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Common-Size Income Statement
Merck & Co. Inc., common-size consolidated income statement
|Income statement item||Description||The company|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Merck & Co. Inc.’s operating income as a percentage of sales increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.|
|Income before 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.||Merck & Co. Inc.’s income before taxes as a percentage of sales increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.|
|Net income attributable to Merck & Co., Inc.||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Merck & Co. Inc.’s net income attributable to Merck & Co., Inc. as a percentage of sales increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.|