaries | 212,000,000 | 317,000,000 | 283,000,000 | 248,000,000 | 257,000,000 | 343,000,000 | 402,000,000 | 281,000,000 | 223,250,000 | 308,000,000 | 341,000,000 | 244,000,000 | 322,000,000 | 236,000,000 | 296,000,000 | 166,000,000 | 263,000,000 | 281,000,000 | 271,000,000 | 163,000,000 | 236,000,000 | 265,000,000 | 178,000,000 | 231,000,000 | 284,000,000 | 157,000,000 | 164,000,000 | 242,000,000 | 248,000,000 | 214,000,000 | -882,000,000 | 164,000,000 | 188,000,000 | 155,000,000 | ||||||||||||||||||||||||||||||||||||
income before equity in earnings of unconsolidated subsidiaries | 142,250,000 | 203,000,000 | 189,000,000 | 177,000,000 | 166,000,000 | 241,000,000 | 260,000,000 | 182,000,000 | 185,000,000 | 202,000,000 | 220,000,000 | 157,000,000 | 188,000,000 | 209,000,000 | 155,000,000 | 207,000,000 | 154,000,000 | 106,000,000 | 170,000,000 | 179,000,000 | 178,000,000 | 102,000,000 | 154,000,000 | 171,000,000 | 114,000,000 | 144,000,000 | 182,000,000 | 89,000,000 | 114,000,000 | 150,000,000 | 157,000,000 | 132,000,000 | -622,000,000 | 105,000,000 | 108,000,000 | 95,000,000 | ||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated subsidiaries, net of tax | -1,000,000 | -1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before benefit for income taxes and equity in earnings of unconsolidated subsidiaries | 285,000,000 | -157,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expenses | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per common share: | 150,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring costs | 26,000,000 | 7,000,000 | 14,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of property and intangible assets | -750,000 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated subsidiaries | 250,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and intangible assets | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of property | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 380,000 |
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