DuPont de Nemours Inc. (DD)

Income Statement

Difficulty: Beginner

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

DuPont de Nemours Inc., Consolidated Income Statement

USD $ in millions

	12 months ended	Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Net sales
	Cost of sales
	Gross margin
	Research and development expenses
	Selling, general and administrative expenses
	Amortization of intangibles
	Restructuring, goodwill impairment and asset related charges, net
	Integration and separation costs
	Asbestos-related charge
	Operating income
	Equity in earnings of nonconsolidated affiliates
	Sundry income, net
	Interest expense and amortization of debt discount
	Income from continuing operations before income taxes
	(Provision) credit for income taxes on continuing operations
	Income from continuing operations, net of tax
	Loss from discontinued operations, net of tax
	Net income
	Net income attributable to noncontrolling interests
	Net income attributable to DowDuPont Inc.
	Preferred stock dividends
	Net income available for DowDuPont Inc. common stockholders

Based on: 10-K (filing date: 2019-02-11), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

Item	Description	The company
Net sales	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	DuPont de Nemours Inc.’s net sales increased from 2016 to 2017 and from 2017 to 2018.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	DuPont de Nemours Inc.’s operating income declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
Income from continuing operations before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	DuPont de Nemours Inc.’s income from continuing operations before income taxes declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
Net income attributable to DowDuPont Inc.	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	DuPont de Nemours Inc.’s net income attributable to DowDuPont Inc. declined from 2016 to 2017 but then increased from 2017 to 2018 not reaching 2016 level.

	DuPont de Nemours Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality