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Income Statement Quarterly Data

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AbbVie Inc., Consolidated Income Statement (quarterly data)

USD $ in millions

 
3 months ended Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Net revenues
Cost of products sold
Gross margin
Selling, general and administrative
Research and development
Acquired in-process research and development
Other expense
Operating earnings
Interest expense, net
Net foreign exchange gain (loss)
Other income (expense), net
Earnings before income tax expense
Income tax expense
Net earnings
Source: AbbVie Inc., Quarterly and Annual Reports
Item Description The company
Net revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. AbbVie Inc.'s net revenues increased from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Operating earnings The net result for the period of deducting operating expenses from operating revenues. AbbVie Inc.'s operating earnings declined from Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 level.
Earnings before income tax expense Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. AbbVie Inc.'s earnings before income tax expense declined from Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 level.
Net earnings The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. AbbVie Inc.'s net earnings declined from Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 level.

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